10/01/2019
WATCH: Absa PMI declines amid weak domestic demand
The September decline in Absa's headline PMI was led by a sharp drop in three of its five sub-components, namely new sales orders, purchasing inventories and business activity.
Comment, Analysis & Research
10/01/2019
Brexit and world trade frictions give Africa opportunity to strut its stuff
The new African Continental Free Trade Agreement now covers the world’s largest free trade area.
10/01/2019
East African countries top list for potential trade growth
This despite the region’s existing trade disputes and prevalence of non-tariff barriers.
10/01/2019
How South Africa can create another Capitec
Capitec has grown into the largest bank in the country
09/30/2019
It’s wrong to impose Western music business models on Africa’s fledgling industries
It’s therefore no surprise that digital music in African countries has been a topic at global music industries conferences.
09/29/2019
Qatar has potential to set up a diamond bourse: South Africa envoy
Africa is rich in gold – South Africa and most of the DRC (Democratic Republic of the Congo); we can bring it here and refine it in the country, and make it into bullions,” Moosa told reporters during a recent business meeting in Doha.
09/27/2019
Young Africans will “produce the magic” says AU chief
The Bank has invested more than $150 million in building technology hubs in Rwanda, Senegal and Cabo Verde
09/27/2019
Africa’s tech boom will save economies and ruin lives
And then we have the mobile money boom in Africa with more people now owning a mobile money account than a bank account in Sub-Saharan Africa.
09/27/2019
Tanzania: Bank of Africa Secures 22.9bn/ - Capital Injection
Our shareholders have entrusted us with a great responsibility
09/26/2019
Pushing the boundaries of African hospitality (By Filippo Sona)
According to the annual African Hotel Chain Development Pipeline Survey from W Hospitality Group, there are 75,000 branded rooms in 401 hotels in the pipeline across Africa
09/25/2019
Bill Gates and Two African Billionaires Say Family Planning is Essential to Africa’s Future
Ibrahim said there is a controversial topic that can help Africa develop sustainable communities and cities: family planning.
09/24/2019
Growth prospects dim for firms operating in Africa — PwC
The survey shows that only 27 per cent of chief executive officers in Africa are confident of their companies’ prospects of revenue growth over the next 12 months, a one per cent increase from last year.
09/20/2019
Absa Eyes Double-Digit Growth in CIB, Business Banking in Africa
Deputy Chief Executive Officer Peter Matlare spoke to Bloomberg's Manus Cranny on the sidelines of the World Economic Forum on Africa in Cape Town.
09/20/2019
Massive strike in South Africa’s banking sector is moving ahead
This will include protests across the country’s major metropoles, including some 15,000 to 20,000 protesters in Gauteng alone.
09/20/2019
South Africa: Taking Center Stage: The Rise of Compliance Due Diligence in Africa
From the commentary, it was found that many countries in Africa were considered to have opaque legislative and regulatory frameworks, less predictable legal processes, and less consistent enforcement.
09/20/2019
Black asset managers yet to sight uhuru
Only the fittest survive and normalisation of the asset management sector in SA remains slow
09/19/2019
South Africa ranks 3rd in continent's investment destinations: RMB
South Africa is followed by Kenya, Rwanda and Ghana in the RMB rankings. Other countries that make the top 10 are Cote d'Ivoire, Nigeria, Ethiopia and Tunisia.
09/19/2019
Strong economic growth draws FDI to East Africa
The EY Attractiveness Survey 2019 shows that Kenya was the biggest beneficiary of FDI in the region
09/19/2019
World Economic Forum study directs Bank of Ghana to review minimum investment capital requirement, here’s why
He added that as part of efforts to attract foreign investors, most countries in the West Africa sub-region have removed the minimum capital requirements for foreign investors.
09/18/2019
This group of South Africans went from poverty to wealth in 10 years, a new study shows
Interestingly, while half of the new black entrants were previously in the middle income group – the other half (more than 200 000 households, or half a million people) came from poorer communities, below the middle class.