06/30/2015

Richest banks in South Africa

South Africa’s banks continue to dominate Africa’s banking sector, despite challenges acting against the local currency.

06/26/2015

Hilton heads hotel development boom in Africa

Hot on its heels is Carlson Rezidor, with 6,953 new rooms in development spread across 32 hotels. Marriott is in third place with 6,412 rooms in its pipeline spread over 36 new properties, 22% up on 2014.

06/26/2015

Downgrade threat from SA’s own goals

SOUTH African banks face increased bad-debt levels and costs because of the country’s "own goals", including power cuts and the threat of a ratings downgrade, according to the head of First National Bank (FNB), Jacques Celliers.

06/24/2015

Can Africa fund its own growth?

DESPITE witnessing exceptional growth in development finance in recent years, Africa is still faced with the arduous task of mobilising adequate resources to fund its growth and future transformation agenda.