12/07/2018
Big South African banks to face competition from smaller players
These include Standard Bank, Absa, FirstRand and Nedbank, all of which have rapidly growing returns on equity across the sector.
Comment, Analysis & Research
12/07/2018
Norway will invest if South Africa gets its act together
There are activities going on, there are criminal charges, but it’s much easier to get corruption in society than to get rid of it.
12/06/2018
Kenya, Tanzania banks exposed to sovereign risks
It is estimated that over 90 per cent of banks rating actions have been driven by sovereign risks that have a direct impact on their creditworthiness even if banks’ financial performance is unaffected.
12/06/2018
Don’t miss out on the sub-Saharan African investment boat
Sub-region not only offering diversification opportunities, but growth indicators outperform most markets
12/06/2018
UK to invest USD 4.5 billion in Africa
The USD 25 million is part of USD 232 million raised by the Synergy Private Equity Fund II to invest in SMEs in Nigeria and West Africa, working towards a target of USD 300 million.
12/06/2018
African countries must leverage their strengths to accelerate drive towards integration
It's time to ratify AfCFTA
12/05/2018
Sierra Leone’s ‘peace diamond’ dividend slow in coming
With no qualified teachers in the village, parents rely on their children being taught by some of the better-educated local people who can read and write, like Bamoi who finished high school.
12/05/2018
Survey Shows 27 Percent of Finance Departments Expect to Deploy Artificial Intelligence by 2020
Despite rapidly growing interest in AI to improve financial planning and analysis (FP&A), only a few organizations are currently using it successfully
12/05/2018
South Africa’s richest man reveals how he built his wealth
When asked about how his family’s empire was built up, Rupert said: “Obviously there needs to be an opportunity in the market. It’s not good trying to do something for which there is no market.”
12/04/2018
Middle-income South Africans use up their entire salary less than five days after being paid
According to new data from First National Bank's Retail segment, middle-income South Africans spend their monthly pay within a week of receiving it.
12/03/2018
Kenya tops in African banks bad loan study
Out of 11 African countries profiled by Moody’s in the report, only Angola, Ghana and Democratic Republic of Congo have a higher ratio than Kenya, at about 25, 22 and 18 percent respectively.
12/03/2018
Optimism expressed for Zambia’s efforts to combat the effects of climate change
Since Zambia’s independence 54 years ago, government has borne the financial burdens of shoring up the operations of the electricity supply company, ZESCO.
12/03/2018
Strengthening Economic Recovery Process in Nigeria
After a wave of scathing criticism that trailed some of our past policies, many of these measures are today widely applauded as brilliant and conscientious actions.
12/03/2018
Big banks don't cry - but new research shows maybe they should
If consumers were to update their relationship status with the finance industry on social media, it would no doubt say - it's complicated.
12/02/2018
Kenya tops in African banks bad loan study
Latest Central Bank of Kenya (CBK) data shows the ratio of bad loans to total loan book among Kenyan banks stood at 12.3 percent at the end of October, having come down from 12.7 percent in August largely due to improved recovery efforts on the trade, per
11/30/2018
Banks exposed to public debt pile, Moody’s warns
Banks have in the last two years been ramping up bonds in reaction to the capping of interest rates on customer loan at four per cent above the prevailing Central Bank Rate.
11/30/2018
Three subsidiaries of Pan-African banking group Oragroup win The Banker "Bank of the year award"
The three subsidiaries of the Oragroup Banking Group, in Burkina Faso, Senegal and Togo won the award for best bank in their respective countries. This award is presented by The Banker magazine, a publication of the Financial Times group.
11/30/2018
South Africa Has Neglected Financial-Market Conduct, SARB Says
Focus of regulators has mainly been on prudential regulation
11/29/2018
McKinsey says fintechs threat to Kenyan banks
McKinsey notes fintechs are increasingly influential in digital and mobile payments and credit, having raised over Sh30 billion in capital and gained over 20 million customers.
11/29/2018
These are the top hobbies that SA's wealthy people get up to
As shown above, the golf is currently the most popular pastime for HNWIs in South Africa followed by art collecting and then cycling and mountain biking.