EKASINOMICS: Sovereign Africa Ratings - a black run sovereign ratings business.
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Sovereign Africa Ratings (SAR), a new entrant in the highly competitive sovereign ratings business where it competes with the likes of Moodys’, Standard and Poors and Fitch, has appointed its first Chief Operating Officer, Mr Zwelibanzi Maziya.
Dr Sifiso Falala, the founder of Sovereign Africa Ratings welcomed this new appointment and explained that SAR was aware of the mammoth task ahead but launched this new business because Africa and the developing countries need to be well represented in the measurement of the creditworthiness of their countries, and that this role could not be delegated indefinitely to long established multinationals.
Dr Sifiso Falala, the founder of Sovereign Africa Ratings welcomed this new appointment and explained that SAR was aware of the mammoth task ahead but launched this new business because Africa and the developing countries need to be well represented in the measurement of the creditworthiness of their countries, and that this role could not be delegated indefinitely to long established multinationals.
