09/24/2015
Family Bank gets nod to raise Sh10b from market
The bank says the transaction will be by way of public offer of debt securities by the bank.
Alternative Investments
09/24/2015
The top broker of the year
GT247.COM is the Top Stockbroker of the Year, surging from a tie for third last year to displace Standard Online Share Trading/ Stockbroking from the top spot.
09/23/2015
CFC stanbic bank partners with seedstars world to find the best startup in kenya
The local entrepreneurs will receive additional support from CfC Stanbic Bank Kenya.
09/23/2015
African Renewable Energy Fund raises $200 million
The fund aims to invest between $10 million and $30 million in 10 MW to 50 MW power projects
09/21/2015
New ad campaign for Old Mutual humanises fund investment
This integrated marketing campaign encourages customers to think about whether their money is in the right hands.
09/18/2015
Seven-man Committee to Manage Abia’s Bailout Fund
The committee is therefore expected “to take a second look at these outstanding salary claims
09/17/2015
Investec Says Divisional Performance Mixed But Outlook Still Robust
Investec said its wealth and investment and asset management arms are now expected to post results for the full year
09/17/2015
Old Mutual targets Nigerian properties
Old Mutual Investment Group is looking to invest R250m-R500m acquiring properties in east and West Africa.
09/16/2015
RMI targets black-owned asset managers
RMI CEO Herman Bosman said this was part of plans to diversify its holdings beyond Discovery, MMI, OUTsurance and RMB Structured insurance.
09/15/2015
GroFin Launches Fund to Support Growth of Small and Growing Businesses in Africa
The GroFin SGB Fund seeks to address the different market barriers faced by African entrepreneurs with an integrated solution of patient growth finance, tailored business support, and access to markets.
09/14/2015
Barclays-backed RainFin says lending model has Ferrari potential
Loans have more than doubled in the past year by tapping the needs of small businesses.
09/12/2015
Somalia:The Somali Stock Exchange trades its first shares
The Somali Stock Exchange has already made history by becoming the first ever stock exchange to operate inside Somalia.
09/11/2015
Capitec powers ahead of its peers
Capitec’s fiscal full-year profit to February rose 26 percent
09/11/2015
FirstRand sees growth in insurance, investments
The group, which includes First National Bank, Rand Merchant Bank (RMB), WesBank and Ashburton Investments, acquired its own life insurance licence in March.
09/10/2015
S. Africa hedge funds fight 'cowboy image' with new rules
Hedge funds sometimes use short-selling, borrowing and derivatives in addition to traditional stock picking.
09/10/2015
Cluttons expands international operations into Africa and India
International real estate consultancy, Cluttons, has announced the expansion of its international operations into North Africa, Sub-Saharan Africa and India
09/09/2015
FG: Nigeria's Interest Paramount as JP Morgan Delists FGN Bonds
Reuters yesterday reported that JP Morgan will by October ending phase out Nigeria from its bond index
09/08/2015
Actis Named Most Impactful Private Equity Firm in Nigeria
The award honours the most innovative public and private corporations operating in the country.
09/08/2015
SA hedge funds tackle ‘cowboy image’
Hedge funds sometimes use short-selling, borrowing and derivatives
09/07/2015
S.Africa cbank says not aware of talks to make platinum reserve asset
But the SARB made clear it was cool on the idea.