Rating action Johannesburg, 30 May 2023 – GCR Ratings (GCR) has downgraded eThekwini Municipality’s national scale long term issuer rating to AA(ZA) From AA+(ZA) with the short-term rating affirmed at A1+(ZA). The rating outlook has been revised to Negative from Stable. Rated Entity Rating class Rating scale Rating Outlook / Watch eThekwini Municipality Long Term...
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