
Fitch downgrades Kenya's credit rating to negative
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Pre-pandemic, Kenya was positioned to be one of the top performing economies in the world. The IMF also suggested this earlier this year but things have taken a dramatic turn. On account of worsening macroeconomic conditions, ratings agency Fitch downgraded Kenya's credit rating to negative from stable. Business Day TV spoke to Mpho Molopyane, SSA Senior Economist at Absa CIB for her analysis on Kenya's economic headwind