09/05/2019
6th African Islamic Finance Summit going to inaugurate in Tanzania
Approximately 76% of Tanzanians live on less than $2 per day, with three-quarters of Tanzanians employed in the agriculture sector, according to World Bank data.
Comment, Analysis & Research
09/04/2019
Africa-Singapore cooperation: a win-win for businesses, people
On the other hand, as an emerging economy, the African continent also faces many challenges in areas such as infrastructure, urban planning, manufacturing, digitalisation and finance.
09/04/2019
Why South Africa should seriously consider taxing its wealthy citizens
For instance, high wealth inequality creates an imbalance of political power between citizens as the wealthy can potentially influence the political process unfairly.
09/04/2019
Save the world, one bottle of (South African) wine at a time
As of July 22, the nearly 140-year-old wine company achieved B Corporation status, joining a global movement of companies committed to social, environmental, and ethical business practices that are a force for good.
09/04/2019
Africa's future lies with Asia
Africa's trade with the US and European countries remains critically important, a rising Asia has, however, afforded the continent with an alternative source of investment.
09/03/2019
Ghanaian bank fraud cases increase by over 50% according to BoG
A report by the Bank of Ghana has revealed that fraud cases reported by commercial banks in the country in 2018 increased by 50%.
09/03/2019
Banks lose GHC19.1m to theft committed by own employees – BoG report
The alarming involvement of staff in the perpetration of fraud in the banking sector calls for significant reforms in the recruitment, remuneration, and disengagement of persons that are engaged by financial institutions.”
09/03/2019
Sasbo wants moratorium on bank retrenchments
Sasbo general secretary Joe Kokela says: “We are not against digitalisation; it is how they have gone about it.
09/03/2019
S. Africa Avoids Recession as GDP Expands Faster Than Expected
Rebound led by recovery in mining industry, growth in finance
09/02/2019
Trouble for Peter Moyo as Old Mutual plans to exit his company, which is also being sued by the IDC
Old Mutual says it is currently negotiating with NMT to exit its stake in the company
09/02/2019
Wealthy Kenyans return $1.18m stashed abroad
The amnesty was extended for a further year
08/30/2019
Barbados-Kenya sign new agreement
Noting that Barbados has a high literacy rate compared to Kenya, Kenyatta stated that education presents a potential area for the two countries to further collaborate through sharing of experiences and expertise.
08/30/2019
Sasol crisis: Investors want CEO out
Allan Gray and Coronation confirmed they met with Sasol but declined to comment on the content of the discussions.
08/30/2019
Elumelu Challenges Japan – “Partner with us in Empowering African Entrepreneurs”
Mr. Elumelu’s statement captured his vision of a relationship between Japan and Africa, which prioritises economic and shared prosperity.
08/30/2019
'Catastrophes' and hail damage dent Santam profit - but MiWay sees good growth
This is compared to a profit of R61m last year
08/29/2019
Nigerian Diaspora and Remittances: Transparency and market development
How large is the Nigerian Diaspora is anyone’s guess.
08/29/2019
Priorities to accelerate Africa’s technology transformation journey
South Africa endorses the focus on science, technology, and innovation as a priority theme for TICAD 7
08/29/2019
MUFG signs memorandum of understanding with African export-import bank
MUFG has led Afreximbank’s fund mobilisation activities in the international capital and loans markets
08/29/2019
De Beers gem sales keep falling as buyers allowed to say no
Clients are waiting for polished demand to pick up and are trying to buy as little as possible
08/28/2019
KENYA: Property billionaires feel the pinch as real estate slumps
The Kenyan real estate sector is increasingly becoming a miserable story of tears and shattered dreams