Zambia’s Twin Credit Upgrade: A Turning Point in the Nation’s Economic Recovery
By: Mbewe Kalikeka 1st December 2025 Zambia has received yet another vote of confidence from the global financial community. On 23 November 2025, Standard & Poor’s (S&P) upgraded Zambia’s long- and short-term foreign-currency credit ratings from “Selective Default (SD)” to CCC+/C, marking the country’s formal exit from default status. Just five days later, on 28 November 2025, Fitch …
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