06/08/2020
This effectively confers full ownership of FBN Insurance and its subsidiary, FBN General Insurance Limited on Sanlam forthwith, following receipt of all relevant regulatory approvals,” the group said.
06/08/2020
The reduction in total assets was mainly due to a decrease in investments and securities to $6,13 billion in the period under review from $17,25 billion in the 2018 comparative.
06/08/2020
Firms that had borrowed based on the forecast of cash flows have also been struggling to repay their bank loans.
06/08/2020
As a result, the price of a litre of petrol and diesel in Nairobi had come down to Sh83.33 and Sh78.37 in the May review, from Sh109.50 and Sh101.78 respectively at the beginning of the year.
06/08/2020
Investment One ranked first out of 22 Pension Fund Administrators, having recorded a 6.16% month on month growth on its Fund II, the highest among other PFAs.
06/07/2020
Investors are looking past the risks as unprecedented stimulus by governments and central banks around the world drives down the dollar and re-awakens the search for yield.
06/07/2020
The loan is intended to help Morocco address the repercussions of the COVID-19 crisis.
06/04/2020
Based in the US, Harambe-founded companies raised more than $500 million from prominent families, individuals and international companies to support African entrepreneurs.
06/04/2020
A study published in 2014 by Jersey Finance found that over the next 30 years, Africa needs to invest US$85 trillion in its infrastructure to support its growing population
06/03/2020
Sanlam did not disclose the value of the deal
06/02/2020
The group's property business does not directly own any physical property.
06/01/2020
The payouts will be in addition to the $1.74 billion that the World Bank has already disbursed to Kenya, Ethiopia, Uganda, Somalia and Rwanda in the past three months in form of loans and grants, meant for Covid-19 response, budgetary support and for figh
05/31/2020
EMEA investors have the highest proportion of investments covered by ESG considerations
05/31/2020
One important aspect introduced by SWEDD 2 is the enhanced attention to strengthen legal frameworks that promote women's rights to health and education.
05/31/2020
Structural transformation is needed to create more jobs, reduce poverty and accomplish sustainable development objectives
05/31/2020
ANC proposes greater financial intervention to revive economy after pandemic
05/31/2020
The employee may also make a voluntary, or optional, contribution, which is also a stated percentage of taxable salary up to which each employee may contribute.
05/29/2020
Most investors have currently put negotiations on investment projects on hold but are set to deploy capital as soon as there is some confidence in the business environment.
05/29/2020
The reality is that an offshore investment should always be on your investment to-do list, and the main reason for this is diversification, both by asset class and currency.
05/29/2020
The move comes as the coronavirus pandemic upends global markets, with the International Monetary Fund predicting sub-Saharan Africa’s economy will shrink by 1.6% this year, the worst on record.