PRESS RELEASE - MOODY'S AFFIRMS THE “A2” SOVEREIGN CREDIT RATING AND CHANGES THE OUTLOOK ON BOTSWANA’S RATING FROM STABLE TO NEGATIVE
Moody’s Investors Service (Moody’s), in the latest out-of-calendar review of the credit ratings, affirmed Botswana’s rating of ‘A2’ for long-term bonds denominated in both domestic and foreign currency, and changed the outlook from stable to negative.
According to Moody’s, this update to the recent March 2020 rating, on a date that deviates from the previously published sovereign release calendar,..
STATEMENT BY HIS EXCELLENCY DR. MOKGWEETSI E.K. MASISI PRESIDENT OF THE REPUBLIC OF BOTSWANA
ON THE DECLARATION OF THE STATE OF EMERGENCY IN BOTSWANA REGARDING THE OUTBREAK OF COVID-19
31st MARCH 2020 GABORONE
1.Batswana betsho, as you are all aware, on the 11th of March, 2020, the World Health Organization (WHO), declared the COVID-19 outbreak as a global pandemic. Since then, we have seen the devastating effects of this pandemic worldwide.
Last night Botswana confirmed with regret (3) cases of the COVID-19 virus.
2.I have been monitoring closely, the situation with keen interest and it has become apparent that urgent and necessary steps need to be taken to protect our country and its people from this deadly virus.
President Dr Mokgweetsi Masisi this morning hosted Founder and Chairman of the Econet Group Mr Strive Masiyiwa in his office for a tête-à-tête ahead of the much anticipated Town hall discussion on youth entrepreneurship at Gaborone International Convention Center.
Masiyiwa is in Botswana Botswana at the invitation of President Masisi, to discuss youth entrepreneurship particularly in the Information and Communication Technology space.
The Botswana Government has also enquired from the US Government through the Ambassador, to clarify if Botswana is regarded as a “shithole” country given that there are Botswana nationals residing in the US, and also that some of Batswana may wish to visit the US.
The Government of Botswana is wondering why President Trump, must use this descriptor and derogatory word, when talking about countries with whom the US has had cordial and mutually beneficial bilateral relations for so many years.