05/07/2020
Vumatel started out its life rolling out South Africa’s first fibre optic network to homes in Parkhurst by partnering with internet service providers who provided connectivity to their residential customers whilst Vumatel remained the owner and oper
05/07/2020
Africa's most-industrialised economy was in a recession even before measures to contain the coronavirus brought businesses to an abrupt halt.
05/06/2020
As a global securities exchange, VFEX will seek partnerships with other global exchanges and partners around the world, and become a truly global platform.
05/05/2020
SA banks are helping ensure that money still circulates in the economy, and businesses’ payment systems are kept as viable as possible: Banking Association MD Bongiwe Kunene.
05/04/2020
Africa: COVID-19, Gold Demand and the Gold-Backed Stablecoin Opportunity
05/04/2020
Latest report on securities lending activities at the Nigerian stock market showed that volume of shares and bonds lent out under securities lending arrangement rose by 7,986 per cent
05/03/2020
Today, we have fully independent government pension and corporate pension schemes that are fairly well co-ordinated.
05/01/2020
S&P Global Rating published its annual assessment of the ATI's performance reaffirming the company’s creditor rating of ‘A’ with a Stable Outlook (A/Stable)
05/01/2020
The lender will condone covenant breaches only if real-estate businesses are servicing their debt obligations, an official says
05/01/2020
Consequently, the industry's NPL ratio adjusted for fully provisioned loan loss category also declined from 9.4 per cent to 5.2 per cent.
04/30/2020
Most banks have their crude risks hedged at $40-$50 a barrel, according to ARM Investment Managers in Lagos, which means provisions would need to be raised if prices remain at current low levels.
04/29/2020
The projected rebound "is possible but will require South Africa to be quite strong in structural reforms and the recapitalisation of some of the firms which may come under stress during this period."
04/29/2020
The NIP will be able to automate the extraction of the virus from collected samples
04/28/2020
Another torrid quarter for investments aimed at giving those planning for their retirement the best equity
04/24/2020
It comes at a lower interest rate than loans on the open market.
04/22/2020
The support package bolsters spending from a mere 0.1% of GDP to 10% of GDP.
04/21/2020
Key factors that contribute to this rating include persistent fiscal slippages by the Government leading to expanded external borrowing, rising budget deficit to GDP ratio, high risk debt distress owing to adverse effect of locust invasion and COVID-19 pa
04/21/2020
We are particularly mindful of the needs of our communities and therefore focused on these to ensure positive impact both in our urban and rural areas.
04/21/2020
“National Treasury is exploring various funding instruments including the social impact and/or solidarity bond to fund the impact of Covid-19,” it said in a response to queries.
04/20/2020
That means companies that scheduled their AGMs before the lockdown and are now probably considering postponing them because of the lockdown, may not need not worry.