Namibia – GCR Ratings

GCR affirms Oryx Properties Limited’s national scale ratings at BBB+_(NA) / A2_(NA). The Outlook is Stable

April 29, 2026

Tagged in: Namibia

Johannesburg, 29 April 2026 – GCR Ratings (GCR) has affirmed the national scale long and short term Issuer ratings on Oryx Properties Limited at BBB+(NA)…

Announcements Market Notifications Rating Alerts Research

GCR publishes updated Country Risk Scores

December 12, 2025

Tagged in: Eswatini | Germany | Namibia | United Kingdom

Summary Johannesburg, 12 December 2025: GCR Ratings (GCR) has published updates to Country Risk Scores listed below. The Country Risk Scores are available for download…

Announcements Financial Institutions Rating Alerts

GCR Affirmed First National Bank of Namibia Limited Unsolicited National Scale Long Term Issuer Ratings of AA+_(NA) and A+_(ZA); Stable Outlook.

October 24, 2025

Tagged in: Namibia | South Africa

Rating action Johannesburg, 24 October 2025 – GCR Ratings (GCR) has Affirmed First National Bank of Namibia Limited’s Namibian National Scale Long and Short-Term Issuer…

Announcements Financial Institutions Rating Alerts

GCR upgrades Bank Windhoek’s Namibian and South African issuer long-term ratings to AA+_(NA) and A+_(ZA) respectively and Capricorn Group’s Namibian long-term issuer rating to AA_(NA); Outlooks Stable

September 30, 2025

Tagged in: Namibia | South Africa

Rating action Ebene, 30 September 2025 – GCR Ratings (GCR) has upgraded Bank Windhoek Limited’s Namibian long-term national scale issuer rating to AA+(NA) from AA(NA).…

Announcements Financial Institutions Rating Alerts

GCR affirms the ratings of Letshego Holdings (Namibia) Limited, Letshego Bank Namibia Limited and Letshego Micro Financial Services (Namibia) (Pty) Limited, with a Stable Outlook.

August 28, 2025

Tagged in: Namibia

Rating action Johannesburg, 28 August 2025 – GCR Ratings (GCR) has affirmed the national scale long and short-term issuer ratings of A+(NA) and A1(NA) respectively,…

Announcements Insurance Rating Alerts

GCR affirms Namibia National Reinsurance Corporation Limited’s international and national scale financial strength ratings of B+ and AA-_(NA) respectively; Outlooks Stable

August 20, 2025

Tagged in: Namibia

Rating action Johannesburg, 20 August 2025 – GCR Ratings (GCR) has affirmed Namibia National Reinsurance Corporation Limited’s (NamibRe or the reinsurer) international scale financial strength…

Announcements Market Notifications Rating Alerts Research

Navigating the Evolving Risk Landscape: GCR’s Insights on Sub-Saharan African Reinsurers

May 26, 2025

Tagged in: Botswana | Namibia | South Africa | Zimbabwe

Summary Johannesburg, 26 May 2025 – GCR Ratings (“GCR”) has published a research report on Navigating the Evolving Risk Landscape: GCR’s Insights on Sub-Saharan African…

Announcements Corporate Rating Alerts

GCR upgrades Oryx Properties Limited’s national scale ratings to BBB+_(NA) / A2_(NA) on sound strategic execution and financial management. The Outlook was revised to Stable

April 24, 2025

Tagged in: Namibia

Rating action Nairobi, 24 April 2025 – GCR Ratings (GCR) has upgraded the national scale long-term and short-term Issuer ratings on Oryx Properties Limited to…

Announcements Insurance Rating Alerts

GCR places Namibia National Reinsurance Corporation Limited’s ratings on ‘Ratings Watch Evolving’ amidst ongoing finalisation of audited accounts under IFRS17.

February 28, 2025

Tagged in: Namibia

Rating action Johannesburg, 28 February 2025 – GCR Ratings (GCR) has placed Namibia National Reinsurance Corporation Limited’s (NamibRe or the reinsurer) international scale financial strength…

Announcements Insurance Rating Alerts

GCR Upgrades FMRE Property & Casualty (Proprietary) Limited’s international scale and national scale financial strength ratings; Outlooks Stable

December 17, 2024

Rating action Johannesburg, 17 December 2024 – GCR Ratings (GCR) has upgraded FMRE Property & Casualty (Proprietary) Limited’s (FMRe Botswana) international scale financial strength rating…