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Ghana
UploadedOct 2020
Letshego Holdings Limited acquired AFB Ghana Plc in January 2017. Following the acquisition, AFB Ghana rebranded to Letshego Ghana Savings and Loan...
Zimbabwe
UploadedOct 2020
As the core operating entity, the analysis on CBZ Bank Limited reflects the strengths and weaknesses of the wider CBZ Holdings Limited Group. The r...
South Africa
UploadedOct 2020
GCR Ratings assigned a short-term issue credit rating to the R1bn Class A Notes issued by AB Finco 2 (RF) Limited (“AB Finco 2” or &ldq...
Ghana
UploadedOct 2020
The upgrade of Enterprise Insurance Company Limited’s rating follows a sustained strengthening in risk adjusted capitalisation and liquidity,...
Ghana
UploadedOct 2020
NSIA Insurance Company Limited’s rating reflects a very strong financial profile along with demonstrated support from the parent company, NSI...
Mozambique
UploadedOct 2020
International Commercial & Engineering ICE Seguros, SA’s rating is underpinned by a solid financial profile, with very strong levels of c...
South Africa
UploadedOct 2020
The ratings of PSG Konsult Limited are underpinned by prudent risk management, with a large quantum of cash and cash equivalents supporting a stron...
South Africa
UploadedOct 2020
GCR placed the ratings assigned to Equites Property Fund Limited on Positive Outlook. The outlook change acknowledges Equites’ conservatively...
Kenya
UploadedOct 2020
The ratings accorded balance Centum Real Estate Limited’s strong competitive position, conservative liquidity and adequate leverage levels ag...
Zimbabwe
UploadedOct 2020
The ratings on Ecobank Zimbabwe Limited reflect the bank’s sound financial profile relative to rated peers in the adverse operating environme...
Namibia
UploadedOct 2020
BW’s ratings reflect the credit profile of Capricorn Group Limited (“Capricorn”, or “the group”). BW’s contribu...
Mozambique
UploadedOct 2020
Global Alliance Seguros S.A.’s rating downgrade follows a sustained deterioration in risk adjusted capitalisation emanating from weak earning...
Namibia
UploadedOct 2020
Letshego Bank Namibia Limited is considered a core operating entity in Letshego Holdings Namibia Limited, as such, the national scale issuer rating...
South Africa
UploadedOct 2020
GCR Ratings has released Vukile Property Fund Limited’s September 2020 report, which comprises our forward-looking view on Vukile’s cre...
South Africa
UploadedOct 2020
Northam’s profitability has surged over recent years, enhanced by higher platinum group metals prices and rising production volumes. The upgr...
South Africa
UploadedOct 2020
GCR Ratings affirmed the issue credit ratings assigned to the Notes issued under the South African Securitisation Programme (RF) Limited – Se...
South Africa
UploadedOct 2020
GCR downgraded City of Johannesburg Metropolitan Municipality long term issuer rating. The downgrade reflects the weaker operating environment, whi...
South Africa
UploadedOct 2020
The operating environment assessment is underpinned by Accelerate’s predominantly South African property portfolio, which is where most of it...
South Africa
UploadedOct 2020
On 1 October 2020, GCR Ratings assigned a short-term issue credit rating to the R1.5bn Class A Notes issued by AB Finco 2 (RF) Limited on 9 S...
South Africa
UploadedOct 2020
GCR has released the September 2020 Omnia Holdings Limited (“Omnia”) report, which outlines the factors underpinning the issuer’s...
South Africa
UploadedSep 2020
MW Asset Rentals (RF) Ltd is a R2.5bn Lease Receivables Backed Note Programme that issued R1.250m of Class A Notes. On 07 September 2020, GCR Ratin...
South Africa
UploadedSep 2020
The rating downgrade is in anticipation of the planned unbundling of PSG Financial Services Limited (“PSGFS”) stake in Capitec Bank Hol...
South Africa
UploadedSep 2020
On 18 August 2020, GCR assigned an indicative short term issue credit rating to the R1.5bn Class A Notes to be issued by AB Finco 2 (RF) Limited (&...
South Africa
UploadedSep 2020
On 21 August 2020, GCR assigned issue credit rating to the Class A28 Notes issued under the South African Securitisation Programme (RF) Limited &nd...
Rwanda
UploadedAug 2020
Strengths
South Africa
UploadedAug 2020
The ratings assigned to Curro Holdings Limited are underpinned by the relative stability of the education sector in the currently uncertain operati...
South Africa
UploadedAug 2020
Octodec’s portfolio quality assessment is constrained by high concentration to properties in the inner cities of Pretoria and Johannesburg, a...
South Africa
UploadedAug 2020
The rating action reflects the unchanged capital structure post annual review, asset performance and our credit and cash flow analysis using the mo...
South Africa
UploadedJul 2020
GCR Ratings assigned an indicative issue credit rating to the Class A28 Notes to be issued under the South African Securitisation Programme (RF) Li...
South Africa
UploadedJul 2020
The downgrade to SANRAL’s international scale rating reflects GCR’s view of a weaker domestic fiscal position, with deeply negative eco...
Ghana
UploadedJul 2020
The analysis on Ecobank Ghana Limited reflects the strengths and weaknesses of the wider Ecobank Ghana Group. The downgrade takes into account the...
Kenya
UploadedJul 2020
RA has developed a unique business model that provides construction, integrated facilities management and other services to a range of internationa...
South Africa
UploadedJun 2020
The ratings reflect AECI Limited’s fiscal discipline, demonstrably robust liquidity, as well as the strong global positioning of its Mining S...
South Africa
UploadedMay 2020
The ratings on African Oxygen Limited reflect the strong funding profile, underpinned by robust cash generation despite sustained weakness in the S...
Namibia
UploadedMay 2020
The ratings counterbalance Oryx Properties Limited’s (“Oryx” or “the fund”) small and highly concentrated portfolio a...
South Africa
UploadedMay 2020
The sound performance of Emira Property Fund Limited’s (“Emira”, “the REIT” or “the fund”) small but rela...
South Africa
UploadedMay 2020
Discovery Health Medical Scheme’s (“DHMS”) rating is supported by the scheme’s very strong membership profile (market leadi...
South Africa
UploadedMay 2020
The Issuer is a Rand Merchant Bank managed structured funding vehicle that advances rand denominated overnight call loans to South African corporat...
South Africa
UploadedApr 2020
Fox Street 6 (RF) Ltd is a Residential Mortgage Backed Securities (“RMBS”) Securitisation of home loans originated by Investec Bank Ltd...
South Africa
UploadedApr 2020
Fox Street 3 (RF) Ltd is a Residential Mortgage Backed Securities (“RMBS”) Securitisation of home loans originated by Investec Bank Ltd...