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Alternative Investments

11/07/2024

H1: Banks’ Average NPL Ratio Maintains Downward Slide Despite Inflation, Interest Rate

The hike in inflation rate has seen the Central Bank of Nigeria (CBN) under Mr. Yemi Cardoso raise the monetary policy rate (MPR) five times in an effort to curb the menace and promote economic stability.

11/07/2024

African insurance sector has capacity to drive continent’s growth — Elumelu

Speaking on the global outlook for the insurance industry, Elumelu said that insurance penetration remains under 3% in Africa, which falls short of the global average of 7.4%.

11/07/2024

How salaries have changed in South Africa: 2018 vs 2024

Pnet explained that salaries usually depend on skill levels for specific hard and soft skills as well as years of experience in a particular role or job sector.

11/07/2024

Africa purchases what it produces, but at a higher price

These imports include raw minerals such as crude oil, diamonds, gold, iron ore, natural gasses and agricultural products.

11/06/2024

How South africa is earning over R200 per person by doing nothing

Globally, countries like India, Mexico, and the Philippines are among the top recipients, with Egypt and Nigeria ranking seventh and ninth, respectively.

11/06/2024

Corporate credit demand rises amid improving business conditions, reports Nedbank

De Kock says credit demand was muted throughout most of 2023 due to macroeconomic constraints, including persistent load-shedding.

11/05/2024

SA debt spikes 250%, but GDP up by only 105%

The country’s debt has risen from R1.6trn to R5.6trn in a decade – and now stands at 75% of GDP.

11/05/2024

Q3’24: Unilever Nigeria records 46% growth in turnover to N103.8bn

Unilever Nigeria will continue to strengthen its operations in the country

11/05/2024

EY-Parthenon Real-World Strategy Dialogues – BCX CFO Cheryl-Jane Kujenga on allocating capital to innovation

Kujenga then reveals the five key areas that innovative organisations focus on, as well as the key imperatives for BCX.

11/04/2024

FBN Holdings secures top spot as best workplace in Nigeria

The subsidiaries of the holding company also enjoyed their share of the recognition and achievement at the grand ceremony

11/04/2024

Stanbic Bank invests in future with new Youth Banking Proposition

Head-Private and Personal Banking, Stanbic Bank Ghana, Ben Mensah elaborated on the new youth banking proposition’s purpose.

11/01/2024

IGR rising but still falling short

The balance of NGN478bn was mainly revenue generated by state ministries, departments, and agencies (MDAs).

11/01/2024

UBA plans new investments in Africa

Akinyemi also highlighted the bank’s dedication to nurturing Africa’s youth talent through entrepreneurship.

10/31/2024

A modest rise in the deficit on the services account

This follows our previous note on the BoP

10/31/2024

Higher trade surplus driven by reduction in imports

The trade figure comprises export and import trade positions of USD13.9bn and USD9.5bn, respectively.

10/31/2024

Five big businesses closing down in South Africa

Experts attribute several factors to the growing pressure on businesses in South Africa.

10/31/2024

The untapped power of hedge funds in South Africa

Hedge funds also often have low correlations to each other, as each hedge fund manager uses leverage, net exposure, and their long and short books differently.

10/30/2024

Insurer, bank launch instalment payment for health cover premiums

For years, many households in Kenya, particularly in rural and lower-income areas, have faced financial barriers when accessing healthcare.

10/30/2024

32 states got 55% of revenue from FAAC

BudgIT also noted that the total revenue generated by the 36 states rose by 31.2 per cent in 2023, from N6.6tn in 2022 to N8.66tn.

10/29/2024

East Africa leads Africa’s economic growth despite public discontent

Despite positive economic indicators, high unemployment and the rising cost of living have sparked public outpourings of frustration in countries including Kenya and Uganda.

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