12/20/2018

Landmines Kenya faces as debt piles up

“Kenya should continue to be able to service its debt. However, the risks are weighted to the downside,” the consultancy said via email.

12/19/2018

CBA-NIC merger would create third-largest bank

If successful, the merger between the two mid-tier banks would create the country’s third-largest bank by assets at Ksh444 billion ($4.44 billion) with a customer base of 38 million.

12/18/2018

Biggest South African tech stories of 2018

On the tech front there were many developments, with 5G starting to gain momentum, Netflix starting to hurt DStv, and digital banks trying to disrupt the old guard.

12/14/2018

Brighter outlook predicted for SA stocks in 2019

Claire Walsh, a personal finance director at Schroders, said there was a significant disconnect between what South Africans expected to earn in returns over the coming years and the annual rate of return that they were currently achieving.

12/12/2018

Big banks’ staff costs gulp N361.92bn in 9 months

An analysis of the results shows that Zenith Bank’s personnel costs rose by 12. 53 per cent to N51.69billion, in the first nine months of 2018, from N45.93billion in the same period last year.

12/12/2018

Kenya; the regional hub for impact investing

“We appreciate the platform provided by GSG for countries engagement to co-create policy interventions for inclusive and sustainable development through impact investment,” she added.

12/11/2018

KPMG South Africa appeals for a second chance

n an open letter published in South African newspapers, KPMG South Africa said the local unit of the auditing giant was “very different” from 18 months ago, after a period of significant introspection and change.