‘Fitch Rating upgrade to reduce borrowing costs’relations
Published On December 2, 2025 » 1664 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
THE recent Fitch Rating upgrade will lower Zambia’s sovereign risk premia, reduce borrowing costs and reopen the country to external markets, the Economics Association of Zambia (EAZ) has said.
The think-tank says the sovereign upgrade from the Fitch Rating Agency (FRA) will also typically attract private capital, compress corporate spending and improve bank funding conditions.
EAZ president Oswald Mungule said in a statement that the upgrade in Zambia’s rating would also support foreign exchange stability, moderates import prices, and aids disinflation, consistent with the observed trends late this year.

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