04/05/2023
Company representatives stated that they are happy to be expanding in Johannesburg, enabling Kroll to offer a wider breadth of risk and financial advisory solutions to companies operating in South Africa and across Africa.
04/04/2023
The $10 million financing facility will be used by Parallex Bank to facilitate, through on-lending, access to cross-border trade finance for small and medium-sized enterprises (SME), and to create lines of credit for businesses operating in the agricultur
04/03/2023
The report said that over 40% of South Africa’s homes valued at over $1 million are found within Cape Town’s prime seven suburbs
04/03/2023
The new identity of the subsidiaries contributes to an enhanced brand presence.
04/03/2023
The latest dividend is a rise from Rwf28.7 ($0.026) that was paid for each ordinary share in the previous financial year.
04/03/2023
KCB entered the DRC market last year with the acquisition of an 85 percent stake in Trust Merchant Bank (TMB), in a deal that was closed in December.
03/31/2023
The rate increase was larger than the 25 basis point increase expected by the majority of economists polled by Reuters
03/30/2023
The Ndegwas will earn Sh876 million on their 12.52 percent ownership in the same bank, which was created following the merger of the former NIC Group and CBA Group.
03/29/2023
January this year reported 81 liquidations, the lowest number in the last six years, with January 2017 being the second lowest at 91.
03/29/2023
This follows a back-to-back profit drop by Safaricom in the year ended March 2022.
03/29/2023
Grit purchased the Orbit facility in a deal worth $53.6 million (Sh7 billion), adding to its growing portfolio of commercial real estate in the country.
03/27/2023
In essence it means increased bureaucratic hurdles, firms will need to review customers connected to South Africa and apply full customer due diligence where they may have previously used a concession.
03/24/2023
TURF will invest sustainable public infrastructure projects in sub-Saharan Africa
03/24/2023
African Export-Import Bank’s oil, gas portfolio exceeds $15bln, says official
03/24/2023
While company chief executives are the top earners, they are by no means the only ones pulling in multiple million-rand salaries.
03/23/2023
The awards recognise those funds and asset managers that have served investors well over the long-term.
03/23/2023
Growth capital can be a great way to finance business expansion and development without taking on bank loans
03/23/2023
This led to his stake in the country’s third largest bank rising to 0.94 percent –with a current market value of Sh683.8 million— from 0.69 percent over the same period.
03/22/2023
Last year, the stock market was hit by sustained foreign investor selling as capital flowed from smaller markets to the safety of the US due to global economic uncertainties partly caused by the Russia-Ukraine war.
03/22/2023
The electricity minister is on a weeklong tour to assess national power stations