NCCI President takes issue with Moody's downgrade

NCCI President takes issue with Moody's downgrade

The President of the Namibia Chamber of Commerce and Industry (NCCI) Sven Thieme, spoke to our news team and says rating agency Moody's' economic downgrade is not based on fact but rather speculation.
He says that the NCCI strongly disagrees with the downgrade, which he says, raises suspicion about the credibility of such agencies.