South Africa – GCR Ratings

GCR places Bryte Insurance Company Limited’s national scale financial strength rating of A_(ZA) on Positive Outlook due to sustained improvement in earnings

June 11, 2025

Rating action Johannesburg, 11 June 2025 – GCR Ratings (GCR) has affirmed Bryte Insurance Company Limited’s (Bryte Insurance or the insurer) national scale financial strength…

Announcements Financial Institutions Rating Alerts

GCR affirms Nedbank Limited’s unsolicited international and national scale issuer ratings of BB/B and AA_(ZA)/A1+_(ZA) respectively with Stable Outlooks.

June 10, 2025

Tagged in: South Africa

Rating action Johannesburg, 10 June 2025 – GCR Ratings (GCR) has affirmed the unsolicited international scale long and short term issuer ratings of Nedbank Limited…

Announcements Insurance Medical Scheme Rating Alerts

GCR affirms Bankmed’s national scale financial strength rating of AA+_(ZA); Outlook Stable

June 3, 2025

Tagged in: South Africa

Rating action Johannesburg, 03 June 2025 – GCR Ratings (GCR) has affirmed Bankmed Medical Scheme’s (Bankmed or the Scheme) national scale financial strength rating of…

Announcements Insurance Medical Scheme Rating Alerts

GCR places Bankmed Medical Scheme’s national scale financial strength rating of AA+_(ZA) on review extension

May 30, 2025

Tagged in: South Africa

Rating action Johannesburg, 30 May 2025 – GCR Ratings (GCR) has placed Bankmed Medical Scheme‘s (Bankmed or the Scheme) national scale financial strength rating of…

Announcements Fund Rating Rating Alerts

GCR affirms Ashburton Core Plus Income Fund’s national scale of AA_(ZA)(f) with a Stable Outlook.

May 30, 2025

Tagged in: South Africa

Rating action Johannesburg, 30 May 2025 – GCR Ratings (GCR) has affirmed Ashburton Core Plus Income Fund’s national scale fund rating of AA(ZA)(f), with a…

Announcements Fund Rating Rating Alerts

GCR affirms Ashburton Money Market Fund’s national scale fund rating of AA+_(ZA)(f) with a Stable Outlook.

May 30, 2025

Tagged in: South Africa

Rating action Johannesburg, 30 May 2025 – GCR Ratings (GCR) has affirmed Ashburton Money Market Fund’s national scale fund rating of AA+(ZA)(f), with a Stable…

Announcements Fund Rating Rating Alerts

GCR affirms the Ashburton Stable Income Fund a national scale fund rating of AA_(ZA)(f) with a Stable Outlook.

May 30, 2025

Tagged in: South Africa

Rating action Johannesburg, 30 May 2025 – GCR Ratings (GCR) has affirmed Ashburton Stable Income Fund’s national scale fund rating of AA(ZA)(f), with a Stable…

Announcements Fund Rating Rating Alerts

GCR affirms Momentum Money Market Fund national scale fund rating of AA+(ZA)(f); Stable outlook

May 30, 2025

Tagged in: South Africa

Rating action Johannesburg, 30 May 2025 – GCR Ratings (GCR) has affirmed Momentum Money Market Fund’s national scale fund rating of AA+(ZA)(f), with a Stable…

Announcements Corporate Rating Alerts

GCR affirms South African National Roads Agency SOC Limited’s unsolicited national and international scale ratings of A-_(ZA)/B+ on significant Government support.

May 29, 2025

Tagged in: South Africa

Rating action Johannesburg, 29 May 2025 – GCR Ratings (GCR) has affirmed the unsolicited national scale issuer ratings of South African National Roads Agency SOC…

Announcements Insurance Rating Alerts

GCR places The Hollard Insurance Company Limited’s rating on ‘Rating Watch Evolving’ amidst ongoing finalisation of audited accounts under IFRS 17

May 29, 2025

Tagged in: South Africa

Rating action Johannesburg, 29 May 2025 – GCR Ratings (GCR) has placed The Hollard Insurance Company Limited’s (THIC) national scale financial strength rating on Rating…