01/27/2022
Fitch affirms Ecobank’s stable outlook
The rating agency reported that Ecobank’s loans have declined in recent years, stressing that it does not see a high risk of the largest Stage 2 loans, which are concentrated within the oil and gas sector, of becoming impaired.
01/27/2022
You want to see off the competition? There’s nothing quite like a head start – Gerrit Smit
With almost a third of market share, Amazon is the world’s largest cloud computing business.
01/26/2022
The businesses hit hardest by liquidations in South Africa right now – with jobs not coming back
There was a year-on-year decrease of 20.3% in December 2021.
01/26/2022
SA’s cost of living remains unaffordable for many
January 1’s minimum wage increase not expected to make much of a difference.
01/25/2022
The Wema Bank boss said understanding business models would help the accountant understand the customer’s business and journey and how to advise him.
01/25/2022
Consequently, banks had to ramp up their provisions for bad loans.
01/25/2022
South Africa has been hit by even more travel restrictions in 2022—around 91 countries currently ban travel to the country, compared to the 60 that first applied travel restrictions in mid-2021.
01/25/2022
It's not just the insurance sector that reward vaccinated clients and customers.
01/24/2022
With the crisis dragging the continent into its first economic recession in 25 years, SMEs bore the brunt with a majority sinking into oblivion.
01/24/2022
KMRC announced a 143.5 percent increase in mortgage loans to primary lenders to 7.0 billion shillings from 2.8 billion shillings.
01/23/2022
The Lagos-based company recently completed a share buyback to boost value.
01/21/2022
The affirmations follow a revision to our criteria for rating banks and nonbank financial institutions and for determining a Banking Industry Country Risk Assessment (BICRA).
01/21/2022
The central bank raised its benchmark interest rate for the first time in three years in November.
01/21/2022
PAMA aims to encourage cooperation between African manufacturers such that there can be market transformation in order to grow Small and Medium Enterprise (SMEs) and subsequently create value chains to achieve Africa’s industrialisation agenda.
01/21/2022
The Financial Sector Charter ownership targets require subsidiary Capitec bank to have at least 25percent black ownership, and the current level of black ownership per the B-BBEE scorecard for the 2021 financial year is 19.39 percent.
01/20/2022
In the second of a series of interviews with veterans of the South African asset management industry, we speak to Coronation’s Tony Gibson.
01/19/2022
“Interestingly, Rothschild & Co also managed to secure the fifth position by value, while JP Morgan occupied the second position by volume.”
01/19/2022
The move saved it from being expelled due to the sustained efforts of its former partner Athol Williams
01/17/2022
Couples who are buying a home together can use their total household disposable income to gauge how much they can afford to pay on a bond.
01/17/2022
The 2021 municipal election results were a big shock for South Africa’s political landscape, seeing the ANC drop below 50% for the first time since the dawn of democracy.