09/15/2020
The webinar noted that the policy recommendations of the African Economic Outlook Supplement could be regarded as important opportunities for investments
09/14/2020
On the 182-day T-bill, the yields have gone up from 6.56 percent to 6.69 percent in the period, while the 364-day T-bill has seen its rate rise marginally from 7.52 percent to 7.56 percent in the past five weeks.
09/14/2020
Fintechs are firms disrupting the conventional banking model by using technology to make financial operations easier, faster and more accessible to businesses, institutions, and the general public at large (customers).
09/14/2020
Banks, especially big ones, are essentially an indication of the state of the economy – except for one crucial difference; they need to retain the confidence of their clients.
09/14/2020
“By simplifying the conversation about wealth creation, we aim to offer our customers and potential customers a practical formula to accumulate wealth.”
09/13/2020
Continental Reinsurance Plc now holds 100% of issued ordinary share capital in its subsidiary.
09/11/2020
The President has recommended the deletion of the clause that carries the primary content of the Bill, saying it overlooks the mandate of the Salaries and Remuneration Commission.
09/11/2020
Treasury has invited further comment from those who who are against the three-year rule.
09/11/2020
The African Development Bank estimates Africa’s infrastructure financing needs at up to $170 billion a year by 2025
09/11/2020
The Committee is composed of pro-investment and pro-business advisors who understand Africa and will be instrumental in growing the US-African cooperation
09/11/2020
The Capital Markets Authority, CMA, has granted African Diaspora Asset Managers Limited a fund manager’s license.
09/10/2020
The upgraded road, the fibre optic connections, and the provision of basic social services are expected to attract investments, facilitate regional and domestic trade, create jobs, and improve access to internet-based opportunities.
09/10/2020
The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government with Africa’s private sector on 22 April 2020
09/10/2020
It comes at a time when the World Bank has stepped up lending to Kenya including the $1 billion (Sh108 billion) that was approved in May to help the country close a gaping budget deficit and tackle the economic shocks from the coronavirus pandemic
09/10/2020
Recent debt crises in the Kenyan supermarket business has shown that the retailers operate on an asset-light business model, paying lenders, landlords, suppliers and employees from sales collections.
09/10/2020
South Africa needs an accountable democracy and ongoing engagement around tax.
09/10/2020
Beneficial ownership is a term in domestic and international commercial law that refers to the natural persons who exercise significant influence over and receive profits from a company who are not its legal owners.
09/10/2020
Heystek said the funds are no longer able to rely on the ‘old chestnut’ of long-term gains, and that South Africans are increasingly choosing to step in and take control of their investments.
09/09/2020
The informal sector workers are self-employed as Beauticians and Hairdressers, Street vendors, Artisans, Drivers, Casual laborers, Farmers and Fishermen.
09/09/2020
This means that regulatory design for the inevitable competition arising from the entry of tech players must be ‘appropriate’, it said.