08/05/2020
Liberty reports R2.2 billion loss as it prepares for more Covid-19 death claims
Death and disability payments made by Liberty in the past six months increased by 5.1% to R5.3 billion.
08/05/2020
Death and disability payments made by Liberty in the past six months increased by 5.1% to R5.3 billion.
08/05/2020
We expect to see a marked economic slowdown through this year and into 2021.
08/04/2020
The surge has come despite President Cyril Ramaphosa having introduced some of the world’s strictest lockdown measures in late March, which were intended to buy hospitals time and were gradually eased out of economic necessity.
08/04/2020
The private sector is the only sector that creates value, despite the rhetoric from politicians looking for someone or something to blame and the incessant think pieces from academics decrying the evil capitalist system while enjoying its trappings.
08/04/2020
Hunker, who had worked at JPMorgan for 16 years, will join Ernst & Young and lead the professional services firm's push in advising boards on shareholder enragement, three people familiar with the matter said.
08/03/2020
So they’re trying to make an enabling environment in their markets and in their countries to attract foreign investments.
08/03/2020
Kenya has the highest number of infections within the East African Community, with over 20,000 cases, while Tanzania has not reported its caseload for nearly four months.
08/03/2020
In 2008 he took up an assignment with the International Monetary Fund (IMF) serving as Deputy Director of the African Department (AFR).
08/03/2020
In SA, leading operators MTN and Vodacom have already made headway in financial services.
08/03/2020
He expects banks’ revenues to drop at least 20% this year, though he did not expect any to make a loss.
07/31/2020
Since the beginning of the year, banks’ share prices at the NSE have dropped by between 18 and 42 percent, while the need to preserve capital has seen a number of lenders track back on proposed dividend payments, further hurting their shares’
07/31/2020
In fact, the private equity industry is positioning itself to play a bigger role in injecting life into southern African economies.
07/30/2020
The biggest opportunity in growing the Sanlam Kenya business lies in tapping technology to reach new market segments.
07/30/2020
Given that South African residents are taxable on a worldwide basis, the rental arising in respect of the offshore property is taxable under our local tax act.
07/29/2020
Those paying in installments will pay a total of Sh6, 500, translating to an additional hire purchase cost of Sh500, which is equivalent to an annual interest of 13.27 percent.
07/29/2020
GPs will be left with a deeper understanding of portfolio companies and the challenges they face on a day-to-day basis, encouraging more effective and regular communication going forward.
07/28/2020
The Panel concurs with the Committee in its findings in respect of all the allegations against the President and finds that they were properly considered and dismissed by the Committee.
07/27/2020
“Open banking in Africa will play a pivotal role in offering financial services to large sectors of the population who have never had access to financial services before.
07/24/2020
This analysis is based on investors who bought shares in mid-March and measures their return at the end of the trading yesterday.
07/24/2020
Some economists however feel the MPC could have introduced deeper cuts, given the unprecedented economic crisis brought on by the Covid-19 pandemic.