03/30/2016
Debt demon looms again over Africa
An IMF-World Bank programme launched in 1996 has to date approved $76 billion (68 billion euros) in external debt relief for 36 of the world's heavily indebted poor nations, of which 30 are in Africa.
03/30/2016
An IMF-World Bank programme launched in 1996 has to date approved $76 billion (68 billion euros) in external debt relief for 36 of the world's heavily indebted poor nations, of which 30 are in Africa.
03/29/2016
Next week marks the culmination of one of the most challenging projects that our financial regulators have yet taken on: the official relaunch of African Bank as an independent, standalone entity.
03/29/2016
Governmental organizations will continue to maintain and promote a private cloud deployment due to regulatory requirements and a conscious decision to protect confidentiality and integrity of classified information.
03/28/2016
The sector has risen from a few hundred million dollars at the turn of the century to more than $4bn at the end of 2015.
03/23/2016
Wegagen Bank President Araya G. Egziabher looks at this dynamic sector and discusses how private banks will be catalysts in attracting foreign investment.
03/23/2016
The development financing role of multilateral development banks in emerging and developing countries is becoming more prominent and should be bolstered by the New Development Bank BRICS which officially opened its doors recently.
03/22/2016
Fidelity Commercial Bank has received Sh1.9 billion from Duet Private Equity for regional expansion and to shore up the bank’s core capital.
03/20/2016
Aiming to "survey the scientific underpinnings of measuring and understanding subjective well-being," the report, now in its fourth edition, uses six components to rank 157 countries by happiness levels.
03/18/2016
In the recent report Robo-Advisors: The Hype, the Reality and the Future, published on February 29th by Gartner, Chuck Thomas notes the difference between digitization and digitalization applied to Wealth Management services. Our vision on what the future
03/17/2016
Kenyans are paying more to access banking services, a new survey shows.
03/17/2016
This means that banks have become more willing to lend to businesses in October 2015 as compared to June 2015.
03/17/2016
North African countries such as Algeria, Egypt and Morocco all rank high on the list despite recent instability
03/16/2016
With the economy threatened with recession and inflation above the 3 percent to 6 percent target, economists and traders are divided on Thursday’s interest rate move.
03/16/2016
To maximise the opportunities in emerging market debt, Van Eck takes an unconstrained approach to EM hard currency, EM local currency, and EM corporate debt.
03/16/2016
The rand touched two-week lows against the dollar after Tuesday's 2.6 percent fall
03/14/2016
Emerging market investment has reversed in the past few years, driven by declining oil and commodity prices, the slowdown in China and volatile political climates.
03/14/2016
Standard & Poor’s (S&P) and Fitch are due to hold their next ratings review on South Africa in June.
03/14/2016
The South African rand is also close to a 2016 high.
03/11/2016
According to Mr Shirley 24 per cent of Africa's Super-rich plan ditching the continent in the next decade for personal security, political issues and to access higher quality of education, health and life.
03/11/2016
Executives were upbeat that wealth creation in Africa will accelerate despite risks associated with insecurity, global inflationary pressures, climate change and political uncertainty.