Fitch

4 Articles
Treasury CS John Mbadi
BUSINESS

Fitch: Kenya’s Budget Deficit to Hit 5.2% of GDP

Kenya faces a challenging fiscal outlook for the 2025/26 financial year, with global credit rating agency Fitch projecting a budget deficit of 5.2...

Afreximbank rating
SMART MONEY

Fitch Affirms Afreximbank Rating At BBB With Stable Outlook

The global rating agency, Fitch Ratings, on 20th June 2023, affirmed the Afreximbank long-term Issuer Default Rating (IDR) at BBB, with a stable...

KCB Bank Kenya
BUSINESSFEATURED STORY

KCB Receives B+ Issuer Default Ratings By Fitch

Fitch Ratings has affirmed KCB Group PLC‘s its core banking subsidiary KCB Bank Kenya Limited’s LongTerm Issuer Default Ratings (IDRs) at ‘B+’. The...

FEATURED STORY

Rotich: Moody’s possible downgrade is ‘desk analysis’

Cabinet Secretary now says that the country only has a contract with Standard & Poor’s (S&P) and Fitch to periodically gather data from...