October 25, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of her visit to Pakistan: “I would like to start by offering my condolences to the Pakistani people for the tragic loss of lives at the Quetta attack […]
Updates
Zimbabwe growth to quicken to 4.8 pct in 2017: Treasury document
October 25, 2016/Reuters Zimbabwe expects economic growth to quicken to 4.8 percent in 2017 from 1.2 percent this year on improved agriculture production and higher global commodity prices, the Treasury said in a budget strategy document. “Preliminary growth projections for 2017 are at 4.8 percent,” the document said. (Reporting by […]
Fitch Rates Access Bank’s $300 Million Eurobond ‘B’
24/10/2016/Fitch Ratings (The following statement was made by Fitch Ratings) Fitch Ratings has assigned Nigeria-based Access Bank Plc’s (Access) issue of USD300m 10.5% senior unsecured notes due 2021 a ‘B’ rating. The Recovery Rating is ‘RR4’, which denotes average recovery prospects given default. The notes were issued under the bank’s […]

