10/25/2020
Understanding the benefits – and risks – of alternative investments
To grow, preserve and diversify wealth.
Alternative Investments
10/25/2020
Zimbabwe: Vic Falls Stock Exchange Launches With Only One Trading Partner
The VFEX is a wholly-owned subsidiary of the Zimbabwe Stock Exchange (ZSE) and will trade solely in foreign currency targeting mining companies in Zimbabwe and the Africa continent, before expanding across the globe.
10/23/2020
Philanthropic investments in education are among our most urgent priorities
South Africa has a wealth of organisations that are involved in the education space and philanthropy recognises that until we fix education, most progress is hindered.
10/23/2020
National Development Bank to take off from January 2021
The government in 2017 hinted it will establish a national development bank in the country.
10/23/2020
AfDB to guarantee Kenya’s mortgage refinancer bond
Chief executive Johnson Oltetia said the state-backed lender will piggy-back on AfDB’s top credit rating (AAA) with a stable outlook in the debut cash call, and thereafter build its own reputation among investors.
10/23/2020
Africa’s Top Insurer Refocuses on Home Base After Deal Misfires
It was part of a plan to diversify away from South Africa, which accounts for most of its earnings, as the economy struggles a recession, high unemployment and corruption.
10/23/2020
Africa Prudential records N1.41bn Q3’20 PAT
Gross earnings was N2.63bn, compared to N2.90bn in Q3 2019, a nine per cent year-on-year decline.
10/22/2020
Job cuts spark insurance policy cash withdrawals
“What many insurance firms are doing now is to divest from where they had invested money, such as in Treasury bonds, to meet obligations of increased withdrawal requests for pensions and surrenders from life products.”
10/22/2020
Retirement schemes eye Sh25bn big project deals
The pension funds especially want to leverage their long-term funding model for the projects through the government’s public private partnership (PPP) model.
10/22/2020
Sanlam empowers communities with free financial training
Financial literacy is a key component to improving individual financial behaviour, preventing over-indebtedness and ensuring overall financial resilience.
10/21/2020
South Africa has run out of money
Many experts slammed this plan as a “wish list of imaginary blessings” and the recycling of old and failed policies.
10/21/2020
Africa Re picks Dubai for Middle East expansion
Africa Re is said to have more than ten years of experience in offering Retakaful products that are Sharia-compliant and vital for Takaful companies to meet their business needs.
10/20/2020
South Africa Has the 5 Most Valuable Brands in Africa, No Nigerian Coy Made the Top 20
The other Nigerian companies that made the list aside Glo Mobile (25th) are: Nigerian Breweries (28th), Dangote Cement (42nd), Zenith Bank (45th), Access Bank (51st), United Bank of Africa (54th)
10/20/2020
Co-op Bank named Kenya's best lender in 2020
It is the third time in a row the financier is being recognised as the Best Bank in Kenya by EMEA Finance
10/20/2020
Patricia Sarfo: The role of rural banks in Ghana’s future economic development
The importance of developing the rural economy in a sustainable manner has become even more evident following the impact of Covid-19.
10/20/2020
Fitch forecasts 10.5% fiscal deficit for Ghana in 2020
Fitch forecast the cash deficit to narrow to 7.1% of GDP in 2021 and to 6.0% in 2022, but a failure to consolidate following the December 2020 presidential election is a key risk to its projections.
10/20/2020
Baring Emerging Europe hopes frontiers tilt will draw investors
Also lacking widespread investor appeal, BEE has seen over a third of its shares fall in the hands of City of London Investment Management and Lazard.
10/20/2020
How to rescue your retirement – Magnus Heystek
They invariably were the doctors, lawyers, dentists and virtually anyone else who was self-employed.
10/19/2020
What you should know before cashing out your pension in South Africa – and what it will cost you
Govender said that you can only cash out your pension fund if you withdraw from the fund – in other words, when you resign or lose your job.
10/19/2020
African Development Bank’s second virtual business opportunities seminar of 2020, draws 250 global partners and suppliers
In an opening address, Valerie Dabady, a Manager in the Bank’s Resource Mobilization and Partnerships Department, welcomed participants, highlighting the opportunities the seminar provides to external partners eager to know more about the Bank&r