11/19/2020
A special investigating unit this month arrested Ace Magashule, the secretary-general of the ruling African National Congress, making him the highest-profile serving politician to face charges since Ramaphosa’s rise to power.
11/19/2020
Seven bilateral agreements aim to strengthen Morocco’s “partnership with the Arab, European, and Asian space,” an official from the foreign affairs ministry said.
11/18/2020
Nedbank’s economists also believe that a rate cut is unlikely this week, with the focus likely to be on inflation, the bank said in a research note this week.
11/17/2020
With the passing of the new Insurance Act in 2018, the definition of cell captive insurers, cell structures, first-party and third-party risks were formalised in legislation.
11/16/2020
Safaricom has never disclosed how much it is willing to bid or the expected annual rate of growth the investment in Ethiopian market will be expected to generate, terming it as competitive and sensitive information.
11/16/2020
CDC Group, the UK’s development finance institution and impact investor, has committed an additional $100m commitment to its existing master risk participation agreement with Standard Chartered.
11/13/2020
FBN Holdings Plc, United Bank for Africa Plc and Zenith Bank Plc expanded their loan books by the equivalent of about $1bn each in order to dodge heavy penalties from the CBN, S&P Global Market Intelligence calculations showed.