Fitch Ratings on Saturday affirmed the Development Bank of Namibia’s (DBN) Long-Term Issuer Default Rating (IDR) credit rating at BB- with stable outlook. However, the rating agency kept DBN’s National Long-Term Rating at AA+, noted the statement from Fitch. “DBN’s BB- Long-Term IDRs are driven by potential support from the Namibian authorities, as expressed by...
In a significant development, AKPA Rating Agency has recently upgraded Rosatom’s ESG (Environmental, Social, and Governance) rating from ESG-3 (ESG-B) to ESG-2 (ESG-B). This upgraded rating underscores Rosatom’s dedication to maintaining a high level of environmental protection, social responsibility, and efficient management practices. To arrive at this rating, six major divisions within Rosatom—the Mining, Power...
Mr Thomas Stelzer, Dean, International Anti-Corruption Academy, (IACA), Vienna, Austria, has faulted the measuring tool used by Transparency International (TI) in its Corruption Perceptions Index (CPI). This is contained in a statement issued on Friday in Abuja by Mrs Azuka Ogugua, spokesperson of the Independent Corrupt Practices and other related offences Commission (ICPC). According to...