01/28/2019
Moroccan banks have branches in 20 African countries, mostly in West Africa but some banks such as BMCE and Attijariwafa bank have opened branches in non-French speaking countries.
01/24/2019
Reserve Bank says this would allow for flexibility in dealing with price shocks.
01/24/2019
“It was particularly encouraging to see the increasing influence of women in leadership roles in these fast-growing companies playing a pivotal role in shaping the future of African business,” he said.
01/23/2019
The Commercial Bank of Africa has also expressed plans to merge with National Industrial Credit (NIC) Bank
01/23/2019
Much of the lira's depreciation has passed through into higher inflation.
01/23/2019
ESI spoke with Eric Bruggeman – CEO of SACEEC – to explore the export landscape for South African businesses.
01/23/2019
Beijing is propping up corrupt regimes but it’s in our interests to foster stable democracy
01/22/2019
The projected millionaire growth pace is the same as that of the world’s second-largest economy, China, which is tied with Kenya at number six globally.
01/22/2019
In Kenya, these super rich people will have increased in their number by 9.8% in 2023
01/21/2019
South Africa was placed as the most developed nation on the continent, with four of Africa’s ten richest cities.
01/21/2019
The World Wealth and Income Database has updated its profile for South Africa, showing how the average salary in the country has changed since 1946, and up to 2017.
01/21/2019
If the world’s richest one per cent paid an additional 0.5 per cent tax on their wealth it would raise an estimated $418 billion a year. This would be enough to educate every child currently not in school and provide healthcare that could prevent th
01/18/2019
The shilling was also stable Thursday, exchanging at an average of 101.70 to the dollar at 2.30pm.
01/17/2019
The draft legislation, however, proposes the retention of the four percentage points ceiling on loan charges above the CBK base rate for “low risk” borrowers.
01/17/2019
How will China, US and other markets impact on SA market performance?
01/16/2019
Wealth managers in Africa typically target individuals with more than $500 000 in investable assets.
01/16/2019
“Absa is sitting on a balance sheet of over a trillion rand ($72 billion) – we are definitely able to take smart, additional risk on that.”
01/15/2019
In contrast, in a positive scenario where Eskom stress dropped back to 2014 levels, modelling pointed to a 4.5% stronger rand and a 55 basis point improvement in ten-year government yields.
01/15/2019
Our goal was simple: to become the best insurance company in Africa.
01/15/2019
World Bank expects growth in emerging market and developing economies to lose momentum