# Eskom has welcomed a credit rating upgrade by Fitch Ratings, following the recent improvement in South Africa’s sovereign credit rating. Fitch upgraded Eskom’s long-term issuer default rating to B+ from B, with a stable outlook. Eskom says the upgrade reflects its strong link to government support and ongoing operational improvements. The utility spokesperson Daphne Mokwena says they remains focused on strengthening financial stability, and supporting energy security and economic growth:
Fitch upgrades Eskom credit rating [SOUND]
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