11/20/2023
Employees are scamming their bosses in South Africa – costing them billions
Snyman noted that these types of crimes are not being taken seriously enough, and companies now need to pay attention when hiring staff.
Comment, Analysis & Research
11/16/2023
Party is over for African banks counting on high net worth clients
Capitec in South Africa leads The Africa Report’s ranking of the continent’s top 200 national banks
11/15/2023
Q/q decline in sectoral fx utilisation
A contributing factor to the decrease in fx utilisation is the drop in the total value of fx inflow into the Nigerian economy
11/15/2023
Underlying drivers of headline inflation
Nigeria's inflation reading has steadily increased since Feb '22.
11/14/2023
Funding outflow of $220bn may hit Mena banks if Israel-Gaza war spreads, S&P says
Potential outflows from lenders in GCC, Jordan and Egypt are about 30% of aggregate external liabilities
11/13/2023
More Kenyans to work remotely, says forecast
A virtual workspace is a cloud-based platform that allows users to access their work files and applications from anywhere, at any time.
11/10/2023
A m/m accretion to the gross official reserves
Our guess is that the foreign reserves received modest fx inflows from traditional sources
11/08/2023
Sharp decline in fx inflow to the economy
The trend of fx inflow has been declining since Q1 2020
11/08/2023
Lending to private sector accelerated to four-month high in September, BoU data shows
Credit to the private sector rose 7.1 per cent
11/07/2023
Trouble for businesses in South Africa – but there is a bright spark
Weakness of the demand side made activity drop, while some respondents said that higher fuel prices forced them to curtail output.
11/07/2023
South Africa on a rollercoaster ride
African countries are asking for a 10-year extension with minimal changes to the Act to provide certainty to investors.
11/06/2023
Big questions over South Africa’s new pension system
A savings pot will allow for a maximum of one-third of contributions, which can be accessed before retirement.
11/06/2023
Why Mauritians are now richer than South Africans
The business-friendly environment results from the Mauritian government’s drive to grow the services sector of the economy.
10/31/2023
Current account shifts to surplus in Q2 ‘23
The figure represents 2.8% of GDP
10/31/2023
Robust y/y growth in PSCE
The data covers lending by the entire banking system and not only the deposit money banks (DMBs).
10/30/2023
Top 5 highest paid bank CEOs of 2022
Given the crucial nature of this role, companies make significant efforts to attract top talent by offering competitive salaries as incentives for the position.
10/30/2023
Capital market critical to Lagos economic progress – Sanwo-Olu
Onasanya disclosed that the conference aligns with Coronation Group’s mission to provide transformative solutions to Africa’s unique challenges.
10/27/2023
ICT sector comes out tops in latest Southern Africa venture capital industry survey
The local ICT sector held the largest allocation by number of active deals held in portfolios at the end of 2022 (40.6%)
10/27/2023
Absa Bank loses Sh107 million to fraudsters
Card-not-present remains the most prevalent form of fraud
10/27/2023
Inflation may hit 30% by December, says Stears
The firm stated that its forecasts are based on trusted econometric tools that consider a myriad of factors driving inflation, from general to country-specific dynamics.