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01 Mar 2024 Sector Comment Sovereign & Supranational – Africa: Downward revision of expected SACU revenue to weigh on credit profile of Botswana, Namibia and eSwatini
10 Jan 2024 Outlook Sovereigns – Sub-Saharan Africa: 2024 Outlook - Negative on large debt maturities amid tight funding conditions
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08 Jun 2023 Issuer In-Depth Government of Namibia - B1 stable: Annual credit analysis Namibia, Government of
16 May 2022 Issuer In-Depth Government of Namibia - B1 stable: Annual credit analysis Namibia, Government of
19 Apr 2022 Credit Opinion First National Bank of Namibia Limited: Update to credit analysis following deposit ratings affirmation, and outlook stabilisation First National Bank of Namibia Limited
20 Dec 2021 Credit Opinion First National Bank of Namibia Limited: Update to credit analysis post June 2021 results First National Bank of Namibia Limited
09 Dec 2021 Credit Opinion Government of Namibia – Ba3 negative: Regular update Namibia, Government of
17 Nov 2021 Outlook Sovereigns – Sub-Saharan Africa: 2022 outlook negative amid fragile recovery, persistent external risks and limited scope for adjustment
03 Nov 2021 Outlook Sovereigns – Global: Stable 2022 outlook as economic recovery eases credit pressures, but long-term costs of the pandemic weigh on sovereigns
19 Oct 2021 Sector Profile Sovereigns - Global: Ratings Review Summary
08 Sep 2021 Outlook Aerospace and Defense – Global: Outlook positive as commercial aerospace recovery takes hold; defense solid
25 May 2021 Credit Opinion Government of Namibia – Ba3 negative: Update Namibia, Government of
30 Mar 2021 Sector Comment Sovereign – Africa: Higher SACU receipts will support revenue but fiscal-consolidation challenges persist
23 Mar 2021 Sector In-Depth Sovereigns - Sub-Saharan Africa: Near-term credit challenges and longer-term prospects in 10 key charts (Slides)
15 Mar 2021 Research Announcement Moody's - Namibia's credit profile weakened by pandemic, high public wage bill and vulnerability to shocks Namibia, Government of
15 Mar 2021 Issuer In-Depth Government of Namibia – Ba3 negative: Annual credit analysis Namibia, Government of
16 Feb 2021 Credit Opinion Government of Namibia – Ba3 negative: Update following assignment of ESG credit impact scores Namibia, Government of
13 Jan 2021 Outlook Sovereigns – Sub-Saharan Africa: 2021 outlook negative as debt costs intensify amid limited institutional capacity to adjust post pandemic
13 Jan 2021 Research Announcement Moody's - Negative outlook for Sub-Saharan African sovereigns as debt costs will intensify post pandemic
17 Dec 2020 Credit Opinion First National Bank of Namibia Limited: Update following sovereign action and change to sovereign ceiling First National Bank of Namibia Limited
07 Dec 2020 Credit Opinion First National Bank of Namibia Limited: Update following downgrade First National Bank of Namibia Limited
04 Dec 2020 Credit Opinion Government of Namibia – Ba3 Negative: Update following downgrade to Ba3, negative outlook Namibia, Government of
25 Nov 2020 Sector In-Depth ESG – Emerging Markets: ESG risks are prevalent, especially in public sector; governance is cited most frequently
25 Nov 2020 Research Announcement Moody's - ESG credit risks more prevalent in emerging markets than in developed markets
10 Nov 2020 Outlook Sovereign – Global: Negative 2021 outlook as pandemic fallout weighs on economic activity, government finances, complicates policy choices
18 Oct 2020 Compilation Credit Outlook: 19 October 2020
05 Oct 2020 Sector In-Depth EM Covenant Monitor: EM covenant quality scores reach all-time worst level amid slowing issuance
24 Sep 2020 Sector In-Depth Banks – Africa: Pressures on sovereigns from coronavirus crisis weakens banks’ credit profiles
29 Jun 2020 Credit Opinion First National Bank of Namibia Limited: Update to credit analysis First National Bank of Namibia Limited
01 Jun 2020 Issuer Comment Government of Namibia: Slower-than-expected debt stabilisation increases Namibia's vulnerability to global financial conditions Namibia, Government of
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