03/01/2016
The near mania that once flabbergasted even emerging market specialists is gone. Now many of the firms that grew to serve investors in the likes of China, Brazil or South Africa are slashing their businesses and jobs, with more cuts to come.
02/29/2016
Based on its 2015 migration survey, New World Wealth estimates that SA lost just over 950 millionaires to emigration in 2015.
02/29/2016
This was despite sub-Saharan Africa’s top two economies facing economic slowdown and energy challenges.
02/29/2016
Last year was a particularly bad one for South African millionaires, according to the latest South Africa 2016 Wealth Report by New World Wealth. By Carin Smith.
02/26/2016
The report found that this emigration was due mainly to poor economic conditions, with the rand depreciating by about 25 percent against the dollar.
02/26/2016
Port Louis is ranked 83rd in the world in quality of living and 59th globally in personal safety.
02/26/2016
The buyout company owns an interest in Consol Glass Ltd. and a share in cinema-chain owner Primedia Ltd. among its 10 billion rand ($639 million) in assets.
02/26/2016
A look at contributions to retirement savings and tax-free savings accounts, as well as endowment policies and Capital Gains Tax.
02/25/2016
The Hurun Global Rich List 2016 ranked 2188 billionaires from 68 countries, up 99 from last year, in another record-breaking year for the world’s billionaires.
02/25/2016
The rand has gained 2.5% against the dollar since the beginning of the year to trade at 15.2232 as of 23:15 in Johannesburg on Tuesday.
02/25/2016
Improving executive portfolios by raiding competitors seems to be the latest trend in the banking sector
02/25/2016
African trade represents just 2% of the global total, and intra-African trade makes up 12% of the continent’s activity, compared to 60% in Europe and 35% in Asia.
02/23/2016
The group, which operates as Stanbic in Zambia, has also forecast that Africa’s growth will linger in the range of four and five percent.
02/23/2016
In 2012, when he declared that Africa “could be the emerging-market story of the next decade
02/22/2016
Global themes from last year have returned with a vengeance.
02/22/2016
The issue of economic slowdown in China is more a matter of perception than reality.
02/19/2016
Impact funding can deliver so much more, so why isn’t it?
02/19/2016
The bank said expansion of production will be slow in the first and second quarters of this year
02/19/2016
Developing countries are bracing for a major slowdown this year
The real worry for the global economy is not just falling commodity prices but also huge capital outflows, which hold serious knock-on effects for growth
02/18/2016
According to Finscope survey of 2013, financial services had reached to 76 per cent of the population by 2013 from 44 per cent in 2009