09/30/2022
New data shows wealthy South Africans under financial strain
The continued quarter-on-quarter decline in Q1 2022 indicates that consumers are becoming increasingly exposed to the rising cost of living, said Experian.
Comment, Analysis & Research
09/28/2022
There’re Too Many Small Players In Nigeria’s Insurance Industry – CEO, Sanlam Pan African, SPA Life
Recently there was a transaction with FirstBank, they sold their stake in the business, we had the right to buy and we bought it up.
09/27/2022
Salary delay for Tshwane metro staff resolved, says city as it blames bank
Employees were assured this had been resolved.
09/27/2022
Appetite for Islamic banking concepts ticks up in Africa
A mix of high-interest rates and poor banking facilities is seen as contributing to non-Muslims entering the market for interest-free Islamic banking services.
09/26/2022
How your insurance is likely to change in South Africa
KPMG pointed to research by Cox Automotive that found that, in general, the priority of car ownership is becoming less important.
09/26/2022
PenOp urges organisations to prioritise emotional intelligence
The association said in a statement that the ever-changing and constantly evolving work environment placed various levels of stress on individuals and organisations.
09/22/2022
Islamic banking in Africa to gain foothold over next decade despite regulatory challenges: Moody’s
Islamic banking assets constitute only 2% of global Shariah-compliant banking assets
09/22/2022
Ecobank: 5 reasons new CEO Jeremy Awori will be walking a tight rope
Nonetheless, having had stints in Standard Chartered and Absa, much more ring-fenced brands, Awori will now be walking a tightrope in Ecobank, for five classical reasons.
09/22/2022
Out of Africa - how Standard Bank has driven transformation around the Salesforce platform across 18 countries
The bank is using nearly all of the offerings in the Salesforce portfolio, with a couple of exceptions in the shape of the recently announced Net Zero Cloud and, more surprisingly, Slack.
09/16/2022
Concerns grow as Nigeria's inflation surges to 17-year high
The rise in inflation was driven by “a disruption in the supply of food products, an increase in import cost due to the persistent currency depreciation and a general increase in the cost of production,” the statistics agency said.
09/14/2022
New Ecobank CEO to pursue stabilisation and profits, says group chairman
The newly appointed chief executive officer of pan-African bank Ecobank, Jeremy Awori will focus on increasing the bank's profitability, reducing costs and pursuing the bank's stabilisation in Nigeria, its largest single market.
09/13/2022
Global inflation pushes millions of Africans back into poverty
People across continent struggle to cope with impact of weak currencies and high prices
09/13/2022
JPMorgan says soft landing, not recession, base case for global economy
Positive sentiment has returned to markets in recent days amid hopes that inflation may have peaked, at least in the US.
09/12/2022
Inflation in Mozambique Hits Record Highs Again, Reaching 12.1%
The rise since the start of the year is in line with the global inflationary climate caused by the war in Ukraine and rising fuel prices.
09/12/2022
Remittances resilient despite inflationary pressures – WorldRemit
Kenyans living and working abroad adjusting lifestyle to support families back home.
09/12/2022
Soft life: How to flex like Tony Elumelu
He is further seen entering and then emerging from what looks like a Maybach luxury car with a few staff scrambling to kotow.
09/09/2022
How Kenya's unemployment rate rose highest in East Africa
In Uganda unemployment rose from 1.9 percent to 2.9 percent while in Rwanda the rate rose from 1.2 percent to 1.6 percent.
09/08/2022
The future of payments in Africa
This article presents insights from African experts along with our analysis of what is driving the growth of e-payments on the continent
09/07/2022
South Africa’s cost-of-living crisis has worsened over the past 10 years
The economy grew 0.2% from a year earlier, compared with a forecast of 0.6% growth in a separate survey.
09/07/2022
Banks’ Borrowing from CBN Down 47% as Analyst Predicts Continuous Decline
The financial data by CBN revealed that banks’ borrowing through the CBN’s SLF dropped by 27.4 per cent MoM to N1.06trillion in August