03/09/2023
Italians top buyers of Kenya prime real estate
The survey did not state the value or number of luxury real estate bought by foreigners in Kenya.
Alternative Investments
03/09/2023
Business confidence in South Africa continues to circle the drain
Confidence in manufacturing and consumer-facing retail tanked, while sentiment was little changed in the case of building contractors.
03/09/2023
Tanzanians Urged to Capitalise On Global Economic Challenges
We should not consider economic challenges or conflicts as something that hurts us but it is time as a nation to discuss the changes in the economic environment in the world
03/08/2023
Alarm bells for property owners in South Africa
The bank expects further tweaking of national property values and heightened business migration in search of a “better deal”.
03/08/2023
Power ships in South Africa hit another roadblock
The Turkish company won a tender in March 2021 to supply the electricity but has since been mired in lawsuits and environmental challenges.
03/08/2023
Investment firm gets ‘BBB’ rating
The statement said, “The positive rating assigned reflects DataPro’s opinion of LandWey’s diversified revenue source, good project experience as well as it’s macroeconomic environment.
03/08/2023
Economic growth hits the wall amid crippling power cuts
Shocking GDP contraction in the fourth quarter is far worse than expected by economists
03/07/2023
Global economists see faster increase in Kenya’s inflation
“Extreme weather events and additional currency depreciation are upside risks.”
03/03/2023
Henley & Partners announce the Namibia Residence by Investment Program is now open for business
The Namibian government is actively seeking foreign investment to boost the country’s economic growth and diversify the economy.
03/02/2023
African Development Bank concludes 2023 insurer roadshow to accelerate mobilization of private capital to the continent
The Bank held an investor relationship event on 28 February, attended by representatives from over 30 insurance companies from the London, Bermudan and other international markets
03/02/2023
Kenya will import UAE oil on credit to ease dollar woes
Kenya will from next month start importing fuel on credit of up to one year from the United Arab Emirates to ease pressure on dollar demand amid uncertainty over its impact on local pump prices. Energy and Petroleum Cabinet Secretary Davies Chirchir says
03/01/2023
South Africa swings into a R23 billion trade deficit
The trade statistics get worse if trade data with Botswana, Eswatini, Lesotho and Namibia (BELN) is excluded.
03/01/2023
Record ETF flows set the tone for 2023
In South Africa, the range of ETFs available to investors continues to grow and this growth is expected to continue against a background of easing regulations.
03/01/2023
One of South Africa’s most important industries is having a good start to 2023
More interventions will also help to prevent theft and vandalism and resolve legal issues regarding locomotive procurement.
02/28/2023
Expand into Africa with a solid network foundation
In a digital world, this means ensuring high-performance, low-latency, secure and reliable connectivity wherever branch offices are being opened, and enabling centralised visibility, management and support.
02/27/2023
Businesses prepare for grid collapse in South Africa
Over the course of last year, MTN deployed more than 2,000 generators to counter stage four and higher load-shedding.
02/24/2023
Good news for first-time home buyers in South Africa
Ahead of the budget, property group Seeff called for the house price threshold for exemption from transfer duty to be increased as it had been at R1 million for more than two years.
02/23/2023
Morningstar Announces Finalists for 2023 Morningstar Fund Awards – South Africa
The awards recognise those funds and asset managers that have served investors well over the long term
02/22/2023
Mauritian firm acquires ailing lender Real People
The company, however, misappropriated the funds by wiring it to its South African parent firm, leading to a default on the outstanding sum of Sh1.3 billion owed to bondholders
02/22/2023
Good news for anyone who owns a property under R5 million in Cape Town
Cape Town Mayor Geordin Hill-Lewis said the measures are being put in place to ease the pressure on households due to the rising cost of living in the country.