11/12/2019

GIPF to pay out N$5,2 billion in benefits

The fund's assets are valued at N$118,2 billion as at 31 August 2019, where members contribute 7% of their salaries to the fund, while employers contribute 16%.

11/08/2019

Global powers accelerate plays for influence in Africa

In 2017, Russian-African trade surged to $17.4 billion, up significantly from $5.7 billion in 2009. Although Russia’s trade volumes with Africa are relatively tiny, exports represent a larger share of its GDP than China's or India's.

11/07/2019

CEOs commit R363 billion to boost economy

The second instalment of the conference yesterday saw investors pledging investments totalling billions to help reignite the ailing economy, which is growing at 0.5 percent.

11/06/2019

Modus Capital Launches new fund

The MODUS MENA VENTURE FUND I will focus on MENA-based early stage/post-accelerator technology companies as well as Small-to-Medium Enterprises (SMEs) where technology can enable them to grow rapidly.

11/05/2019

Kenya to seek more funding from AfDB

In 2018, the Bank’s total portfolio stood at 347.15 billion shillings supporting 26 operations in public sector and 11 in the private sector.

11/05/2019

Rwanda’s plan to become financial hub gains momentum

The blueprint seeks to facilitate the country to attract a concentration of participants in banking, asset management, insurance or financial markets with venues and supporting services for these activities to take place.