08/19/2014
Standard Bank report confirms strong growth in Africa’s rising middle class – and even faster future growth
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.
08/07/2014
The banking sector’s results and profitability posted increases justified largely by the application of extraordinary measures
08/07/2014
Nairobi slides in ranking as luxury market slows down
A number of key European markets are at the bottom of the index table
08/06/2014
They speak with Betty Liu on “In The Loop.”
08/05/2014
Africa is the world’s second-fastest growing economic region, yet US engagement with the continent is lagging. There’s an opportunity to change that.
08/05/2014
We see the main drivers of this expansion being robust GDP growth
08/05/2014
Foreign direct investment into Africa has increased dramatically in the last decade and a half, and continues to grow. In 2013, FDI to Africa increased by 9.6% to an estimated 56.6 billion, representing 5.7% of global FDI.
08/04/2014
The submissions for the NRA will be independently assessed and judged by a panel of highly distinguished individuals, drawn from within and outside the country.
08/04/2014
The latest RisCura-SAVCA South African Private Equity Performance Report confirms that the private equity asset class continues to deliver a vibrant performance, and moreover one that compares favourably with listed equity.
07/30/2014
Our correspondent in Africa, Francois Chignac, put these issues to economic and political leaders taking part in a Forbes Africa Forum in the Republic of The Congo. Here are some of their thoughts:
07/29/2014
Nigerian banks have a $503 billion economy to exploit but their valuations are puny compared to South African lenders, showing low linkages with the real economy.