01/25/2022
Will African banks survive the tech wave?
Consequently, banks had to ramp up their provisions for bad loans.
Comment, Analysis & Research
01/25/2022
South Africa’s 2022 economic growth looks ‘grim’, says GlobalData
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
Randemic: Three FNB customers pocket R13 million just for being vaccinated
It's not just the insurance sector that reward vaccinated clients and customers.
01/24/2022
Can hybrid finance unburden Africa’s shaky SME sector?
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
Top 6 Key Drivers Of Real Estate In Kenya In 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
Richest African's wealth jumps R20 billion in less than a month
The Lagos-based company recently completed a share buyback to boost value.
01/21/2022
10 Nigerian Banks Global Scale Ratings Affirmed Under Revised Criteria; Outlooks Stable
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
Zimbabwe: Reserve Bank Faces Difficult Choice
The central bank raised its benchmark interest rate for the first time in three years in November.
01/21/2022
Private sector critical to AfCFTA, says minister
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
Capitec Bank Holdings plans R1 billion empowerment share scheme for its employees
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
Genius and luck in asset management
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
JP Morgan and Rothschild & Co top M&A financial advisers by value and volume in Middle East & Africa for 2021, finds GlobalData
“Interestingly, Rothschild & Co also managed to secure the fifth position by value, while JP Morgan occupied the second position by volume.”
01/19/2022
Bain was right to quit Business Leadership SA
The move saved it from being expelled due to the sustained efforts of its former partner Athol Williams
01/17/2022
The houses you can afford on the average salary in South Africa
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
South Africa is entering an age of uncertainty: analyst
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.
01/17/2022
Tanzania debt grows by $5b in 12 months
The value of imports increased to $11.25 billion in the year ending November 2021 from $9.27 billion during the corresponding period in 2020.
01/14/2022
Top 10 Largest Banks in the Middle East and Africa
We take a closer look at 10 of the largest banks in the MEA region, ordered my assets in 2021.
01/14/2022
South African economy likely to revert to pre-pandemic levels in 2022: World Bank
It added that the pandemic has reversed at least a decade of gains in per capita income in almost a third of the sub-Saharan region in Africa.
01/13/2022
Central Banks, Not Covid, Will Drive Global Economies in 2022
From 2023 onward, most agree, growth will return to its long-term norm of around 3.5%, as if Covid never happened.
01/13/2022
2022 Predictions: This could be a tough year for SA companies
The last two years have seen an acceleration in companies’ digital transformation efforts as they enabled hybrid work and explored new channels for reaching and serving customers.