Zambia credit rating upgraded By Masauso Mkwayaya Zambia’s credit rating has been upgraded to CCC / C from SD / SD, signalling renewed confidence in the Government’s debt management strategy and a shift away from a history of unsustainable borrowing. According to S&P Global Ratings, the improved rating reflects Zambia’s strengthening fiscal position and its progress towards restoring financial stability, reducing refinancing risks, and improving its standing in international markets. S&P notes t