09/09/2019
The provisions are supposed to serve as an allowance for uncollected loans and loan payments to cover eventualities such as customer defaults and renegotiated terms that yield lower than previously estimated payments.
09/08/2019
Egypt: On July 3 the military ousts Egypt's first democratically elected leader, the Islamist Mohamed Morsi, after large demonstrations
09/06/2019
Painting investment hubs with the same brush, however, does a major disservice to developing countries that benefit from the FDI flows facilitated by these key intermediaries through the structuring of safe and secure investments into otherwise challengin
09/06/2019
High Net Worth Individuals is a term that is used to describe people that have a net worth that is $1 million and above.
09/06/2019
As countries become closely integrated, there will be more cohesion between the regional blocks on the continent, Ramaphosa said.
09/06/2019
The payments – totaling R122m exactly – came from Albatime, a now defunct company that made its fortune by introducing Salim Essa, the Guptas' business partner, to Regiments Capital, a financial services firm at the center of state captur
09/06/2019
The country is indebted to the African Development Fund to the tune of $834.18m
09/06/2019
"For us to expect meaningful improvement, I think we're talking five years," he said.
09/05/2019
The country’s gold exports in the previous year amounted to $1.45 billion.
09/05/2019
SA's official unemployment rate jumped to 29% in the second quarter of the year, the highest jobless rate since the start of 2008.
09/05/2019
But nothing will change until the Boards of Trustees start taking their fiduciary responsibility in this regard more seriously
09/05/2019
Much is made of Africa’s population being the youngest in the world. Undoubtedly, this poses challenges, most specifically, in terms of finding gainful employment and decent livelihoods for a growing number of people.
09/05/2019
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.
09/04/2019
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
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
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 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
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
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 general secretary Joe Kokela says: “We are not against digitalisation; it is how they have gone about it.