The Namibian Property sector risk score balances below average cyclicality and relatively sound returns against the adverse impact of structural and economic limitations National Government has been grappling with for a number of years.
Johannesburg, 27 March 2019 — Global Credit Ratings has today affirmed the national scale ratings assigned to Oryx Properties Limited of BBB+(NA) and A2(NA) in the long term and short term respectively, with a Rating Watch accorded. The ratings are valid until 30 May 2019. SUMMARY RATING RATIONALE Global Credit Ratings (“GCR”) has accorded the […]
Johannesburg, 25 February 2019 — Global Credit Ratings has today placed Oryx Properties Limited’s national scale ratings “Under Review”. While the ratings were scheduled to be reviewed by 28 February 2019, GCR is far advanced with the process, and expects to publicly release the ratings results by 31 March 2019. The existing ratings continue to […]