Tag: Fitch

Fitch downgrades Tunisia rating to ‘CCC-‘, confirming fears over economic collapse

June 11, 2023

The political and economic crisis is worsening in Kais Saied’s Tunisia. The uncertainties and fears over the collapse of this country has pushed Fitch agency ... Read More

“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook

September 22, 2022

The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director ... Read More

Fitch Affirms Morocco at BBB- Rating & Revises Outlook to Negative

April 28, 2020

Fitch Ratings has affirmed Morocco at 'BBB-' rating and revised the Outlook on country's Long-Term Foreign-Currency Issuer Default Rating (IDR) to negative. The global rating ... Read More

Africa: Fitch advises mining firms to invest in renewable energy

February 22, 2019

A report published by Fitch Solutions has indicated that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa, mining companies operating in ... Read More

Hope For The Best: Argentines Wake Up In Default

August 2, 2014

The mood is defiant in the streets of Buenos Aires after Fitch Ratings and Moody's Investors Service declared today Argentina in default on some bonds ... Read More

Fitch Gives Morocco ‘BBB’ Rating

November 8, 2012

Global rating agency Fitch has affirmed Morocco's Long-term foreign currency Issuer Default Rating (IDR) at 'BBB-', Long-term local currency IDR at 'BBB', and Short-term foreign ... Read More