Public Sector – GCR Ratings

GCR affirms the Ekurhuleni Water Care Company NPC’s long term rating at BBB_(ZA), rating outlook revised to Stable

May 27, 2025

Rating action Johannesburg, 27 May 2025 – GCR Ratings (GCR) has affirmed Ekurhuleni Water Care Company NPC’s (ERWAT) national scale long and short-term issuer ratings…

Announcements Corporate Public Sector Rating Alerts

GCR revises City of Ekurhuleni’s National Scale Issuer Rating of BBB_(ZA) to Stable Outlook, due to prudent financial management and lower gearing

May 27, 2025

Tagged in: South Africa

Rating action Johannesburg, 27 May 2025 – GCR Ratings (GCR) has affirmed the City of Ekurhuleni Metropolitan Municipality’s national scale long and short-term issuer ratings…

Announcements Corporate Public Sector Rating Alerts

GCR affirms West Coast District Municipality’s rating of A_(ZA) with a Stable outlook.

May 23, 2025

Tagged in: South Africa

Rating action Johannesburg, 23 May 2025 – GCR Ratings (GCR) has affirmed West Coast District Municipality’s national scale issuer ratings of A(ZA) and A1(ZA) in…

Announcements Corporate Public Sector Rating Alerts

GCR places Ekurhuleni Water Care Company NPC’s ratings of BBB_(ZA)/A3_(ZA), Negative Outlook on Rating Review Extension

April 30, 2025

Tagged in: South Africa

Rating action Johannesburg, 30 April 2025 – GCR Ratings (GCR) has placed Ekurhuleni Water Care Company NPC’s (ERWAT) national scale long and short-term Issuer ratings…

Announcements Corporate Public Sector Rating Alerts

GCR places City of Ekurhuleni Metropolitan Municipality’s ratings of BBB_(ZA)/A3_(ZA), Negative Outlook on Rating Review Extension

April 30, 2025

Tagged in: South Africa

Rating action Johannesburg, 30 April 2025 – GCR Ratings (GCR) has placed City of Ekurhuleni Metropolitan Municipality’s national scale long and short-term Issuer ratings of…

Announcements Corporate Public Sector Rating Alerts

GCR affirms City of Tshwane Metropolitan Municipality’s unsolicited long term rating at CCC_(ZA) and revises Outlook to Positive on easing liquidity risks and improving fiscal position

April 9, 2025

Tagged in: South Africa

Rating action Johannesburg, 09 April 2025 – GCR Ratings (GCR) has affirmed City of Tshwane Metropolitan Municipality’s unsolicited national scale long and short term Issuer…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Ondo State Government of Nigeria’s Issuer ratings of BBB_(NG)/A3_(NG), Outlook Stable.

March 31, 2025

Tagged in: Nigeria

Lagos, 31 March 2025 – GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of BBB(NG) and A3(NG) respectively accorded to…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Enugu State Government of Nigeria’s Issuer ratings of BBB_(NG)/A3_(NG), Outlook Stable.

March 28, 2025

Tagged in: Nigeria

Lagos, 28 March 2025 – GCR Ratings (GCR) has affirmed the national scale long-term and short-term Issuer ratings of BBB(NG) and A3(NG), respectively, accorded to…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Buffalo City Metropolitan Municipality’s National Scale Issuer Rating to A-(ZA); Outlook remains Negative on strained financial performance and liquidity.

March 28, 2025

Tagged in: South Africa

Rating action Johannesburg, 28 March 2025 – GCR Ratings (GCR) has affirmed Buffalo City Metropolitan Municipality’s national scale long and short-term issuer ratings to A-(ZA)…

Announcements Corporate Public Sector Rating Alerts

GCR assigns Cape Winelands District Municipality initial issuer rating of A+_(ZA), with a Stable Outlook due to its strong financial position

December 10, 2024

Tagged in: South Africa

Rating action Johannesburg, 10 December 2024 – GCR Ratings (GCR) has assigned Cape Winelands District Municipality national scale issuer ratings of A(ZA) and A1(ZA) in…