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”.
Comment, Analysis & Research
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.
05/18/2022
FNB says middle-income consumers spend up to 80% of monthly salary in 5 days
"By evaluating all aspects of their finances, consumers can stretch every rand beyond its potential. This may allow them to begin accumulating cash savings for emergencies and better plan for lifelong decisions such as a comfortable retirement,"
05/16/2022
Generational wealth and legacy transfer
In the context of generational wealth, transfer connotes the conveyance of right, title, or interest in real or personal property from one person to another, especially from the original owner, to another person linked or related to him, continuously in s
05/15/2022
AfDB Group seeks US support for $1.5 billion emergency food plan for Ghana, Africa
“We should be concerned and even alarmed about the widening food security crisis that this war is causing for hundreds of millions far beyond Eastern Europe,”
05/13/2022
Africa's future is tied to climate change
Market observers and Old Mutual stakeholders have expectations about the company’s overall role in society.
05/12/2022
The most complained-about banks in South Africa – and one that saw a dramatic turnaround
These consumers had to turn to the OBS for intervention against their banks.”
05/11/2022
SAA could remain financial burden on state despite selling major stake, Treasury warns
The emergence of the concerns came as Public Enterprises Minister Pravin Gordhan was set to appear before the public-accounts committee.
05/11/2022
Operation Vulindlela: Too early for congratulations, says business
There is a broad consensus that the business environment requires structural reforms to encourage new investment. 3
05/11/2022
President Kenyatta Calls for Enhanced Cooperation Between Kenya and the UAE
The UAE delegation was led by the Gulf nation’s Minister of State Sheikh Nahyan bin Shakhboot Al Nahyan who was accompanied by the Crown Prince’s Economic Adviser Abdul Rahman Neyadi among other UAE Government officials.
05/11/2022
EFG Hermes recognised by Financial Times
EFG Hermes was one of the only 10 African financial services companies listed on the ranking for the year and ranked 55th fastest-growing company in Africa
05/10/2022
Why an Anti-Corruption Programme is essential for African startups looking to scale up
"Through that work, what we saw as a firm was that there was a real need for international best practice standard compliance advisory and counselling for firms facing the challenge of doing business in Africa."
05/10/2022
South Africa is heading for a big interest rate hike
This is a change from the previous view for a 25bps hike at the May policy meeting.
05/06/2022
UBS Investor Sentiment: Investors concerned about the war yet stay the course with their portfolios
Investors remain confident in their region’s economy and stock market, even though many expect prolonged and increased inflation
05/04/2022
African Banker Magazine And Backbase Release The Annual African Banking Digital Transformation Report
The report shows that the pandemic has largely accelerated the shift in the banks' model as it has highlighted the many limitations they were facing.
05/04/2022
Africans torn between multiple diversified domicile portfolios
Other favorites are the Montenegro Citizenship by Investment Program, which offers citizenship in Europe and all its associated benefits
05/03/2022
How will banks perform as the economy recovers?
The surge in commodity and energy prices, for instance, could see the Bank of Uganda tighten the central bank rate to tame inflation.
04/29/2022
Today and beyond: The next generation challenges the status quo of family business
PwC’s Global NextGen Survey 2022
04/28/2022
10 African countries with the highest number of dollar millionaires, according to latest ranking
Countries from different parts of the continent are represented on the top 10 list.