05/10/2023
The Pan South African Language Board, responsible for the translation, disagreed, saying the extra ‘N’ was incorrect on the old notes – explaining that the ‘N’ is only used when referring to a person and not an institution.
05/10/2023
The lower spreads have been achieved off the back of a tighter monetary policy stance by the Central Bank of Kenya (CBK), which raised the benchmark lending rate of the Central Bank Rate (CBR) some three times across 2022 to move the CBR from seven percen
05/08/2023
Given the persistent load shedding hitting the country, expectations are that both sectors are likely to show a decline.
05/05/2023
South Africans have had it drummed and beaten into them that load shedding is likely to get worse in the winter months ahead.
05/04/2023
According to Pienaar, the department’s plans and intentions will likely run into stumbling blocks as it explores this avenue.
04/28/2023
As real-time payments rise, so do scams, with 70 percent of South Africans saying they have received a message they thought was a scam
04/27/2023
Most major categories showed slower annual price increases, coming from a higher base.
04/27/2023
Recently, the UN revealed that the Nigerian economy will grow to three per cent in 2023 due to its commodities trade and consumer goods and services markets.
04/26/2023
The amount that’s being stolen is probably higher than 1 billion rand, he said.
04/26/2023
The report also revealed that in Nigeria, households that receive remittances invest more in agrochemicals and planting materials, and their farms have larger yields.
04/25/2023
Trade and Development Bank (TDB) had loans worth $931mln in Sudan
04/25/2023
This, according to the Bretton Wood institution is due to the country’s population growth outpacing poverty reduction
04/24/2023
This normalisation of interest rates has had a profound impact on the market since 2022, and we have been cautioning investors to expect this volatility for some time now,” she added.
04/21/2023
South Africa is beset by long-term and near-term challenges, most notably an ongoing power crisis, but we think that it’s not all doom and gloom for investors in the country.
04/18/2023
Investec’s chief economist Annabel Bishop said that the rand reacted positively to dimming sentiment for US growth and its banking system.
04/17/2023
The old adage of “too many cooks in the kitchen” is ringing true in South Africa, as the country now has three – even up to five – ministers that now govern or have some say in the energy sector and embattled power utility Eskom in
04/17/2023
Are we as bankers so blinded by the bright lights of the digital realm that we can no longer see the needs of the unbanked?
04/14/2023
Return on equity (RoE) improved to 15.6% from 14.6%, and net asset value (NAV) per share grew by 4% to 16,255 cents.
04/13/2023
84% of lenders in South Africa are pessimistic about growth, an increase from 69% last year.
04/13/2023
Analysis of lenders’ price-to-book valuations –which indicates the value that market participants attach to a company’s shares relative to its net assets