08/16/2019
The disclosure highlighted the level of distress in the industry, as a number of the east African nation's 24,000 mortgage holders, according to the Central Bank of Kenya, struggle to service their loans.
08/16/2019
The structure was linked to a R9.35bn loan extended by the PIC to Lancaster Group, a BEE investment vehicle, to buy Steinhoff shares.
08/15/2019
The NSE 20-Share Index, which has remained stuck at a 10-year low for the three weeks, was unchanged in Tuesday’s trading.
08/15/2019
There are reasons to be more optimistic, the Credit Suisse analysts said. They expect some appreciation in the rand, while predictions about South African economic growth are overly pessimistic.
08/14/2019
When are profits enough and when does the well-being of bank employees, their clients and the country as a whole, begin to override this atavistic and never-ending quest for more?
08/12/2019
Speaking at a pan-African Trade forum in Lagos, they identified other barriers to trade as poor infrastructure, lack of trust and different payment systems.
08/09/2019
Africa is set to surpass China and India as a job market by 2040, and with the recent visa reforms in the UAE, Dubai has emerged as an attractive destination for Africans to pursue career advancement and professional fulfillment.
08/08/2019
“In the first two quarters of 2019, we’ve tracked ten significant transactions in excess of more than a half a billion dollars across multiple jurisdictions and sectors by API Summit stakeholders,” says Rusin.
08/08/2019
A month ago, foreigners were still net buyers of almost R13 billion in South African bonds this year. But by last week, this was down to R5.1 billion.
08/07/2019
It says this is due to having identified improved, efficient and cost-effective solutions to will drafting, estate planning and execution.