Public Sector – Page 2

GCR affirms King Cetshwayo District Municipality’s National Scale Issuer Ratings of A_(ZA)/A1_(ZA); Outlook Stable

May 18, 2021

Rating Action Johannesburg, 18 May 2021 – GCR Ratings (“GCR”) has affirmed the national scale Issuer ratings assigned to King Cetshwayo District Municipality at A(ZA)…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Buffalo City Metropolitan Municipality’s National Scale Issuer Ratings of A_(ZA)/A1_(ZA), Outlook Stable

Mar 31, 2021

Tagged in: South Africa

Rating Action Johannesburg, 31 March 2021 – GCR Ratings (“GCR”) has affirmed the national scale long and short term issuer ratings assigned to Buffalo City…

Announcements Corporate Public Sector Rating Alerts

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

Tagged in: South Africa

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Rating Action Johannesburg, 6 October 2020 – GCR Ratings (“GCR”) has withdrawn Nkangala District Municipality’s (“NDM”) national scale long term and short-term issuer ratings for…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

Announcements Public Sector Rating Alerts

GCR affirms Buffalo City Metropolitan Municipality’s National Scale Issuer Ratings of A_(ZA)/A1_(ZA), Outlook Stable

Nov 21, 2019

Tagged in: South Africa

Rating Action Johannesburg, 21 November 2019 – GCR Ratings (“GCR”) has affirmed the national scale long term and short ratings assigned to Buffalo City Metropolitan…