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Moody’s has bought a leading African rating agency: why it’s bad news

Moody’s has bought a leading African rating agency: why it’s bad news

by Contributed | Feb 15, 2022 | Blog

Misheck Mutize, University of Cape Town Moody’s Investors Service, one of the three dominant global credit rating agencies, is acquiring a majority shareholding in Global Credit Rating (GCR), a leading credit rating agency in Africa. The move is based on Moody’s...

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