Peter Kenneth's’ Mayfair Insurance credit rating up on diverse earnings

Peter Kenneth. Mayfair is associated with the politician. FILE PHOTO | NMG 

Mayfair Insurance has received an upgrade on its credit rating from Johannesburg-based Global Credit Ratings (GCR).

GCR has said the firm, associated with 2017 Nairobi governorship candidate Peter Kenneth, exhibits a moderately strong business profile supported by well diversified earnings stream, which is partially offset by a comparatively limited competitive positioning.

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