09/16/2016
Zimbabwe to issue $75 million in bond notes
The notes will first be introduced with $1 and $5 denominations.
Alternative Investments
09/16/2016
Benefits from collaboration with alternate lenders
The benefits of banks working with independent lending companies may far outweigh the risks.
09/15/2016
Stanbic Uganda loan oversubscribed in Dubai
The loan facility pays 275 basis points margin over London Interbank Offered Rate.
09/13/2016
Bob Diamond's Atlas Merchant Capital searching for a new partner in Barclays Africa bid
It was yesterday revealed that private equity giant Carlyle had walked away from its consortium with Atlas in April this year.
09/12/2016
SEM launches the SEM All Share Index
The SEM-ASI will include the current constituents of SEMDEX but will also be comprised of foreign-currency denominated (USD, EURO, GBP and ZAR), GBC 1 and international companies.
09/12/2016
The Stock Exchange of Mauritius will be launching two new indices
The SEM-ASI will include the current constituents of SEMDEX but will also be comprised of foreign-currency denominated (USD, EURO, GBP and ZAR), GBC 1 and international companies.
09/09/2016
The rise of renminbi across Africa
Is renminbi rising across the continent?
09/09/2016
Abax Investments Cuts Lending to South African State Companies
Futuregrowth Asset Management, Africa’s biggest specialist fixed-income money manager, said Aug. 31 it stopped lending money to six of South Africa’s largest state companies because of governance concerns.
09/08/2016
Meet the Investor: Jim Villanueva, Global Partnerships
The fund was created to address the “pioneer gap”, by capitalising and supporting social enterprises in the earliest stages of development.
09/08/2016
FirstRand weathers headwinds and ‘heavy’ investment in its future
The group, which owns FNB, RMB and WesBank, said basic headline earnings per share were up 5% to 399.2c.
09/08/2016
Attijariwafa records 7.9 per cent profit boost in H1 2016
The board of directors for Attijariwafa Bank convened on 6 September 2016 to review the bank’s performance in the first half of 2016.
09/06/2016
Stock market integration and Islamic finance advance together
He stresses that capital markets in Africa urgently need rationalisation and to move towards greater regional integration.
09/05/2016
Waha Capital looks at MEA assets with war chest
Waha Capital recently completed the refinancing of a US$500 million upsized five-year credit facility, which will help to fuel growth for the company.
09/05/2016
Transformation concern costs Futuregrowth investment from Eskom’s pension fund
The Eskom Pension and Provident Fund, which manages more than R130-billion for Eskom staff and pensioners.
09/05/2016
Ivory Coast cocoa farmers seek gold in face of drought
Ivory Coast is the world's leading cocoa exporter but it is the prospect of striking gold
09/05/2016
Eskom’s Borrowing Costs Rise as Investors Query Governance
The Treasury chief is also the target of a police investigation into alleged irregularities at the tax authority.
09/02/2016
Schroder Real Estate Considers Secondary Listing In South Africa (ALLISS)
Shares in Schroder Real Estate were trading flat at 57.75 pence on Friday morning.
08/30/2016
Africa: Govt Proposes Establishment of Japanese African Bank to Encourage Investment in Africa
He said the sanctions have prevented the private sector from establishment of partnerships with the African private sector and other sectors out of the African continent.
08/26/2016
South African hedge funds report mix results in July
This meant YTD figures of -2.61% for equity long-short with market neutral a moderate -1.34%."
08/25/2016
S’pore deepens trade relations with Africa
Agreements on tax, bilateral investment and air services open doors to emerging market