MIL-OSI Banking: Summary-S&P Affirmed Botswana’s ‘BBB+’ Long-term and ‘A-2’ Short-term Foreign and Domestic Currency Sovereign Credit Rating but Revised Down the Economic Outlook from Stable to Negative.

Source: Bank of Botswana

On 14 March 2025, S&P Global Ratings (S&P) released an update of the sovereign credit rating for Botswana. The Rating Agency affirmed the country’s ‘BBB+’ long-term and ‘A-2’ short-term foreign and domestic currency sovereign credit ratings but revised down the economic outlook from stable to negative. 

See the Summary Report attached.

S&P GLOBAL RATINGS AFFIRMS BOTSWANA’S SOVEREIGN CREDIT RATINGS.pdf