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Tag: Kenya

Kenya related announcements

Announcements Corporate Rating Alerts

GCR withdraws the issuer ratings on Kenya Kazi Limited and GardaWorld Kenya Limited

Feb 2, 2023
Tagged in: Kenya
Rating Action Johannesburg, 02 February 2023 – GCR Ratings (“GCR”) has withdrawn the national scale long-term and short-term Issuer ratings of BBB(KE) and A3(KE),assigned to…
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Announcements Corporate Rating Alerts

GCR has upgraded GardaWorld Kenya Limited and Kenya Kazi Limited’s long-term issuer ratings to BBB(KE) from BB(KE), due to very strong financial support from its parent

Jan 31, 2023
Tagged in: Kenya
Rating Action Nairobi, 31 January 2023 – GCR Ratings (“GCR”) has upgraded the national scale long-term and short-term Issuer ratings on Kenya Kazi Limited to…
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Announcements Insurance

GCR places Jubilee Life Insurance Limited’s national scale financial strength rating on ‘Review Extension’

Jan 25, 2023
Tagged in: Kenya
Rating action Johannesburg, 25 January 2023 – GCR Ratings (“GCR”) has placed Jubilee Life Insurance Limited’s (“Jubilee Life Kenya”) national scale financial strength rating of…
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Announcements Corporate Rating Alerts

GCR places Kenya Kazi Limited and GardaWorld Kenya Limited’s national scale Issuer ratings on “Review extension”

Dec 15, 2022
Tagged in: Kenya
Rating action Nairobi, 15 December 2022 – GCR Ratings (“GCR”) has placed Kenya Kazi Limited and GardaWorld Kenya Limited’s national scale long and short-term issuer…
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Announcements Corporate Public Sector Rating Alerts

GCR withdraws County Government of Makueni’s Long and Short-term national scale of BBB-(KE)(WD)/A3(KE)(WD) respectively without review

Dec 7, 2022
Tagged in: Kenya
Rating action Nairobi, 7 December 2022 – GCR Ratings (“GCR”) has withdrawn the ratings on County Government of Makueni’s long and short-term public national scale…
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Announcements Corporate Public Sector Rating Alerts

GCR withdraws County Government of Kisumu’s Long and Short-term national scale of BB(KE)(WD)/B(KE)(WD) respectively without review

Dec 7, 2022
Tagged in: Kenya
Rating action Nairobi, 7 December 2022 – GCR Ratings (“GCR”) has withdrawn the ratings on County Government of Kisumu’s long and short-term public national scale…
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Announcements Corporate Public Sector Rating Alerts

GCR withdraws County Government of Bungoma’s Long and Short-term national scale of BBB-(KE)(WD)/A3(KE)(WD) respectively without review

Dec 7, 2022
Tagged in: Kenya
Rating action Nairobi, 7 December 2022 – GCR Ratings (“GCR”) has withdrawn the ratings on County Government of Bungoma’s long and short-term public national scale…
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Announcements Insurance Rating Alerts

GCR affirms ZEP Re’s national scale financial strength rating of AAA(KE), Outlook Stable.

Nov 24, 2022
Tagged in: Kenya
Rating action Nairobi, 24 November 2022 – GCR Ratings (‘GCR’) has affirmed ZEP-RE’s (PTA Reinsurance Company), (‘Zep Re’ or ‘the ‘entity’) national scale financial strength…
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Announcements Insurance Rating Alerts

GCR revises APA Insurance Limited’s national scale financial strength rating to AA-(KE) from A(KE) on criteria change, Outlook Stable.

Nov 24, 2022
Tagged in: Kenya
Rating Action Nairobi, 23rd November 2022 – GCR Ratings (“GCR”) has revised APA Insurance Limited’s (“APA”) national scale financial strength rating to AA-(KE) from A(KE),…
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Announcements Financial Institutions Rating Alerts

GCR affirms national scale issuer ratings of Diamond Trust Bank Kenya Limited at A+(KE)/A1(KE) reflecting its strong capital and Tier 1 status in the Kenyan Banking sector.

Nov 21, 2022
Tagged in: Kenya
Rating Action Nairobi, 21 November 2022 – GCR Ratings (“GCR”) has affirmed Diamond Trust Bank Kenya Limited’s long and short-term national scale issuer ratings of…
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