Archives: Publication

NSIA Insurance Company Limited’s rating reflects a very strong financial profile along with demonstrated support from the parent company, NSIA Participations S.A. Offsetting these rating…

GCR placed the ratings assigned to Equites Property Fund Limited on Positive Outlook. The outlook change acknowledges Equites’ conservatively funded, high-quality logistics portfolio, which continues…

The ratings of PSG Konsult Limited are underpinned by prudent risk management, with a large quantum of cash and cash equivalents supporting a strong and…

The ratings on Ecobank Zimbabwe Limited reflect the bank’s sound financial profile relative to rated peers in the adverse operating environment. The ratings also reflect…

The ratings accorded balance Centum Real Estate Limited’s strong competitive position, conservative liquidity and adequate leverage levels against the substantial risks inherent in real estate…

In August 2020, the Top 50 Largest Lessees concentration limit was breached (40.51% vs. covenant: 40%). This was due to an Arrears element on some…

Global Alliance Seguros S.A.’s rating downgrade follows a sustained deterioration in risk adjusted capitalisation emanating from weak earnings generation. Over the review period, the insurer’s…

BW’s ratings reflect the credit profile of Capricorn Group Limited (“Capricorn”, or “the group”). BW’s contribution to group net profit after tax (FY20: 71%, excluding…

Northam’s profitability has surged over recent years, enhanced by higher platinum group metals prices and rising production volumes. The upgrade of the ratings primarily reflects…

Letshego Bank Namibia Limited is considered a core operating entity in Letshego Holdings Namibia Limited, as such, the national scale issuer ratings on the bank…