06/02/2020
The shareholders also applauded the Bank for its sterling performance for the year under review and encouraged management and staff to keep up the good work even as the country steers through the pandemic.
06/02/2020
There has been rapid uptake of mobile technologies in the region with strong economic growth in the past 2 decades.
06/01/2020
Will the pension funds of South Africa be used to rebuild the economy? A leaked document seems to suggest that the ANC will set the wheels in motion.
06/01/2020
The output enables African Bank to measure overall financial crime risks and ensure their AML program is proportionate to the level of risk.
06/01/2020
The expectation of government borrowing surging at the end of the fiscal year will not happen
05/31/2020
Structural transformation is needed to create more jobs, reduce poverty and accomplish sustainable development objectives
05/31/2020
The operation will target support measures providing relief to the most vulnerable households, while safeguarding jobs and enabling businesses to quickly resume
05/31/2020
According to him, the petitioners were manipulated by a group of non-regional executive directors, not for the good governance of the African Bank, but to discredit his candidacy.
05/29/2020
The AfDB's ethics panel completely cleared Adesina after conducting its own investigation, saying the accusations "rested on no objective, solid facts."
05/29/2020
How well do SA’s two developmental finance institutions, the Industrial Development Corporation and the Development Bank of South Africa, measure up to best-practice international standards?
05/29/2020
The debt service cost of government continues to increase, the SARB said.
05/29/2020
According to the World Bank, some creditors are committing to honour the proposal to put a hold on debt obligations.
05/29/2020
The loan, approved on 26 May, will be used to fund the country’s health and social response, support macro-economic stability, and assist the private sector
05/29/2020
Based on this estimated financing gap, Ecobank said only six out of 20 countries have made commitments that can cover the MSMEs labour costs, including South Africa, Egypt, Cote d’Ivoire, Gabon, Chad and Cape Verde.
05/29/2020
How you intend to transfer your cash, assets and investments is one of the most important.
05/28/2020
Micro Small and Medium Enterprises (MSMEs) are critical to the African economy as they account for almost 85% of all private sector employment
05/28/2020
In last month’s meeting, the Monetary Policy Committee made a 25-basis point cut in the base rate, to seven percent from 7.5 percent, which marked the fourth straight cut in the rate since the November 2019 meeting.
05/28/2020
Through this virtual panel discussion, leaders emphasised the need for meaningful collaboration between governments and the private sector, as a requirement for the quick recovery of the economy of the African continent post-Covid-19.
05/28/2020
Unidentified whistleblowers accused Adesina, 60, of handing contracts to acquaintances and appointing relatives to strategic positions.
05/27/2020
Restaurants, bars and retail stores are already struggling with a decline in customer demand, repayment of bank loans, rent and utility bills, amid worries of a spike in non-performing loans under the sector.