03/24/2022
ALAK was incorporated in Kenya and licensed by the Insurance Regulatory Authority in February 2015 to provide life insurance to the Kenyan population through various distribution channels.
03/24/2022
Absa is investing in a highly competent team of problem solvers, writes Anthony Evens of Special Asset Management at Absa CIB.
03/24/2022
A market analyst had questioned why the group was not releasing its higher credit provisions, given the good results indicated in the trading statement.
03/23/2022
The SARB invited interested investors, both local and international, to submit expressions of interest for the acquisition of the SARB’s shareholding.
03/22/2022
This compares with a loss a share of $0.07 for 2020.
03/22/2022
The company will also expand its Kuza retail finance service, which allows distributors to provide stock to retailers using 4G Capital’s credit rather than traditional cash on delivery.
03/21/2022
“This is all part of improving the regional integration, and also accelerating the Africa Free Trade Area. It is going to drive down the cost of moving things,”
03/21/2022
The transaction is subject to regulatory approvals and other customary closing conditions.
03/21/2022
“This transaction underscores Prudential’s continued focus on Africa as a strategically important growth market"
03/18/2022
The event comes on the heels of Business Insider Africa’s burgeoning editorial journey as the leading premium pan-African business publication covering everything from the latest news and insights about thriving and emerging markets in Africa
03/18/2022
Lenders in East Africa's biggest economy are scrambling to cover new markets, in order to help clients trade across the region more effectively and spur their own growth
03/18/2022
The report showed that major business segments posted appreciable revenue and profit growths despite the challenging operating environment.
03/17/2022
The business proposition will further include free business training, seminars and networking events
03/17/2022
The DPO also supports Kenya's capacity to handle future pandemics through the establishment of the Kenya National Public Health Institute
03/16/2022
MoU signed during visit of Mauritian President His Excellency Prithvirajsing Roopun GCSK, who officially opened the Economic Development Board (EDB) Mauritius representative office
03/16/2022
RisCura’s New Bright Africa Research shows the key shifts and trends that continue to shape the strong private equity growth in the continent, with Mauritius expertly facilitating investment flows
03/16/2022
The Board also recommended the payment of a dividend of USD0.16 cents per share being a total amount of circa USD40 million.
03/15/2022
‘The decisions we made in 2020 to build significant provisions for bad debts proved to be the right ones. So in 2021 our bad-debt provisions were quite modest’: interim CEO Jason Quinn.
03/14/2022
Risks are becoming increasingly complicated to manage.
03/11/2022
AWCA bought the 21.2% stake in Futuregrowth for an unspecified amount, the fund manager, which oversees R193 billion, said in a statement.