Tuesday 29, August 2017 by Matthew Amlôt

S&P: Republic of Zambia outlook revised to stable

On Aug. 25, 2017, S&P Global Ratings revised its outlook on the 'B' long-term foreign and local currency sovereign ratings on the Republic of Zambia to stable from negative. At the same time, the 'B' long-term and 'B' short-term sovereign ratings were affirmed. The transfer and convertibility (T&C) assessment remains at 'B'.