07/01/2022
Tunisia’s banks to record 'subdued' profits amid economic crisis, Moody's says
Intense competition for deposits will keep lenders' interest margins tight, although higher interest rates on loans will provide some relief
Comment, Analysis & Research
06/28/2022
3 things that will decide South Africa’s next big interest rate hike in July
The South African Reserve Bank is now forecast to follow up the 50bps hike in May with another 50bps rise in July.
06/28/2022
Motheo Khoaripe speaks to Sugendhree Reddy, CEO at Access Bank
Two years later, Nigerian Bank group, Access Bank bought into the financial services provider, and now trades as Access Bank South Africa.
06/27/2022
5 important things happening in South Africa today
Here’s what is happening in and affecting South Africa today
06/10/2022
EBRD, EIB and World Bank launch new report on MENA’s economy
The chart shows average GDP per capita growth for 2008-2020.
06/10/2022
Firstbank, Eloy Foundation Promote Sustainability Of Female Owned Businesses
The business shower will avail businesses of a platform to pitch their ideas to win seed grants and join the ELOY Foundation Sustainable Empowerment Programme 2022.
06/09/2022
Why Ethiopia’s local fintechs are worried
The country’s financial regulator, The National Bank of Ethiopia, is amending a decade-old Payment System law, allowing foreign investors, for the first time, to set up business in Ethiopia as digital financial services providers.
06/07/2022
One in three wealth managers expect dramatic expansion over the next three years, Oxford Risk research shows
The forecasts of expansion build on the impact of the COVID-19 pandemic in terms of on the adoption of technology across the region with lockdowns and restrictions forcing companies to find new ways of working.
06/06/2022
How much you need to save to retire comfortably in South Africa
“The proportion of people who expect to keep earning in retirement is particularly worrying considering South Africa’s alarming unemployment figures,”
06/02/2022
South Africa’s disposable income squeezed further by latest hikes: FNB
The bank cited data published in May which shows that it takes an average of five days for a middle-income consumer to spend up to 80% of their monthly salary.
05/31/2022
39% of African Banks Now Commit At Least $3 Million to Digital Transformation and Innovation Annually
The survey found that banks lack a skilled workforce, with 465 of those interviewed regarding this as the biggest threat.
05/30/2022
Dr. Alkhareif stresses the need for ADB's efforts to support economic diversification in Africa
Alkhareif indicated that Saudi Arabia is open to consider
05/26/2022
New Bright Africa research points to strong private equity growth, powered by Mauritius
Mauritius has already firmly established itself as a gateway for investment into Africa through its robust banking, taxation, fiduciary, and fund management infrastructure and mature regulatory investment fund framework.
05/26/2022
African Bank CEO on his 'audacious' goal: 'We are no longer a micro-lender'
The bank came out of curatorship in 2016, splitting itself between the "good" and the "bad" bank that formed Residual Debt Services Ltd.
05/24/2022
Banks send price hike warning to South Africa
The government could provide further support to cushion consumers from escalating petrol prices, but for now, headline inflation is likely to average 6.4% in the second quarte
05/23/2022
'They are not okay' – 1 in 5 people 'very stressed' as South Africans face cash crunch
The company's survey and interviews with focus groups show that many more people are struggling to make their money stretch to the next pay day.
05/23/2022
‘It’s not rocket science’ – top banking CEO on how to get South Africa back on track
Titi further called for the breakup of the monopolies currently held by many state-owned companies, such as Transnet.
05/23/2022
S&P upgrades South Africa’s outlook to ‘positive’
After the credit rating agency Moody’s upgraded South Africa’s outlook last month, S&P Global has now also improved its outlook to “positive” from “stable”.
05/19/2022
Q&A with Daniel Mminele on COP billions: When will the first money start to flow?
The partners – the UK, US, European Union, Germany and France – committed themselves at COP26 last November to raise $8.5bn.
05/19/2022
Mozambique Highlights Advances in Climate Change Approach
The minister was speaking Monday in Maputo during the national consultation meeting for the Stockholm +50 international climate conference, which marks five decades since the first conference on the environment was held in Sweden in 1972.