Tag Archives: Credit

Credit Ratings Agencies such as Standard and Poor’s(S&P) Global Ratings, Fitch Ratings, Moody’s Investors Service and DBRS Morningstar are NOT always 100% right and reliable. It has been established that sometimes there is a conflict of interest between bond issuers and these credit ratings agencies. “The conflict of interest between …

An American credit rating agency known as S&P Global Ratings on August 5th, 2022 downgraded Ghana’s credit rating from B- to CCC+, reflecting Ghana’s limited commercial financing options, constrained external and fiscal buffers. S&P Global Ratings has lowered Ghana’s foreign and local currency and Sovereign ratings to CCC+ and the …