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South Africa
UploadedAug 2019
Vukile’s long-term issuer rating was upgraded to ‘AA-(ZA)’ from ‘A+(ZA)’ by GCR in July 2019. The upgrade was premise...
South Africa
UploadedAug 2019
Listed in 2003 as a property unit trust (“PUT”) under the Collective Investments Scheme Control Act (“CISCA”), Emira (the r...
South Africa
UploadedAug 2019
The South African Securitisation Programme (RF) Limited – Series 1 (“SASP 1”) is the first of three series in a R5bn multi-seller...
South Africa
UploadedAug 2019
Compass Securitisation (RF) Limited (“Compass”, “the Issuer”) is a ZAR1bn Equipment Receivables Backed Note Programme estab...
South Africa
UploadedAug 2019
The ratings on City of Johannesburg Metropolitan Municipality (“CoJ or the metro”) are underpinned by its position as the economic hub...
South Africa
UploadedJun 2019
AECI is a leading manufacturer and supplier of mining explosives and chemicals in Africa. Specifically, its mining explosives business is one of th...
South Africa
UploadedJun 2019
The rating on King Cetshwayo District Municipality (‘KCDM’) reflects the relatively strong South African sector score for local authori...
Botswana
UploadedJun 2019
This introduces GCR Ratings (“GCR”) first Short Term Insurance Compendium for Sub-Saharan Africa. In this publication, GCR provides a b...
South Africa
UploadedJun 2019
The South African Securitisation Programme (RF) Limited – Series 2 (“SASP 2”) is a revolving series and the second of three serie...
South Africa
UploadedJun 2019
The South African Securitisation Programme (RF) Limited – Series 3 (“SASP 3”) is a revolving series and the third of three series...
South Africa
UploadedJun 2019
The South African Securitisation Programme (RF) Limited – Series 1 (“SASP 1”) is the first of three series in a R5bn multi-seller...
South Africa
UploadedMay 2019
The rating of the Series 2 Notes is credit-linked to the long-term unsecured credit ratings of the underlying Borrower. The rating of the Series 3...
South Africa
UploadedMay 2019
The final, public credit ratings accorded to the Class B and C Notes relate to timely payment of interest and ultimate payment of principal by the...
South Africa
UploadedMay 2019
The transaction benefits from an aggregate R189.4m that comprises the unrated Subordinated Loan and First Loss Loan which are partially used to fun...
South Africa
UploadedMay 2019
iNkotha is an RMB managed structured funding vehicle that advances Rand denominated overnight call loans to South African corporates, as well as So...
South Africa
UploadedMay 2019
The final, public rating accorded to the Notes in issue under the Issuer’s ABCP Programme relates to timely payment of interest and principal...
South Africa
UploadedApr 2019
Fortress is an internally asset managed hybrid REIT that invests directly in property and in listed securities. It continues to shift its direct in...
South Africa
UploadedApr 2019
The fund rating on BCI Money Market Fund (“the fund”) reflects its category within the collective investment scheme for money market un...
South Africa
UploadedApr 2019
Incorporated in 1982, Transmed has since operated as a closed medical scheme providing medical cover to the employees of the Transnet Group, its su...
South Africa
UploadedApr 2019
DHMS was incorporated in 1994 and has since grown to become the largest scheme in the domestic medical scheme industry, covering in excess of 2.8m...
South Africa
UploadedApr 2019
Objective – to offer investors a means to participate in a well-diversified portfolio of MM instruments (as defined from time to time), in co...
South Africa
UploadedApr 2019
Objective - The fund aims to provide a reasonable level of current income and stability for capital invested. The fund complies with the requiremen...
South Africa
UploadedApr 2019
Post the new issuance of R300m HPF12 Notes on 17 April 2019 and following the payment in full of the maturing R150 HPF09 Notes on 15 April 2019, HP...
South Africa
UploadedMar 2019
Investment policy – objective is to offer a fixed interest portfolio which has a high degree of liquidity and capital preservation and a low...
South Africa
UploadedMar 2019
GCR considers Compass Insure to be strategically important to the group, given the strategic integration and alignment with group risk and capital...
South Africa
UploadedMar 2019
INMON’s objective is to outperform benchmark (STeFI 3-month Index), providing a high level of current income while maintaining a high degree...
South Africa
UploadedMar 2019
CORPMM’S objective is to outperform call rates (proxied by the STeFI Call Deposit Index), over the interest rate cycle, while maintaining a h...
South Africa
UploadedMar 2019
Investment policy – objective is to provide investors with high levels of income (yields in excess of call account yields) and capital preser...
South Africa
UploadedMar 2019
Investment policy – objective is to preserve capital and provide a total return in excess of that offered by MM funds, annual fixed deposits...
South Africa
UploadedMar 2019
NEDPMF was established in March 2018 as a ‘portfolio’ of the Nedgroup Collective Investments Scheme. It is regulated as a Collective In...
South Africa
UploadedMar 2019
Investment policy – objective is to preserve capital, maintain liquidity, and provide a total return (with low volatility) in excess of that...
South Africa
UploadedMar 2019
Resilient is a JSE listed REIT, specialising in developing and managing retail properties. At 1H FY19, the REIT held a total direct property portfo...
South Africa
UploadedMar 2019
Dipula was incorporated as Dipula Property Fund in 2006, with a property portfolio of approximately R300m, mainly acquired from Redefine Properties...
South Africa
UploadedMar 2019
Constantia operates within niche segments of the insurance market, complemented by personal lines and smaller commercial market offerings. UMAs are...
South Africa
UploadedMar 2019
Incorporated in 1936, Sappi is an international diversified woodfibre manufacturer focused on sustainable product solutions that include dissolving...
South Africa
UploadedMar 2019
The final, public rating accorded to the Class A Notes relates to timely payment of interest and ultimate payment of principal. The Issuer may also...
Zimbabwe
UploadedMar 2019
Cell was established in 2003 as the first licenced captive insurance company in Zimbabwe covering the risks of the national power utility company....
South Africa
UploadedMar 2019
Ashburton SIF’s objective is to maximise current levels of income, while providing high capital stability and predictable income distribution...
South Africa
UploadedFeb 2019
GCR has considered the progression in portfolio quality since the Octodec and Premium Properties Limited merger in 2014. The REIT continues to demo...
South Africa
UploadedFeb 2019
Genric was established in 2005, and was licensed as a short term insurer in 2006. The insurer previously operated within an insurance and healthcar...