09/13/2023
Inflation: Pensioners are worse hit —Nigeria
The Nigerian Union of Pensioners (NUP) has said pensioners are the most affected by the inflation, following the removal of fuel subsidy in the country
Alternative Investments
09/11/2023
African countries face steep costs in global credit market
When someone can get five or six percent in the US then it becomes more challenging to convince them of a similar yield on an African asset.
09/08/2023
Ecobank’s newly-launched Single Market Trade Hub promoting intraAfrican trade
Alinafe Chikudzu unpacked that Trade Hub connects traders across Africa, within the 1.4 billion people single market framework of the African Continental Free Trade Area (AfCFTA).
09/07/2023
Newly launched SanlamAllianz to provide insurance and financial services in 27 African markets
SanlamAllianz’s ambition is to be among the top three players, in both market share and profitability, in the markets where the company will operate.
09/07/2023
Where to next for South Africa’s economy
Economists at Absa said that GDP in the first half of the year was stronger than expected but stressed that South Africa’s economy is still incredibly vulnerable to load shedding.
09/07/2023
Big turn for South Africans earning more than R20,000 a month
Although the index recovered in Q3 2023, the reading of -16 is still well below the long-running average of -16
09/06/2023
President Ruto, Raila Odinga talks spur first business growth in seven months
“Job creation accelerated and purchasing activity picked up, whilst firms grew more confident about their output prospects.”
09/06/2023
Tables turn for businesses in South Africa
The recovery in output allowed businesses to hire more staff and purchase more, despite the strong increases in salaries and material prices.
09/05/2023
Bourse starts index for top 10 firms
NSE said the new index will be based on market capitalisation float-adjusted methodology, with the constituent companies’ list being reviewed semi-annually.
09/05/2023
IFC invests Sh7bn in fund for Africa, Asia projects
The funding will go towards transport infrastructure projects, and supply chains to help tackle food insecurity and climate-related issues in Africa and South Asia.
09/05/2023
There is a plan to save South Africa’s finances – but it doesn’t play well with politics
Reduce non-essential travel unless funded by non-government resources.
09/04/2023
R100 million houses in South Africa – this is what a life of luxury looks like
He added that the Cape Winelands region and Plettenberg Bay and Knysna on the garden route are also seeing robust demand for luxury properties.
09/04/2023
Traders buy Sh213m Fahari shares with eye on profit ahead of buyout
Including transaction charges, the investors’ cost per share settles at about Sh9.
09/01/2023
Big win for businesses and consumers in South Africa
Although the SARB has remained wary over inflation, the drop in PPI should mean that consumer prices will continue to ease – albeit from a high base.
09/01/2023
StanChart sets Sh145,000 capital limit for offshore investments
The fund is available to all clients via the mobile app
08/31/2023
Food prices still hammering consumers in South Africa
Headline inflation is now at 4.6% in July, down from 5.4% in June.
08/31/2023
Westbrooke's UK private debt fund achieves R400m record raise from SA investors
This is notable as the large portion of the fund’s investor base comprises South African connected capital.
08/30/2023
Why Kenya’s REITs market is off to sluggish start
Real estate investment trusts (REITs) invest in most property types including apartment buildings, cell towers, data centres, hotels, medical facilities, offices, retail centres, and warehouses.
08/30/2023
African Development Bank’s FIMES project marks success in bolstering transitional economies
Acting Director of the African Centre for Natural Resource Management and Investment Vanessa Ushie said FIMES was a pioneering large-scale effort by the African Development Bank to build financial modelling capacity in Africa.
08/29/2023
Municipal rate hikes deal a major blow to households – and the South African economy
The South African Property Owners Association (SAPOA) has also raised concerns that municipalities are contravening National Treasury’s guidelines