We explore the role of credit ratings in global markets and highlight potential opportunities
for research on the African credit rating agency market. We trace the evolution of credit …

Over the last decade, the South African economy has endured prevailing economic
challenges, including weak economic growth, unreliable electricity supply, rising fiscal …

This study examined the impact of sovereign credit rating on financial development. Using a
sample of 21 African countries from 1995 to 2019, the empirical result indicates a significant …

Purpose: The study analyses the effects of sovereign credit ratings on financial development
in South Africa. This became important considering that the country has been receiving …

This paper examines the effects of COVID‐19 new infections on the financial sovereign risks
in the group of ten (G10) countries. The paper utilises panel least squares regression using …

This paper investigates the nexus between sovereign credit rating (SCR) changes and
financial market returns in African financial markets. It enquires whether sovereign default …

Sovereign debt ratings provided by rating agencies measure the solvency of a country, as
gauged by a lender or an investor. It is an indication of the risk involved in investment and …

This paper examines the spatial dependence of foreign portfolio investment (FPI) inflows
between ASEAN countries from 2002Q1-2018Q4 utilizing the spatial econometric approach …

Theoretical background: The sovereign creditworthiness and solvency in the context of the
pandemic and war crises is one of the biggest challenges that the modern world and the …

This chapter focuses on the biases and contradictions associated with the operations of the
international credit rating agencies in Africa. It argues that the Big Three rating agencies …