06/03/2015

Retail in Africa proves not to be smooth sailing

When Wal-Mart Stores spent $2.4 billion (R29bn) on a stake in Massmart five years ago, the world’s biggest retailer said it was buying a gateway to high-growth markets in sub-Saharan Africa

06/01/2015

Moody's switches Tunisian banks’ outlooks to stable

Moody’s Investors Services affirmed five Tunisian banks' ratings and changed outlooks to stable for four of the banks, following its outlook change on the Ba3 government bond rating from negative to stable

06/01/2015

Arab investments boost Sudan’s banking sector

Thanks to growing Arab investments in the Sudanese financial sector – which now comprises of 15 Arab owned banks – the industry is fast expanding, facilitating greater trade and investment in the country as well as providing greater financial