We are pleased to announce that Just Group plc has been given a credit rating of A by the Fitch ratings agency. This is a long-term issuer default rating on a global scale.
South Africans have become used to news on credit ratings being bad news – we have recently watched the credit rating of the South African government debt fall to junk status on the same global rating scale at BB+, which has dragged SA financial institutions ratings down with them. On the same global scale, large SA brands have a credit rating of BBB.
We remain focused on rethinking retirement in South Africa, delivering compelling and innovative solutions backed by a Group that is independently recognised as financially strong.