While S&P Global is the credit ratings agency that lowered the country’s sovereign credit rating to one notch above junk status last month, it is unlikely that the fraudulent flags had anything to do with the decision. S&P, as a credit ratings agency, frequently keeps its radar on any and all activities involving countries and their prospects, as part of research and intelligence. However, the actual ratings action is based on an assessment of public finances, forecasts in the short to medium term and the plans government has made going forward.
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has…
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