MOODY’S UPGRADES ZAMBIA’S CREDIT RATING
Moody’s Ratings has upgraded Zambia’s sovereign credit rating from Caa2 to Caa1. The agency also assigned a positive outlook to the country. This announcement was made on 30 October 2026. The upgrade comes before the presentation of the 2027 National Budget on 6 November 2026. This change reflects the agency's assessment of sustained progress in the country. The move improves Zambia's international credit standing.
MOODY’S UPGRADES ZAMBIA’S CREDIT RATING Zambia’s sovereign credit rating has been upgraded from Caa2 to Caa1 by Moody’s Ratings, with a positive outlook, strengthening the country’s international credit standing ahead of the 2027 National Budget presentation on Friday, 6 November 2026. Announced on 30 October 2026, the upgrade reflects Moody’s assessment of substantial and sustained […] The post MOODY’S UPGRADES ZAMBIA’S CREDIT RATING first appeared on The Zambian Observer .