Moody’s revises Kenya’s ratings to ‘positive’ on potential liquidity risks easing By Reuters
(Reuters) – Global ratings agency Moody’s (NYSE:) revised Kenya’s outlook to “positive” from “negative” on Friday, citing a potential ease in liquidity risks and improving debt affordability over time. The East-African country has been struggling with heavy debt and looking for new financing lines since last year due to nationwide protests against proposed tax increases. […]