10/27/2020

Diaspora inflows up Sh18bn despite pandemic shocks

The World Bank’s forecast in April was largely based on assumption that migrant workers will be hardest hit by job losses and pay cuts across the globe because of economic fallout as a result of coronavirus pandemic.

10/27/2020

213 companies vie for honours at 2020 Ghana Business Awards

Organizers of the Ghana Business Awards (GBA), Globe Productions have announced the commencement of processes towards the year’s Ghana Business Awards. This is in partnership Ministry of Business Development, Graphic Business, Nobel International B

10/26/2020

Co-op Bank to focus on local expansion

Mr Muriuki said that Co-op Bank’s recent acquisition of Jamii Bora Bank is part of the ongoing local expansion, adding that the new subsidiary is expected to return to profitability from next year.

10/26/2020

Early results show mixed performance in third quarter

Companies that have submitted their results included United Capital Plc, Africa Prudential Plc, GlaxoSmithKline Consumer Nigeria Plc, NCR Nigeria, Unilever Nigeria, Chemical and Allied Products (CAP) and Austin Laz and Company.

10/26/2020

Investing in sub-Saharan Africa

‘Over the last four years…we’ve been negative on SA companies’: Danesh Ranchhod from Franklin Templeton Investments.

10/23/2020

AfDB to guarantee Kenya’s mortgage refinancer bond

Chief executive Johnson Oltetia said the state-backed lender will piggy-back on AfDB’s top credit rating (AAA) with a stable outlook in the debut cash call, and thereafter build its own reputation among investors.

10/22/2020

Job cuts spark insurance policy cash withdrawals

“What many insurance firms are doing now is to divest from where they had invested money, such as in Treasury bonds, to meet obligations of increased withdrawal requests for pensions and surrenders from life products.”