06/28/2017
The acquisition will cement Hollard’s position as SA’s second-largest short-term insurance company, increasing its lead on Old Mutual Insure, formerly Mutual & Federal.
06/28/2017
It will focus on fast growing scalable companies leveraging the high penetration of mobile to serve the African market
06/28/2017
As rights issue, the units will be pre-allotted to shareholders on the basis of their existing shareholdings.
06/27/2017
Impact investing is increasingly seen as a key driver of socioeconomic development, drawing on the power of capital to advance social change.
06/27/2017
It also recognises the confidence and trust placed in the BCP Group by the largest international financial institutions.
06/27/2017
This means that Enterprise Group can now speak to a valuation of $250 million.
06/26/2017
Technology will be key to overcoming the stumbling blocks and increasing Kenya’s low insurance penetration.
06/26/2017
It wasn’t initially clear how many Nigerians actually invested in the bond.
06/22/2017
The bonds will be on offer to all Ecobank shareholders on identical terms shortly.
06/22/2017
Impact investing has become a key focus for many fund managers on the continent.
06/22/2017
His listed equities portfolio currently has an estimated mark-to-market value of Sh2.8 billion, having come down from highs of Sh4 billion at the peak of the bull run in 2015.
06/22/2017
This is a first of its kind partnership between an African bank and DEG and is the second worldwide after Peru.
06/21/2017
It is in discussions with potential investors regarding a possible raising of new equity capital.
06/21/2017
“We look forward to strengthening our Johannesburg team and building on the growth achieved over recent years.”
06/19/2017
Risk improves as financial infrastructure matures and a middle class emerges
06/18/2017
Izandla’s board will include Sthembile Nkabinde, who founded Khulasande Capital.
06/15/2017
EA countries do not have exposure to commodities and their currencies have seen less devaluation.
06/15/2017
The share sale, scheduled to take place by the end of September, may even raise as much as 5 billion rand, they said.
06/14/2017
It is expected that a successful outing of the Diaspora Bond issuance will provide another source of relatively cheaper source of external financing
06/13/2017
UIA notes though that the number of projects owned by the domestic investors increased from 55 in Fiscal Year (FY) 2014/15 to 91 in FY2015/16.