08/21/2020
"(It) is difficult for us now at this moment to stop this rapid exchange rate (decline) because we don't have the reserve for us to intervene in the market," he told reporters.
08/21/2020
Standard Bank is the first of South Africa’s lenders to report earnings after a lockdown introduced in March to slow the spread of Covid-19 curbed economic output.
08/20/2020
The Eurobond only means the issuer isn’t in the same country or trading in the local currency of the investor/lender.
08/20/2020
In July, Parliament passed amendments to the act to facilitate the realisation of the transaction.
08/19/2020
Equity becomes the fourth top bank to post a drop in profit, majorly on increased provisioning for bad debts given the economic hardships facing borrowers.
08/18/2020
Today, there are more women in the workplace than ever before, and they’re buying homes - no matter the size of their salary.
08/18/2020
The following numbers you have never seen before, especially not from any one of the large investment houses in South Africa.
08/17/2020
Eke said the group delivered a very robust financial performance, which demonstrates the resilience of the group and the successful execution of its strategy.
08/17/2020
Some Muslims believe that the traditional banking system is incompatible with their faith.
08/17/2020
The 2019 report shows that $46.6 billion, or 76 per cent of total financing for the year, was devoted to climate change mitigation investments that aim to reduce harmful greenhouse gas emissions and slow down global warming.
08/17/2020
Momentum's full financial and operating result for the 12 months are expected to be released on September 9.
08/14/2020
This development exacerbates an already depressed real estate market that has, over the past two years, continued to struggle under the weight of glut, low occupancy rates and poor price discovery.
08/14/2020
The African Development Bank and India have a long-standing strategic partnership dating back almost 40 years to 1982
08/14/2020
Dubai has been playing a great role as a facilitator for people that are looking to test the waters in Africa.
08/13/2020
RSA return is an amount equal to the total pension contribution made, plus investment returns.
08/13/2020
The IMF predicts that falling oil prices will halve Nigeria’s export earnings to US$26bn, which traditionally accounts for 90 per cent of the government’s budget.
08/13/2020
Region provides opportunities to those with a long-term view that will outlast current economic shocks
08/13/2020
The spread between 30-year government debt and 10-year government bonds could widen to as much as 300 basis points within a year, Futuregrowth said.
08/12/2020
The bond was issued on December 22, 2014 by CBA Group which merged with the former NIC Group to create the NCBA Group.
08/11/2020
The company’s borrowings rose marginally to Sh3.77 billion but refinancing of part of its debt at lower rates helped it save on interest expenses.