africa-economy

Semafor

Moody’s Surrenders South African License, Designates Subsidiary GCR for Domestic Ratings

Global credit ratings agency Moody’s gave up its South African license on May 4, 2026, as part of a shift to prioritize cross-border investors and international funding for African issuers. The move leaves a regulatory gap that its subsidiary GCR, the continent’s biggest home-gro…

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