Moody’s upgrade expected to strengthen Zambian businesses

Author: lusakatimes.comPublished on: November 4, 2026Country: Zambia

Business & Economy

Moody’s upgraded Zambia’s sovereign credit rating from Caa2 to Caa1 and assigned the country a positive outlook. The decision strengthens Zambia’s standing among the international business and investment community. Henry Kapata, Director Spokesperson at the Ministry of Information and Media, said Moody’s is one of the world’s leading credit rating agencies.

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