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Moody’s Ratings downgrades Uganda’s ratings to B3 from B2; upgrades outlook to stable

Gatekeepers of Uganda's Economy. Left-Right: Matia Kasaija, the Finance Minister; Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury and Dr. Michael Atingi-Ego the Deputy Governor, Bank of Uganda.
by Muhereza Kyamutetera

Moody’s Ratings (Moody’s) one of the global leaders in credit ratings for companies, governments has downgraded the Government of Uganda’s long-term foreign-currency and local-currency issuer ratings to B3 from B2…

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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