Public Entities

GCR assigns City of Tshwane Metropolitan Municipality A_(ZA)/ A1_(ZA) issuer ratings, reflecting its status as a political centre, albeit with relatively high gearing; Outlook Stable

Oct 14, 2020

Rating Action Johannesburg, 14 October 2020 – GCR Ratings (“GCR”) has assigned City of Tshwane Metropolitan Municipality national scale long and short term issuer ratings…

Announcements Corporate Public Entities Rating Alerts

GCR withdraws Nkangala District Municipality’s issuer ratings

Oct 6, 2020

Tagged in: South Africa

Rating Action Johannesburg, 6 October 2020 – GCR Ratings (“GCR”) has withdrawn Nkangala District Municipality’s (“NDM”) national scale long term and short-term issuer ratings for…

Announcements Corporate Public Entities Rating Alerts

GCR updates four local government’s issuer ratings following a deterioration in South Africa’s operating environment

Aug 17, 2020

Tagged in: South Africa

Rating Action Johannesburg, 17 August 2020 – GCR Ratings (“GCR”) has reviewed public ratings on four South African local and regional government entities (“LRGs”) following…

Announcements Public Entities Rating Alerts

GCR downgrades City of Johannesburg Metropolitan Municipality’s to AA-_(ZA) amidst a weaker operating environment; Outlook Stable

Jul 29, 2020

Tagged in: South Africa

Rating Action Johannesburg, 29 July 2020 – GCR Ratings (“GCR”) has downgraded the national scale long term Issuer rating assigned to City of Johannesburg Metropolitan…

Announcements Public Entities Rating Alerts

GCR assigns the County Government of Makueni an initial Issuer rating of BBB_(KE), stable Outlook

Mar 11, 2020

Tagged in: Kenya

Rating Action Johannesburg, 11 March 2020 – GCR Ratings (“GCR”) has assigned the County Government of Makueni Issuer ratings of BBB(KE) and A3(KE) for the…

Announcements Public Entities Rating Alerts

GCR assigns the County Government of Kisumu an initial Issuer rating of BB_(KE), stable Outlook

Mar 11, 2020

Tagged in: Kenya

Rating Action Johannesburg, 11 March 2020 – GCR Ratings (“GCR”) has assigned the County Government of Kisumu Issuer ratings of BB(KE) and B(KE) for the…

Announcements Public Entities Rating Alerts

GCR assigns the County Government of Bungoma an initial Issuer rating of BBB_(KE), stable Outlook

Mar 11, 2020

Tagged in: Kenya

Rating Action Johannesburg, 11 March 2020 – GCR Ratings (“GCR”) has assigned the County Government of Bungoma Issuer ratings of BBB(KE) and A3(KE) for the…

Announcements Public Entities Rating Alerts

GCR revises West Coast District Municipality’s Issuer ratings to A/A1_(ZA) on criteria change. Outlook Stable.

Dec 20, 2019

Tagged in: South Africa

Rating Action Johannesburg, 20 December 2019 – GCR Ratings (“GCR”) has revised West Coast District Municipality’s National Scale Long Term and Short Term Issuer Credit…

Announcements Corporate Insurance Public Entities Rating Alerts

GCR extends Under Criteria Observation applicable to entities’ ratings

Nov 22, 2019

Tagged in: South Africa

Market Alert GCR extends Under Criteria Observation applicable to entities’ ratings Summary Johannesburg, 22 November 2019 – GCR Ratings has extended the Under Criteria Observation…

Announcements Public Entities Rating Alerts

GCR affirms Nkangala District Municipality’s Issuer ratings of BB-/A_(ZA). Outlook Stable.

Nov 22, 2019

Tagged in: South Africa

Rating Action Johannesburg, 22 November 2019 – GCR Ratings (“GCR”) has affirmed Nkangala District Municipality’s National Scale Issuer ratings of A(ZA) and A1(ZA) in the…