06/18/2021
After almost three years, FirstRand has found that the scale of the unbanked businesses is much larger than it thought, Jesse Weinberg, head of the small to medium-sized enterprise (SME) customer segment at FirstRand's retail division FNB, said.
06/17/2021
Gigantic diamond found in Botswana could be the world's third-biggest ever
The stone was discovered at Jwaneng, the world’s richest mine by value, which is undergoing a $2 billion expansion.
06/17/2021
Banks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025).
06/17/2021
MTN and Dangote retained their status as the most admired African brands.
06/15/2021
Deal is in line with ‘the company’s strategy and stated intention to dispose of its insurance cluster’
06/15/2021
The announcement is a welcome boost to support the long-term development objectives of African economies that have been negatively impacted by the crisis
06/15/2021
The agreement aims at boosting trade development across the country’s agriculture, energy, healthcare, and private sectors over a period of five years
06/15/2021
Investor interest for this sophomore eurobond issue was global, including the UK, the US, Europe, the Middle East, Asia and Africa, achieving a 3.6x oversubscribed order book, of over $1.3 billion at its peak.
06/14/2021
A Kangaroo bond is a foreign bond issued in the Australian market by non-Australian firms and is denominated in Australian currency
06/11/2021
The accelerator will also serve as a pipeline to grow women fund management talent by creating entry opportunities in established asset management firms.
06/10/2021
The retreat will enable the government and the IFC to look at ways to align the government’s post-COVID-19 response plan with the IFC’s country strategy.
06/10/2021
Jubilee Allianz has partnered with several financial firms to provide premium financing, giving SMEs the room to pay in instalments.
06/08/2021
Colman also discusses the the rollout of the Adjudication of Road Traffic Offences (Aarto) Act and its impact on the insurance industry.
06/08/2021
The company also gave a dividend payout of 2.5kobo, representing N331.3 million for the 2020 financial year, which was appreciated by the shareholders.
06/07/2021
The company has launched $5mn Series A for expansion in Africa
06/04/2021
VTB aims to use its expertise in the debt and equity capital and real estate markets in Russia to attract international financing for the development of the country's economy, he said.
06/03/2021
Du Plessis is a member of the Law Society of the Northern Provinces.
06/02/2021
Nigeria startups, according to the Partech report, received the most investment in 2020 at a total value of $307m in 71 deals and an average deal size of $4,3m.
06/02/2021
Heirs Insurance and Heirs Life have a paid-up share capital of N10 billion and N8 billion, and are backed by leading reinsurers, providing a second layer of security for clients’ insurance portfolios.
06/01/2021
Power cuts have grown more frequent over the past year, while diesel for generators is often scarce and more expensive after recent subsidy cuts.