11/22/2022
Nigeria’s N500TRN Insurance Industry
This implies that if potential customers can appreciate the true value of the sector, it will automatically lead to more widespread acceptance. A
Comment, Analysis & Research
11/22/2022
Signature Bank eyes over 40m unbanked Nigerians
Statistics has it that more than 42 million people in Nigeria have no access to financial services.
11/21/2022
What Top Chief Executives in Nigeria Earn
Obinna Chima highlights findings from a new report on the compensation of top chief executive officers in the country
11/21/2022
Capitec ‘hit squad’ scored millions – and is getting away with it
Viceroy gained some prominence and credibility through its reports on Steinhoff
11/21/2022
Big Four fees push businesses to mid-size accounting firms
Ms Danasamy added a majority of the 63 firms listed on the Nairobi Securities Exchange are audited by major accounting firms.
11/21/2022
On Global Women’s Entrepreneurship Day, Lionesses of Africa’s Business Confidence Report celebrates African women entrepreneurs’ optimism about business
There was a sizable drop off in access to Covid-19 business support programs and other government grants compared with the previous year.
11/18/2022
African Tech: 54Gene, Swvl, Wave… Start-ups are laying off staff at every turn
Its fall has been as meteoric as its rise.
11/16/2022
Africa still prefers cash when it comes to payments
Of the 1 357 respondents who participated in the survey between September and October 2022, a third said cash was their preferred payment method.
11/16/2022
BoG has exceeded its emergency financing support to government – Minority Leader
In a related development, the Deputy Ranking Member on the Finance Committee, Isaac Adongo claimed that the government has borrowed more than 70 billion Ghana cedis illegally from the Central Bank which he says is a contributory factor to the cedi’s
11/16/2022
Green hydrogen could boost GDP up to 12% in six African countries
Africa Green Hydrogen Alliance identifies opportunities for Egypt, Kenya, Mauritania, Morocco, Namibia, and South Africa
11/15/2022
NGX opens week negative with N76 billion loss
Consequently, the market capitalisation of equities depreciated by N76 billion to close at N23.866 trillion from N23.942 trillion.
11/14/2022
African Development Bank Country Managers Hold Discussions With Officials From Southern Africa Development Community Officials
The discussion also shed light on how the Bank can assist SADC member countries to mobilise resources for regional projects using various financing instruments of the Bank.
11/09/2022
Africa feels weight of global crisis
Unprecedented price surges mean that for many people across the world, the food they could pay for yesterday is no longer affordable today.
11/07/2022
Power crisis likely to worsen over next five years, Eskom report shows
A new report shows that Eskom’s energy supply gap could increase by up to 40% over the next five years
11/04/2022
Bank of Mozambique Warns that Country “May Continue to Experience Inflationary Pressure”
Rogério Zandamela said that the BoM has been taking several measures to maintain the stability and integrity of the national financial system and expand financial services in the country.
11/03/2022
No room for slips as debt redemptions loom, SA warned
Substantial amounts of debt will mature over the next few years, Standard Chartered warns
11/02/2022
South Africa Still Has Space to Raise Rates - Central Bank
Inflation expectations, for the most part, are proving to be more responsive to current inflation outcomes than we would like, and less anchored around the midpoint of our target.
10/31/2022
‘Ghana needs to take bold, difficult decisions’
The Vice President commended Standard Chartered Bank for initiating and sustaining the fintech festival, to discuss digital innovation to promote the banking and financial industries as well as promote financial inclusion in the country.
10/28/2022
Nigeria has enough resources to resolve its debt — Access Bank Chair
Awosika called for the need to change the narrative about Nigeria in the international community
10/28/2022
The average take home pay in South Africa right now
While it would appear that the average nominal salary has stabilised somewhat in the past two months, it has also become evident that salaries have lagged behind the average headline inflation in 2022.