08/23/2021
Liquid, diverse and well-regulated local capital markets are an essential source of local-currency financing for the government, financial sector participants, and end users such as small businesses.
08/20/2021
Proceeds from the transaction were used to repay FTPT’s existing loan facility from HSBC, and to provide funding for its ongoing operations.
08/19/2021
On average, the non-financials reported a positive revenue surprise of c.+15%
08/19/2021
The company issued the bond to grow its loan portfolio under sharia principles.
08/19/2021
Investec’s new Global Sustainable Equity fund will prioritise investment in companies aligned with the UN Sustainable Development Goals
08/18/2021
The company has increased its Covid-19 provision by ZAR2 billion, at June 30, "to take into account the emerging expectations of wave 3 and 4 as well as potential future waves".
08/17/2021
State agreed to pay $3.5 billion compensation for seized land
08/17/2021
The firm was also recorgnise for its strong corporate governance, innovative financial solutions, first-class investment services, and highly skilled financial advisors.
08/17/2021
The Director-General, DMO, Patience Oniha, while explaining some of the points in the presentation earlier made by the Minister of Finance, Budget and National Planning, Zainab Ahmed, noted that the debt stock would keep increasing as revenue is declining
08/17/2021
This year, in terms of growth, they have landed with the Chinese AMAC private fund management license, they are opening the UK and European service offering and will be adding to its global footprint, the capabilities and beyond.
08/17/2021
These businesses are also the engines of growth in the economy and are key to realising Kenya’s Vision 2030
08/16/2021
“The presence of large institutional investors in the order book for this unsecured instrument confirms that TrustBanc Holdings is seen as a trustworthy counterparty by the market, ”
08/16/2021
The top four listed companies by market capitalisation — Safaricom, Equity Bank, EABL, and KCB — have seen their share prices rise by between 16 and 35 percent since January.
08/16/2021
According to Barrow, leadership development has to be prioritised for satisfactory business outcomes in an ever-changing work environment.
08/16/2021
The report also added that the industry’s annual contributions, over the last five years, had averaged N699bn while withdrawals had averaged about N341bn, translating to a net annual contribution of N347bn and accounting for 26.6 per cent of the ind
08/15/2021
Closes the period at Sh3.5 billion.
08/13/2021
With the rising cost of living in South Africa – thanks to fuel hikes, food price increases and electricity well above inflation – the needle on take-home pay in the country has hardly moved over the last 4-5 years.
08/13/2021
Claims in its individual life unit hit R4.75bn last year, with a 60% increase in funeral claims alone, largely attributed to Covid-19.
08/13/2021
‘Two-bucket’ system proposed to safeguard retirement savings
08/12/2021
The rise in sales reflected favourable growth momentum in unit-linked business and protection products, together with the corporate savings business, accounting for 90% of APE sales over the first half of the year, it said.