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GCR places Sanlam Life Insurance Limited’s rating ‘Under Review’

Johannesburg, 18 July 2017—Global Credit Ratings has today placed Sanlam Life Insurance Limited’s (formerly “Pan Africa Life Assurance Limited”) national scale financial strength rating of AA-(KE), ‘Under r...

18 Jul 2017 In Market Alerts

South African Securitisation Programme (RF) Limited Series 1 – Rating ‘Under Review’

Johannesburg, 17 July 2017—Global Credit Ratings (“GCR”) has today placed the final, public long-term credit ratings accorded to the following securities issued by the South African Securitisation Progr...

17 Jul 2017 In Market Alerts

GCR extends ‘Under Review’ of FM Re Property & Casualty (Private) Limited

Johannesburg, 06 July 2017—Global Credit Ratings has extended the ‘Under review’ applicable to FM Re Property & Casualty (Private) Limited’s national scale claims paying ability rating of BBB(ZW),. While ...

06 Jul 2017 In Market Alerts

GCR affirms Saham Assurance Company Kenya Limited’s rating of A-(KE); withdraws rating.

Johannesburg, 05 July 2017—Global Credit Ratings has today affirmed Saham Assurance Company Kenya Limited’s national scale claims paying ability rating of A-(KE), with the outlook accorded as Negative. Global...

05 Jul 2017 In Rating Notifications, Market Alerts

GCR places Medihelp Medical Scheme’s national scale rating ‘Under Review’

Johannesburg, 4 July 2017—Global Credit Ratings has today placed Medihelp Medical Scheme’s national scale claims paying ability rating of AA-(ZA) ‘Under Review’. While the rating recently expired, GCR is far ...

04 Jul 2017 In Market Alerts

GCR withdraws Regent Insurance Botswana (Proprietary) Limited’s national scale rating

Johannesburg, 30 June 2017—Global Credit Ratings (“GCR”) has today withdrawn the national scale claims paying ability rating assigned to Regent Insurance Botswana (Proprietary) Limited (“Regent Bo...

30 Jun 2017 In Market Alerts

GCR places Hosmed Medical Scheme’s rating ‘Under Review’

Johannesburg, 30 June 2017—Global Credit Ratings has today placed Hosmed Medical Scheme’s national scale rating of A-(ZA), ‘Under review’. While the rating recently expired, GCR expects to publicly releas...

30 Jun 2017 In Market Alerts

GCR places MOZRE Moçambique Resseguros, S.A’s ratings ‘Under Review’

Johannesburg, 30 June 2017—Global Credit Ratings has today placed MOZRE Moçambique Resseguros, S.A’s national scale claims paying ability rating of BBB-(MZ) and international scale claims paying ability rating o...

30 Jun 2017 In Market Alerts

GCR places Global Alliance Seguros, S.A.’s national scale rating ‘Under Review’

Johannesburg, 30 June 2017—Global Credit Ratings has today placed Global Alliance Seguros, S.A.’s national scale claims paying ability rating of AA-(MZ) ‘Under Review’. While the rating recently expired, GCR ...

30 Jun 2017 In Market Alerts

GCR places ARM Cement Limited’s national scale ratings ‘Under Review’

Johannesburg, 29 June 2017—Global Credit Ratings (“GCR”) has today placed ARM Cement Limited’s (“ARM”) national scale Issuer ratings “Under Review.” While the ratings were ...

29 Jun 2017 In Market Alerts

GCR places TPS Eastern Africa Limited’s national scale ratings ‘Under Review’

Johannesburg, 29 June 2017—Global Credit Ratings has today placed TPS Eastern Africa Limited’s national scale Issuer ratings “Under Review.” While the ratings were scheduled to be reviewed by 30 J...

29 Jun 2017 In Market Alerts

GCR withdraws Nakumatt Holdings Limited’s ratings

Johannesburg, 27 June 2017—Global Credit Ratings (“GCR”) has today withdrawn the national scale ratings assigned to Nakumatt Holdings Limited (“Nakumatt”) without affirmation. At the last rating review in D...

27 Jun 2017 In Market Alerts

GCR places Fox Street 5 (RF) Limited ratings ‘Under Review’

Johannesburg, 5 June 2017—Global Credit Ratings has today placed the following final, public long-term credit ratings accorded to the following Notes issued by Fox Street 5 (RF) Ltd, (‘the Issuer’) Unde...

05 Jun 2017 In Market Alerts

Synthesis Funding Ltd Asset Backed Commercial Paper – Rating Withdrawal.

Johannesburg, 5 June 2017—Global Credit Ratings (‘GCR’) has withdrawn the final, public ‘A1+(ZA)(sf)’ short-term rating accorded to the Notes issued from time to time by Synthesis Funding Lt...

05 Jun 2017 In Market Alerts

GCR withdraws Oakhurst Insurance Company Limited’s international scale rating

Johannesburg, 2 June 2017—Global Credit Ratings (“GCR”) has today withdrawn the international scale claims paying ability rating assigned to Oakhurst Insurance Company Limited (“Oakhurst”), ...

02 Jun 2017 In Market Alerts

GCR places Saham Assurance Company Kenya Limited’s rating ‘Under Review’

Johannesburg, 01 June 2017—Global Credit Ratings has today placed Saham Assurance Company Kenya Limited’s national scale rating of A-(KE), ‘Under review’. While the rating recently expired, GCR expects to pub...

01 Jun 2017 In Market Alerts

GCR places FM Re Property & Casualty (Private) Limited’s rating ‘Under Review’

Johannesburg, 01 June 2017—Global Credit Ratings has today placed FM Re Property & Casualty (Private) Limited’s national scale rating of BBB(ZW), ‘Under review’. While the rating recently expired, GCR exp...

01 Jun 2017 In Market Alerts

GCR places Transaction Capital Risk Services’ servicer quality* ratings ‘Under Review’

Johannesburg, 31 May 2017 – Global Credit Ratings (“GCR”) has placed the primary and special servicer ratings assigned to Transaction Capital Risk Services (Proprietary) Limited of SQ1-(ZA) and SQ1(ZA) ...

31 May 2017 In Market Alerts

GCR places Rebosis Property Fund Limited’s national scale ratings “Under Review”

Johannesburg, 30 May 2017—Global Credit Ratings (“GCR”) has placed the national scale Issuer ratings assigned to Rebosis Property Fund Limited (“Rebosis”) of A-(ZA) and A1-(ZA) in the long a...

29 May 2017 In Market Alerts

GCR withdraws Selecta Insurance Company Limited’s ratings.

Johannesburg, 26 May 2017—Global Credit Ratings has today withdrawn the national scale and international scale claims paying ability ratings assigned to Selecta Insurance Company Limited of BBB-(RU) and BB- respect...

26 May 2017 In Market Alerts

GCR places Fox Street 5 (RF) Limited ratings ‘Under Review’

Johannesburg, 22 May 2017—Global Credit Ratings has today placed the following final, public long-term credit ratings accorded to the following Notes issued by Fox Street 5 (RF) Ltd, (‘the Issuer’) Unde...

22 May 2017 In Market Alerts

GCR withdraws Hollard Insurance Ghana Limited’s rating.

Johannesburg, 22 May 2017—Global Credit Ratings has today withdrawn the national scale claims paying ability rating assigned to Hollard Insurance Ghana Limited of A(GH) at the request of the client. As such, GCR wi...

22 May 2017 In Market Alerts

GCR downgrades the international scale ratings of South African rated entities

Johannesburg, 3 May 2017 – Global Credit Ratings has downgraded the international scale, local currency ratings of certain South African rated entities from the sectors of Financial Institutions (banks and non-bank...

03 May 2017 In GCR Communications, Rating Notifications, Market Alerts

GCR withdraws HomeChoice Holdings Limited’s ratings

Johannesburg, 28 April 2017 — Global Credit Ratings has today withdrawn the national scale ratings assigned to HomeChoice Holdings Limited without affirmation. The withdrawal is at the request of the client, and follow...

28 Apr 2017 In Market Alerts

GCR withdraws Mabati Rolling Mills Limited’s ratings

Johannesburg, 28 April 2017 — Global Credit Ratings has today withdrawn the national scale ratings assigned to Mabati Rolling Mills Limited without affirmation. The withdrawal is at the request of the client, and follo...

28 Apr 2017 In Market Alerts

GCR places International Commercial & Engineering Seguros’ national scale rating ‘Under Review’

Johannesburg, 28 April 2017—Global Credit Ratings has today placed International Commercial & Engineering Seguros’ national scale claims paying ability rating of BBB+(MZ) ‘Under Review’. While the rating ...

28 Apr 2017 In Market Alerts

GCR places AFB (Ghana) Plc’s national scale ratings ‘Under Review’

Johannesburg, 28 April 2017—Global Credit Ratings (“GCR”) has today placed the national scale credit ratings assigned to AFB (Ghana) Plc of BB(GH) and B(GH) in the long term and short term respectively ...

28 Apr 2017 In Market Alerts

GCR places Nampak Products Limited’s national scale ratings ‘Under Review’

Johannesburg, 28 April 2017—Global Credit Ratings has today placed Nampak Products Limited’s national scale ratings “Under Review” until 31 May 2017, and expects to release the reviewed ratings by this date. In t...

28 Apr 2017 In Market Alerts

GCR places Absa Bank Limited’s ratings ‘Under Review’

Johannesburg, 28 April 2017—Global Credit Ratings (“GCR”) has today placed the national scale credit ratings assigned to Absa Bank Limited of AA+(ZA) and A1+(ZA) in the long term and short term respecti...

28 Apr 2017 In Market Alerts

Global Credit Ratings updates its mapping table for South Africa

Johannesburg, 26 April 2017 – Global Credit Ratings (“GCR”) has updated its mapping table for South Africa. The mapping table displays the mapping between GCR’s national scale ratings and its inte...

26 Apr 2017 In GCR Communications, Rating Notifications, Market Alerts

GCR places Fox Street 5 (RF) Limited ratings ‘Under Review’

Johannesburg, 20 April 2017—Global Credit Ratings has today placed the following final, public long-term credit ratings accorded to the following Notes issued by Fox Street 5 (RF) Ltd, (‘the Issuer’) Un...

20 Apr 2017 In Market Alerts

Synthesis Funding Ltd Asset Backed Commercial Paper – Under Review.

Johannesburg, 20 April 2017—Global Credit Ratings (‘GCR’) has today placed under review the final, public ‘A1+(ZA)(sf)’ short term rating accorded to the Notes issued and to be issued (from ...

20 Apr 2017 In Market Alerts

GCR withdraws Emeritus Reinsurance Company South Africa Limited’s ratings

Johannesburg, 18 Apr 2017—Global Credit Ratings has today withdrawn both the national and international scale claims paying ability ratings assigned to Emeritus Reinsurance Company South Africa Limited. The withdra...

18 Apr 2017 In Market Alerts

GCR extends the ‘Under Review’ for Fox Street 1 (RF) Limited

Johannesburg, 13 April 2017—Global Credit Ratings has today extended the Under Review for the following final, public long-term credit ratings accorded to the following Notes issued by Fox Street 1 (RF) Ltd, (&lsqu...

13 Apr 2017 In Market Alerts

GCR places AFB (Ghana) PLC Medium Term Note Programme ratings ‘Under Review’

Johannesburg, 18 April 2017—Global Credit Ratings has today placed the following final, public long term credit rating of ‘BBB(GH)’ with a Stable Outlook accorded to the Medium Term Notes (‘MTN&rs...

13 Apr 2017 In Market Alerts

Fox Street 2 (RF) Limited – Ratings Reviewed

Johannesburg, 5 April 2017—Global Credit Ratings (‘GCR’) is in process of reviewing the Fox Street 2 (RF) Ltd Transaction. GCR would like to recall the Ratings Announcement released on 4 April 2017. GCR...

05 Apr 2017 In Market Alerts

Global Credit Ratings withdraws Chase Bank Kenya Limited ratings.

Johannesburg, 31 March 2017 - The respective national scale long and short term ratings of CCC(KE) and C(KE) previously accorded to Chase Bank Kenya Limited (“Chase”, “the bank”) have been withdra...

31 Mar 2017 In Rating Notifications, Market Alerts

GCR places Nampak Limited’s national scale ratings ‘Under Review’

Johannesburg, 31 March 2017—Global Credit Ratings has placed Nampak Limited’s national scale ratings of A(ZA) and A1(ZA) for the long term and short term respectively ‘Under Review’. GCR is far advanced in it...

31 Mar 2017 In Market Alerts

GCR extends the ‘Under Review’ for Fox Street 1 (RF) Limited

Johannesburg, 16 March 2017—Global Credit Ratings has today extended the under review for the following final, public long-term credit ratings accorded to the following Notes issued by Fox Street 1 (RF) Ltd, (&lsqu...

16 Mar 2017 In Market Alerts

Zurich Insurance Company South Africa Limited changes its name to Bryte Insurance Company Limited

Johannesburg, 6 March 2017 – Global Credit Ratings (“GCR”) notes the change in name of Zurich Insurance Company South Africa Limited to Bryte Insurance Company Limited. Furthermore, the national scale claims paying...

06 Mar 2017 In Market Alerts

GCR withdraws Bonitas Medical Fund’s rating.

Johannesburg, 6 March 2017 – Global Credit Ratings has today withdrawn the national scale claims paying ability rating assigned to Bonitas Medical Fund (“Bonitas”) at the request of the client. GCR will no longer p...

06 Mar 2017 In Market Alerts

GCR extends the ‘Under Review’ for Fox Street 2 (RF) Limited

Johannesburg, 3 March 2017—Global Credit Ratings has today extended the under review for the following final, public long-term credit ratings accorded to the following Notes issued by Fox Street 2 (RF) Ltd, (&lsquo...

03 Mar 2017 In Market Alerts

GCR places Oryx Properties Limited’s national scale ratings ‘Under Review’

Johannesburg, 28 February 2017—Global Credit Ratings has today placed Oryx Properties Limited’s national scale ratings “Under Review” until 15 March 2017 and expects to release the reviewed ratings by this da...

28 Feb 2017 In Market Alerts

GCR places Saham Assurances Angola Seguros, S.A’s rating ‘Under Review’

Johannesburg, 01 Mar 2017—Global Credit Ratings has today placed Saham Assurances Angola Seguros, S.A’s national scale claims paying ability rating of A+(AO) ‘Under Review’. While the rating recently expired,...

28 Feb 2017 In Market Alerts

GCR extends ‘Under Review’ of Assurances Réassurances Omnibranches

Johannesburg, 28 February 2017—Global Credit Ratings has extended the ‘Under Review’ applicable to Assurances Réassurances Omnibranches national scale claims paying ability rating of AA-(MG). While the initial...

28 Feb 2017 In Market Alerts

GCR places Vukile Property Fund Limited’s national scale ratings ‘Under Review’

Johannesburg, 28 February 2017—Global Credit Ratings has today placed Vukile Property Fund Limited’s national scale issuer ratings of A(ZA) and A1(ZA) for the long and short term respectively “Under Review”. The ...

28 Feb 2017 In Market Alerts

GCR places Fox Street 1 (RF) Limited ratings ‘Under Review’

Johannesburg, 14 February 2017—Global Credit Ratings has today placed the following final, public long-term credit ratings accorded to the following Notes issued by Fox Street 1 (RF) Ltd, (‘the Issuer’)...

15 Feb 2017 In Market Alerts

GCR places Fox Street 2 (RF) Limited ratings ‘Under Review’

Johannesburg, 10 February 2017—Global Credit Ratings has today placed the following final, public long-term credit ratings accorded to the following Notes issued by Fox Street 2 (RF) Ltd, (‘the Issuer’)...

10 Feb 2017 In Market Alerts

GCR places Continental Reinsurance Company Limited’s rating “Under Review”

Johannesburg, 02 February 2017—Global Credit Ratings has today placed Continental Reinsurance Company Limited’s national scale and international scale claims paying ability ratings of A-(BW) and BB respectively, ...

02 Feb 2017 In Market Alerts

GCR accords Export Credit Insurance and Guarantee Company (Botswana) (Pty) Limited a rating of BBB+(BW); Outlook Stable.

Johannesburg, 01 February 2017—Global Credit Ratings has today accorded Export Credit Insurance and Guarantee Company (Botswana) (Pty) Limited a national scale claims paying ability rating of BBB+(BW), with the out...

02 Feb 2017 In Market Alerts

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