Egypt boosted by reforms
Egypt’s long-term foreign-currency issuer default rating (IDR) has been affirmed at B+ by Fitch Ratings, on the back of its track record of fiscal and…
Risk
Fairfax portfolio company affirmed
Fairfax Financial Holdings South Africa-based financial services portfolio company’s national scale financial strength rating has been affirmed at A(ZA),…
Transaction Capital rating cut down
Transaction Capital’s long-term international scale rating has been pulled down to B from B+, by GCR Ratings (GCR). The downgrade of the South Africa-based…
Tanzania insurer maintains rating
Jubilee Insurance Company of Tanzania’s (JICT) national scale financial strength rating has been kept at A(TZ), with as stable outlook by GCR Ratings. The…
Atlas Mara company keeps rating
Atlas Mara’s Zimbabwe-based financial services portfolio company’s national scale long term and short-term issuer ratings have been kept at BB+(ZW) and…
SA roads agency rating hit
South African National Roads Agency’s (SANRAL) long-term international scale issuer rating has been pulled down to B+ from BB- by GCR Ratings. The downgrade…
Zimbabwe bank keeps rating
Stanbic Bank Zimbabwe’s national scale long term issuer and short-term issuer ratings have been affirmed at AA(ZW) and A1+(ZW) respectively, by GCR ratings.…
Goldstar rating affirmed
Goldstar Insurance Company’s national scale financial strength rating has been affirmed at A+(UG), with a stable outlook by GCR ratings. GCR has affirmed the…
Retail Capital lowered
Retail Capital’s international scale long and short-term issuer ratings have been pulled down to B- from B, with a stable outlook by GCR Ratings. The…
Kenya cut on COVID-19 concerns
Kenya’s outlook has been dropped from stable to negative by S&P Global Ratings on concerns of the impact of the coronavirus disease 2019 (COVID-19)…