08/22/2014
Africa enjoys renewables investment surge
The company said the prospective capacity boost was "small by world standards"
08/22/2014
The company said the prospective capacity boost was "small by world standards"
08/22/2014
In early August this year, African Bank, the banking arm of African Bank Investments Limited, received a 1.6 billion US dollar bailout by the South African Reserve Bank
08/22/2014
Kaberuka said the bank would be a “symbol of the renaissance of the Ivorian economy after a decade of recession
08/21/2014
The gist of the statement, according to Mr Verster, is this: African Bank’s management made a compelling argument.
08/18/2014
It is not just European and U.S. pension funds that are slow to invest in the opportunities available on the Africa continent: South Africa-based funds also need encouragement.
08/17/2014
Wierzycka says administration systems were not capable of dealing with negative yields and had to be overridden manually, which resulted in human error.
08/17/2014
Absa Bank has removed all African Bank Investments Limited investments (Abil) from its Absa Money Market Fund
08/15/2014
The Board of Directors of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, has approved $80 million in financing for International Housing Solutions Fund II, the private equity fund that prov
08/14/2014
African Bank Investments Limited is no stranger to dire straits – after peaking at R40.49 on April fool’s day in 2012, its share price tumbled erratically to reach R6.88 on August 4.
08/14/2014
As a consequence of asset growth and successful investment results, BlueAlpha transferred the investment management function for the Polar Star Funds to a new entity, Polar Star Management
08/13/2014
As its stake in African Bank wiped out.
08/13/2014
Sovereign Trust Insurance has been growing its business in the last five years
08/13/2014
African Bank has engaged in risky lending practices such as very large unsecured loans
08/12/2014
Funds may use one day’s worth of accrued interest to offset losses, the Financial Services Board said in a circular to money managers yesterday.
08/11/2014
A fund manager is hired to invest the cash the investors have contributed
08/11/2014
CBZ Holdings has set up a fund in Mauritius to mobilise offshore lines of credit to finance its local projects, group chief executive officer Never Nyemudzo has said.
08/10/2014
Ghanaian President John Mahama last week ordered his government to open talks with the IMF as part of efforts to fix the economy and stabilise the cedi currency which has slumped around 40 percent this year.
08/10/2014
The Energy Report, Kelty riffs on shale in the U.S., basement reservoirs throughout the world and the news out of Africa. The investment opportunities are many.
08/10/2014
Bond investors in African Bank Investments Limited, who sent prices plunging by more than 50 percent last week, are joining shareholders in signalling the local provider of unsecured loans is running out of options.
08/07/2014
Alternatives that are marketed to mom-and-pop investors will remain red-hot