Moody’s upgrades Zambia to Caa1 on improving debt outlook
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MOODY’s Ratings has upgraded Zambia’s sovereign credit rating from Caa2 to Caa1 and maintained a positive outlook, effective 30th October 2026. The agency said the upgrade reflects substantial and sustained improvement in Zambia’s government debt trajectory, marking further progress since its 2020 default. The action follows Zambia’s 9th October 2026 staff-level agreement with the IMF […]
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- 72 words · 1 min read
- Published
- November 2, 2026
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- Mwebantu Editor
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- Mwebantu