Rating Action Johannesburg, 18 July 2019 – GCR Ratings (“GCR”) has downgraded Omnia Holdings Limited (“Omnia”) and Omnia Group Investments Limited’s national scale Issuer ratings to BBB-(ZA) andA3(ZA) in the long term and short term respectively, from A-(ZA) and A1-(ZA) respectively. The ratings remain on Rating Watch Negative. Rated Entity / Issue Rating class Rating scale...
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