08/25/2014
Middle-class households in sub-Saharan Africa up 230pc since 2000
The report suggests that while the middle class may be smaller than previously thought it is growing strongly
08/25/2014
The report suggests that while the middle class may be smaller than previously thought it is growing strongly
08/25/2014
The 2014 Nigerian banking sector report, produced by one of the leading wealth advisory firms in the country, Afrinvest Limited will be launched on Tuesday, September 9, 2014.
08/22/2014
Latest World Bank figures show that remittances from foreign workers are expected to be $436bn this year, more than three times what poor countries receive in overseas aid
08/22/2014
The potential of new technologies to transform financial services in Africa has long been heralded by the likes of Kenya’s M-Pesa and others.
08/22/2014
The FTSE/JSE Africa Banks index shed 1.42 percent to close at 65 301.65 points.
08/21/2014
Moody’s Investors Service’s downgrade of South Africa’s biggest lenders raises the risk the nation’s sovereign debt rating may be cut
08/21/2014
The National Fund Volatility Rating of 'V1(zaf)' has also been affirmed. KEY RATING DRIVERS The removal of the RWN follows the removal of the fund's exposure to the financially troubled African Bank on 18 August 2014.
08/20/2014
Key factors that remain at the forefront for any entity planning to lease, own, or operate property in emerging and frontier markets include transparency risks regarding the reliability and accessibility of information about property rights as well as cor
08/20/2014
The report also found that the combined GDPs of the 11 measured economies had grown tenfold since 2000.
08/19/2014
He cites significant new discoveries of mining and energy resources, in particular gold and gas
08/19/2014
Africa has experienced substantial growth in its middle class over the past 14 years, according to a study by Standard Bank
08/19/2014
First, African Bank was downgraded, now it’s Capitec’s turn, with international ratings agency Moody’s downgrading the unsecured lender last week.
08/18/2014
Fund houses seldom disclose flows of institutional investments for the purposes of such reports
08/17/2014
Concerns about consumer lending in Africa’s most developed economy have increased since the central bank launched a $1.6 billion rescue of African Bank Investments last week.
08/15/2014
Bank Chief Says Energy Infrastructure Projects a Reason for Hope
08/14/2014
The pricier Cuban cigars are the most popular among South Africans.
08/14/2014
The resolution of African Bank Limited sets a precedent for senior bail-ins, Fitch Ratings says.
08/12/2014
African countries that have issued sukuk include Sudan, Nigeria, Gambia and Senegal. Going forward, several countries such as Tunisia have expressed keen interest in tapping the sukuk market for infrastructure financing.
08/11/2014
South Africa’s rich are getting richer - and they’re doing it faster than their counterparts anywhere else in the world
08/11/2014
It said that First Bank decreased its average salary per head in 2013 by 12 per cent and improved its employee value added ranking by 5 spots relative to 2012, moving from 9th place to 4th place.