Credit Rating Report: AECI Limited (2021-07)
AECI’s strong business profile is underpinned by leading positions in commercial mining explosives (where it is one of the five largest global suppliers) and chemicals…
Credit Rating Report: Rand Merchant Bank Nigeria Limited
RMBN’s strong capitalisation is a key rating strength, with capital adequacy ratio (“CAR”) consistently exceeding the regulatory threshold by a significant margin. As at FY20,…
Monitoring Dashboard: Commissioner Street No. 10 (RF) Ltd
The Dashboard was updated in July 2021 and is part of GCR’s monitoring process and does not constitute rating action or rating reports. GCR will update…
Credit Rating Report: Absa Prudential Money Market Fund
The rating of Absa Prudential Money Market Fund reflects the weighted average credit quality (‘WACQ’) of the asset portfolio, low maturity/duration risk, strong manager track…
Credit Rating Report: iMpumelelo CP Note Programme 1 (RF) Ltd Series 1 Notes
The iMpumelelo Programme is a hybrid Serialised Note Programme that is fully supported by Absa Bank Ltd. The rating accorded to the abovementioned Notes relates…
Monitoring Dashboard: Nitro Securitisation 6 (RF) Limited
The Dashboard covers the period from August 2018 to May 2021 and is part of GCR’s performance monitoring process and does not constitute rating action…
Credit Rating Report: Sappi Southern Africa Limited
GCR considers Sappi Southern Africa Limited an essential operating entity of Sappi Limited. This reflects Sappi’s 100% ownership of the company, operational integration, and SSA’s…
Monitoring Dashboard: MW Asset Rentals (RF) Ltd
The Dashboard covers the period from April 2020 to April 2021 and is part of GCR’s performance monitoring process and does not constitute rating action…
Monitoring Dashboard: Fox Street 7 (RF) Ltd
The Dashboard covers the period from February 2020 to May 2021 and is part of GCR’s performance monitoring process and does not constitute rating action…
Credit Rating Report: Stanbic IBTC Bank PLC
Stanbic IBTC is adequately capitalised, with capital adequacy ratio (“CAR”) consistently maintained well above the regulatory minimum of 10% over the review period. Similarly, GCR’s…