Rating action Johannesburg, 24 August 2023 – GCR Ratings (GCR) has upgraded Government Employees Medical Scheme’s (GEMS) national scale financial strength rating to AA+(ZA) from AA(ZA), with the Outlook maintained as Stable. Rated entity Rating class Rating scale Rating Outlook/Watch Government Employees Medical Scheme Financial strength National AA+(ZA) Stable Outlook Rating rationale The rating for...
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