Consequently, Botswana has attained and maintained the highest sovereign credit rating in Africa, awarded by both Moody’s Investors Service and Standard and Poors.2 The rating compares favourably with several middle-income countries elsewhere in the world.
The country has also scored highly in the Global Competitiveness Report for the period 2003-20043, and Transparency International has recently ranked Botswana 30 out of 133 countries in its Corruption Perception Index.4 All of these scores are the highest among surveyed African countries and are higher than those of several European countries.