Africa’s no.1 rating agency

Accounting for the majority of all ratings accorded on the African continent.

Welcome

GCR rates the full spectrum of security classes and accords both International Scale and National Scale ratings, and together with its international affiliates, rates almost 3000 organisations and debt issues - spanning 4 continents.

Our rating and research activities can be sub-divided into the following key sectors: 1) Financial Institutions: banks and non-bank financial institutions 2) Insurance: short term insurance, assurance, reinsurance & healthcare 3) Corporate and Public Sector Debt: corporates & industrial borrowers; MFI’s; parastatals, utilities & local authorities and 4) Structured Finance & Securitisation.


  • Carlyle acquires significant stake in GCR

    Carlyle acquires significant stake in GCR

    Global Credit Ratings (GCR) is pleased to confirm that the Carlyle Group (Carlyle) recently acquired a 49.9% stake in the GCR group.  We are very excited at this development, as this will be a massive boost to GCR’s international credentials as well as provide access to vast financial and technical resources.

    Carlyle is the pre-eminent Global Private Equity player, managing assets in the region of US$170 billion and who’s portfolio companies’ combined would rank it amongst the 10 most profitable corporations worldwide.

    Find out more »

  • GCR awarded Best Fund Rating Service in Africa

    GCR awarded Best Fund Rating Service in Africa

    Global Credit Ratings (GCR) has recently been named the Best Fund Rating Service for the second consecutive year by African Global Funds (AGF) at the Africa Service Providers Awards 2017. The AGF Africa Service Provider Awards were created to honour and generate both industry and public recognition of the outstanding efforts and accomplishments of fund service providers covering Africa.

    Find out more »

  • GCR recognised as an eligible ECAI by SARB

    GCR recognised as an eligible ECAI by SARB

    On 21 August 2015, GCR received approval from the South African Reserve Bank (“SARB”) to be recognised as an eligible External Credit Assessment Institution (“ECAI”) in terms of regulation 51 of the Regulations relating to Banks.

  • GCR’s application for registration approved by the FSB

    Global Credit Rating Co. (Pty) Ltd is pleased to advise our clients, investors and other interested parties that our application for registration as a credit rating agency by the Financial Services Board has been approved. Please refer to the following link to the Financial Services Board website for further details please click here

  • Benefits of a GCR Rating

    Benefits of a GCR Rating


    A favourable rating can immediately result in an increased pool of investors, can facilitate direct access to capital markets and can ultimately result in reduced funding costs. Furthermore, the extensive distribution of the detailed rating report can prove to be a highly effective complement to an organisation’s own investor relations activities.

    Find out more »

  • An overview of GCR’s subscription services

    An overview of GCR’s subscription services


    GCR’s overriding objective has always been to establish itself as the most credible and cost effective source of information in the marketplace and our exceptional market penetration reflects this subscriber emphasis. In view of the above, GCR established the largest subscriber base in the industry in less than 4 years.

    Find out more »

  • The history of GCR

    The history of GCR


    Global Credit Rating Co. (“GCR”) can trace its origins back to 1996 when it was established as the African Arm of the New York Stock Exchange-listed Duff & Phelps. Very rapid growth followed and within only a short period the group had established itself as the market leader, accounting for the majority of all ratings accorded on the African continent. GCR’s African regional headquarters are based in Johannesburg, with its main SADC, West, and East African regional offices established in Harare, Lagos and Nairobi respectively.

    Find out more »

  • An overview of GCR’s rating definitions

    An overview of GCR’s rating definitions


    GCR defines credit risk as the risk that an entity may not meet its contractual financial obligations as they come due. Credit ratings do not address other risks such as, but not limited to, fraud, organised crime, market liquidity, market value risk, or price volatility. Credit ratings are opinions and not statements of current or historical fact.

    Find out more »

1 2 3 4 5 6 7 8

Latest Headlines


GCR affirms Eastern and Southern African Trade and Development Bank’s rating of AAA(KE); Outlook Stable.

Johannesburg, 15 October 2018 - Global Credit Ratings has affirmed Eastern and Southern African Trade and Development Bank’s national scale ratings of AAA(KE) and A1+(KE) in the long term and short term respectivel...

15 Oct 2018 In Rating Notifications

GCR affirms Phoenix of Tanzania Assurance Company Limited’s rating of AA-(TZ); Outlook Stable.

Johannesburg, 12 October 2018—Global Credit Ratings has today affirmed the national scale claims paying ability rating assigned to Phoenix of Tanzania Assurance Company Limited of AA-(TZ), with the rating outlook a...

12 Oct 2018 In Rating Notifications

GCR affirms Swan General Ltd’s rating of AA-(MU); Outlook Stable.

Johannesburg, 12 October 2018 - Global Credit Ratings has today affirmed the national scale claims paying ability rating assigned to Swan General Ltd of AA-(MU), with the outlook accorded as Stable. Furthermore, Global C...

12 Oct 2018 In Rating Notifications

GCR downgrades ZB Building Society’s rating to BB-(ZW); Outlook Stable.

Johannesburg, 10 October 2018—Global Credit Ratings has downgraded the long term national scale rating assigned to ZB Building Society to BB-(ZW), and affirmed the short-term national scale rating of B(ZW); with th...

10 Oct 2018 In Rating Notifications

GCR upgrades ZB Bank Limited’s rating to BB(ZW); Outlook Stable.

Johannesburg, 10 October 2018—Global Credit Ratings has upgraded the national scale rating assigned to ZB Bank Limited to BB(ZW) in the long-term and affirmed B(ZW) in the short-term; with the outlook accorded as S...

10 Oct 2018 In Rating Notifications

Nitro Securitisation 6 (RF) Limited – Ratings ‘Under Review’

Johannesburg, 10 October 2018—Global Credit Ratings (“GCR”) has today placed the final, public short-term and long-term credit ratings accorded to the following Classes of Notes issued by Nitro Securiti...

10 Oct 2018 In Rating Notifications

GCR accords Equites Property Fund Limited a first-time rating of A(ZA); Stable outlook

Johannesburg, 10 October 2018—Global Credit Ratings has today accorded Equites Property fund Limited first-time Issuer national scale ratings of A(ZA) and A1(ZA) for the long and short term respectively; with the o...

10 Oct 2018 In Rating Notifications