04/17/2018
PwC points out that about $13.5-billion was raised in the equity capital markets in Africa by African companies in non-African capital markets in 2017 – a 49% increase from 2016.
04/16/2018
DBS Private Bank, which manages $109bn in assets, has recently established operations in DIFC to provide financial services.
04/15/2018
AIIM has a diversified investment portfolio spanning 40+ investments in 15 countries with the largest team on the continent dedicated to African infrastructure fund management.
04/15/2018
Jose Filomeno dos Santos planned to siphon off $1.5bn when he ran Luanda's sovereign wealth fund, government says.
04/13/2018
uma, who has always insisted that he was not involved in any wrongdoing, remained defiant when he addressed a crowd of loyal supporters outside the courtroom, labelling the prosecution a “political conspiracy”.
04/13/2018
Recently-elected South African President Cyril Ramaphosa had been acting to reform and improve governance in the State sector.
04/12/2018
This has given birth to development of different applications to make life easy for the banking public.
04/12/2018
Good rainfall over the last month in the country’s crop growing areas have boosting expectations of improved harvests; farming is the biggest sector.
04/11/2018
Broadgate Advisers were recognised as the best financial M&A advisers in the Financial Services industry.
04/10/2018
As Standard Chartered consolidated its operations across the world to deliver a cost efficiency program of USD 2.9bn by 2018, Kaushal was promoted to the top job in the region in July the same year.
04/10/2018
This has supported the proliferation of new fintech startups: with six startups founded in 2005, the figure is expected to reach 252 by 2020.
04/10/2018
This rise will be fuelled by increased allocations to foreign property, foreign cash and foreign equities, according to the report.
04/10/2018
African art accounts for $1 billion of the total global top-end art market. $450 million worth of African art can be found here in South Africa.
04/09/2018
The main investor risk lies in inflation
04/09/2018
This is the fourth consecutive hybrid/polymer note to win the coveted IBNS Bank Note of the Year Award.
04/08/2018
Classic cars were the best-performing asset classes over the past decade, a new report by New World Wealth shows – and South Africa’s super wealthy are getting in on the gains. New World Wealth has published its 2018 South African Wealth Repo
04/08/2018
Dangote, who Forbes valued at $13.5 billion (Sh1.5 trillion), was part of the delegation of 50 high-net-worth Nigerian businessmen who accompanied the country’s then-President Goodluck Jonathan to Kenya in 2013.
04/08/2018
The decrease in M&A in the financial services sector in Africa is due mainly to economic and political instability
04/06/2018
Kyle Wales, portfolio manager at Old Mutual Investment Group’s Titan boutique, spoke to Business Day TV about the spike in offshore investments after the 2018 budget.
04/06/2018
One of the six financial sub-indices had an annual negative impact on the BCI while two activity sub-indices had negative annual effects on the BCI last month.