02/28/2022
The Kingdom of Morocco is following with concern the evolution of the situation between the Russian Federation and Ukraine
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Comment, Analysis & Research
02/22/2022
Multiple bank accounts fall as clients cut costs
A 2019 study by advocacy firm FSD Kenya found that the cost of running a bank account in Kenya ranges from Sh845 to Sh17,750 per annum.
02/22/2022
Tanzania, Uganda, and South Africa are the top African markets for remittance inflows in Kenya
The data from CBK showed that the cumulative inflows for the 12 months to January totalled $3.778 billion (Sh427 billion) compared to $3.113 billion (Sh351.4 billion) in the same period in 2021, a 21.4 per cent increase.
02/22/2022
Here are the 5 richest individual investors on the Ghana Stock Exchange in 2022 (ranking by billionaires.africa)
The document ranks Businessman Daniel Ofori the richest investor on the Ghana Stock Exchange, with an investment portfolio worth $28.7 million and assets spread across five listed companies.
02/21/2022
Assad Abdullatiff, Axis: Mauritius is an ideal jurisdiction for the establishment and administration of philanthropic structures
He emphasises that Mauritius offers not only the right legal vehicles to accommodate philanthropic ventures but also a number of other advantages through its conducive business ecosystem.
02/18/2022
5 amazing facts about East Africa’s tallest building owned by the Commercial Bank of Ethiopia
The tower cost an estimated 303.5 million USD and was built by Chinese construction giant China State Construction Engineering Corporation.
02/16/2022
10 predictions for what could lie ahead for South Africa in the 2022 budget speech
This has been exacerbated by the civil unrest that occurred in South Africa in July last year which has impacted business.
02/16/2022
Ramaphosa's economic plan a blueprint for privatisation of SOEs - EFF
The EFF has slammed Ramaphosa for his comments that the private sector should lead job creation.
02/15/2022
Insurance firms earned N630.36bn, paid N238.05bn claims – NAICOM
NAICOM said the total asset of the underwriting companies in 2021 was N2.14tn while net claims paid was N238.05bn.
02/15/2022
African banking tycoon Tony Elumelu shares his Top 7 rules for success
He's an economist by training, a visionary entrepreneur and a philanthropist.
02/14/2022
These South Africans are not going back to the office full-time: FNB
The longer-term rising work-from-home and work-from-anywhere trends will resume in the coming year
02/14/2022
National Insurance Commission Seeks Insurance Cover for Intervention Funds
Others are group life insurance cover by all employers of labour for all their employees where there are more than three persons; Annuity for retirees as provided under the Pension Reform Act 2014 as an option among others.
02/14/2022
International Bank Issues Alert on Kenya's Debt Crisis
Servicing the loan also takes 43 per cent of the country's revenue in form of taxes.
02/11/2022
1% VAT hike likely after grant extension: economists
Schultz said he expects the government to focus on planning a sustainable replacement for the R350 grant over the coming year, with an implied 1% increase in VAT in 2023.
02/11/2022
South African economic recovery deemed fragile by IMF
The economic recovery is deemed fragile, as it was accompanied by worsening unemployment, weak bank lending to the private sector and anaemic private investment.
02/11/2022
The most important message for businesses in Ramaphosa’s SONA: Nedbank
Ramaphosa stressed that it was the state’s role to ‘create an environment in which the private sector can investment and unleash the dynamism of the economy’.
02/11/2022
State capture: how the rot set in and how the project was rumbled
Corruption is fighting back ….
02/11/2022
Worst of pandemic loan defaults over for banks, says Moody’s
The agency has projected the non-performing loans (NPLs) ratio to fall from December’s 13.1 per cent to around pre-pandemic levels of 12 per cent.
02/10/2022
Business Talk – FNB CEO Jacques Celliers discusses the future of banking in South AfricaThe Banking Industry in Egypt 2021
Celliers talks about the exciting awards FNB has recently won – including Best SME Bank in South Africa and Africa at the Global SME Finance Awards,
02/10/2022
The Future of Money: Gearing up for Central Bank Digital Currency
By Kristalina Georgieva, IMF Managing Director Atlantic Council, Washington, DC