03/13/2020
The State-controlled reinsurer says last year’s decision to issue an additional 2.099 billion bonus shares saw its capital base quadruple from Ksh1.75 billion ($17.5 million) to Ksh6.99 billion ($69.9 million).
03/12/2020
Expects to start producing about 20, 000 barrels a day by July
03/12/2020
The Bank said discussions started in the early part of 2019 and it was able to structure and implement the deal in line with the transaction closing milestone.
03/11/2020
The group’s half-year profit surged to $67.9m last year, up from $20.7m in a similar period the year before, primarily driven by the sale of Centum’s shares in three beverage firms.
03/03/2020
A larger percentage of these funds are designed for SGBs as impact investment funds.
03/03/2020
The Fixed Income trading platform on the SC Mobile app includes simplified Client Investment Profiling, sale and purchase of treasury bills at any given point in time.
03/03/2020
Commercial banks currently provide 45 percent of South Africa’s financing for renewable energy and energy-efficient projects.
03/02/2020
This acquisition will add further quality and scale to our existing business whilst also deepening our jurisdictional service offering to Mauritius.
03/02/2020
With the additional $250 million investment in the Fund, this means that the total capital should be around $2.10 billion.
03/02/2020
Analysts have argued that the sell-off is part of a global trend as investors dump stocks and seek shelter in fixed income assets including government bonds.
03/02/2020
The company was founded in 2008 by CEO Jean Craven and CIO Prieur de Plessis, who have backgrounds in structured trade and commodity finance in South Africa.
02/27/2020
Funding sources to include sale of spectrum, mining royalties
02/27/2020
Three big themes are playing out in the South Africa’s unit trust market.
02/27/2020
Costs on these products can be high for people with small amounts to invest.
02/24/2020
The euro resulted in greater financial integration and provided a boost to intra-European trade, the highest in the world.
02/18/2020
Blockchain has become an area of interest for most governments in this region, with many seeking to incorporate it into their digital transformation initiatives.
02/17/2020
South Africa's unsecured lending industry exploded into existence after the promulgation of the National Credit Act in 2007
02/14/2020
At the time of listing on the local bourse, the unsecured green bond was described as the first-ever climate bond standard certified corporate green bond to be issued in Africa.
02/12/2020
Over $20 million was raised for the fund on Saturday that has a current goal of $100 million.
02/12/2020
With a massive unexploited potential of marine resources, Kenya (and the continent) have a reason to get a piece of the blue bond action.