10/05/2015
South Africa hedge fund managers beat benchmark equities index
The so-called long/short equity funds returned an average of 14.7% while the All Share Index gained 3.7%
Alternative Investments
10/05/2015
Fastjet eyes bigger slice of African pie
Africa focused budget flights operator, Fastjet, is lining up an integrated regional operation after initial forays into Tanzania, Zimbabwe and Zambia, riding on rising flights that have surged by 56 percent in the half year to June.
10/05/2015
Mineweb goes back to its roots
Warren Dick speaks on the direction of Moneyweb’s mining platform at the website’s relaunch.
10/04/2015
South Africa Hedge Fund Managers Beat Benchmark Equity Index
Managers placed 37.8 billion rand ($2.75 billion), or 61 percent of hedge fund assets, into such accounts.
10/03/2015
South Africa: Collab to Bolster Asset Managers Skills Development
As part of the initiative, two individuals will be selected annually to attend one of the BlackRock Education Academy's global training courses.
10/02/2015
SA bonds a buy for Old Mutual after September selloff
Foreigners dumped R7.3 billion of securities in September, the most this year.
10/02/2015
Italy aims to partner with SA firms
However, the trade balance has turned in favour of South Africa.
10/02/2015
Foreign investors can ‘participate in drive to integrate Africa’
However, European Investment Bank in Southern Africa head Carmelo Cocuzza highlighted the lack of human capital to manage and prepare projects.
10/01/2015
Nedbank Pulls Plug on Prime Broker as Hedge Funds Stay Away
Nedbank’s decision comes as new hedge-fund regulations came into force on Wednesday aimed at boosting investment in the market by improving transparency and reporting requirements.
09/29/2015
Meridiam Announces EIB Participation In Its Africa Fund
The Meridiam Infrastructure Africa Fund is currently finalizing investment in three projects, a solar photovoltaic project in Senegal, a university campus in Côte d'Ivoire and airports renovation in Madagascar.
09/29/2015
Fairmont Announces Luxurious Nigerian Hotel for 2019
Fairmont Hotels & Resorts has just announced the development of a brand new luxury hotel for the capital city of Nigeia.
09/29/2015
Old Mutual Zimbabwe chief executive declared the 2014 Chartered Secretary of the Year.
The runner-up was Hwange Colliery finance manager Gift Sibanda.
09/29/2015
NIKO Insurance becomes Sanlam General Insurance
Sanlam is a respected financial services group with footprint in 12 African countries outside South Africa, as well as in India, Malaysia, the USA, UK and Australia.
09/29/2015
Standard Bank: Pension fund admin shifting to banks
Banks that have scale and market penetration can help to bring costs down by integrating functions that would usually have been outsourced.
09/29/2015
African Development Bank pushes for universal access to energy in Africa
50% of those are women and children, as the bank’s President Akinwumi Adesina explains.
09/28/2015
Investors challenge Abil’s sale of insurer
The unit offers credit life insurance to customers who obtain African Bank loans.
09/24/2015
US$100 Million Grofin SGB Fund launched to support SME in Africa
The GroFin Small and Growing Businesses Fund aims to support over 9,800 under-served entrepreneurs and help create 47,000 sustainable jobs across Africa over the next 10 years.
09/24/2015
Ghana Explores a Return to International Bond Market
Ghana’s bond issuance plans form part of its efforts to stabilize its finances, even as the fall in commodity prices continues to undermine its efforts.
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.
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.