11/05/2019
Banking Sector Records GH¢2.24bn Profit-After-Tax
It said the higher growth in net interest income reflected both higher interest income from investments and credit.
Alternative Investments
11/03/2019
Kenya Securities Exchange Launches New System to Boost Trading Activity
Allowing for new equities trading such as Short Selling and Day Trading, the new platform will significantly change the structure of the current trading process.
11/01/2019
Insurance companies gain from rally in bank stocks
Kenya Re, Britam Holdings and Old Mutual Life Assurance are among the insurers gaining from their holdings of bank stocks.
11/01/2019
African Development Bank approves record capital boost of 125% to $208 billion
“This will give us greater stability for the future.”
11/01/2019
South Africa trade surplus widens in September as imports drop
It’s been a key risk to the economy for years, given the country also runs a fiscal deficit, which is forecast to widen to a 11-year high of 6.5% of GDP in 2020-2021 as the government props up the cash-strapped Eskom.
11/01/2019
Sanlam in talks with Piramal to buy 8% more in Shriram Cap
At Rs 17,000 cr, Piramal’s 8 per cent stake in Shriram Capital is being valued at Rs 1,360 cr.
11/01/2019
Dutch investor Oikocredit injects Sh100m into micro-lender U&I
The micro lender granted a licence in 2013 mainly finances micro and medium businesses.
11/01/2019
Sanlam and Nasasa launch financial services for stokvels
Nasasa Financial Services aims to empower stokvels through greater socioeconomic inclusion and security
10/31/2019
Real estate isn’t sexy, but in South Africa it’s serious
They play a prominent role in the South African economy and have the power and responsibility to further democratise this space in the country’s economic landscape.
10/31/2019
SA seeks to drive advancement of infrastructure at Africa Investment Forum
The African Development Bank Group will convene the Africa Investment Forum from 11 - 13 November 2019 in Johannesburg.
10/30/2019
CDB signs US$629 million loan to build Nigeria port
New set of road, rail and port projects are coming through across Africa in Nigeria, Angola and Kenya
10/30/2019
Kenyan companies shortlisted for IT prestigious Awards
There has been a steady uptake of technology in Ethiopia as the market continues to open up.
10/30/2019
Angola: African Development Bank Approves $165 Million for Economic Diversification
The Bank Group has regularly provided diversified support covering agriculture, rural development and environment, health and education, water and sanitation to Angola’s development efforts.
10/30/2019
Kenya launches first exclusively students’ backed unit trust fund
The investment platform is further expected to promote financial literacy through capacity building programs aimed at entrepreneurial and management skills.
10/29/2019
What SA can learn from the fall of a star fund manager
His performance record faltered in mid-2017 after a series of bad stock picks
10/29/2019
New infrastructure opportunities for the Middle East in Asia
The Middle East, North Africa and Turkey region is the connecting point for three continents, giving it the opportunity to play a pivotal part in the BRI vision.
10/29/2019
How to measure the “impact” in impact investing
OMAI has therefore adopted an ESG and Impact Management Framework to achieve its vision of continual improvement in ESG performance and unlocking positive impact outcomes.
10/25/2019
South African Investments In Uganda Hit $3 Billion
Rugunda said that today, over 70 South African companies are registered and running top businesses in Uganda and are estimated to have total assets of over $3Billion.
10/24/2019
Collective investment scheme assets hit Shs173bn
Notwithstanding the growth recorded over the last years, the size of Uganda’s CIS industry remains small compared to CIS industries in other countries across the continent.
10/24/2019
Optimistic leaders are what the world needs, says Sanlam Investments
Tech and human-centric advancements mean there’s never been a better time to invest