11/14/2019
“This is the next evolution of where we are going,” said Hayden Reinders, the chairman of the Association for Savings and Investments South Africa’s hedge funds standing committee. “We want to create awareness that a hedge fund is
11/14/2019
South African Rand is the most traded currency in Africa in terms of daily volume
11/14/2019
The kinds of behaviour it will reward include the use of cards rather than cash, responsible borrowing and saving.
11/13/2019
The Principles aim to create a financial sector that serves people and the planet while delivering positive impacts and improving people’s quality of life
11/13/2019
One Zimbabwean dollar is currently worth around six US cents.
11/13/2019
Declared reserves and equity funds form the core capital for banks.
11/12/2019
Some of the sector players, were in disagreement arguing the move would see customers incur a higher tax burden that would wipe out their winnings as well as eat into the amount they had put in the bet.
11/12/2019
For this reason, they say that the NCCI is in talks with banks and other financial lenders to ensure that members of the chamber and SMEs receive these credits lenders seamlessly and in good time.
11/12/2019
The company, which has been operating in Uganda for close 92 years, reiterated its commitment to the country’s growth and economic development under the Absa brand.
11/12/2019
Unlike most central banks in the world, the South African Reserve Bank (SARB) is privately owned.
11/12/2019
The two entities have different competencies and propositions. We will go bank to the regulator about the model. Closing the brand comes with downsides because it is not automatic all customers will remain
11/12/2019
Agreements for intended financing signed at African Investment Forum
11/12/2019
Following the mass license revocation, SEC published a list of the outstanding fund management companies on its website.
11/11/2019
Russia is no stranger to Africa.
11/11/2019
How they maneuverer to sustain growth while minimising fiscal risk will largely determine whether they all get home in one piece.
11/11/2019
The inclusion of CBR in the formula for determining cost of loans, however, left CBK hamstrung, blunting its ability to alter cost of loans without hurting the wider economy through change in the price of credit.
11/11/2019
Only one in three women in Africa’s most populous nation currently has an account, development body says
11/11/2019
Financial fundamentals and sustainability considerations will also be key to attracting the project financing required to develop recent discoveries
11/11/2019
By the conclusion of the conference last Thursday, the total amount committed by corporates was R363 billion and excluded an additional R8 billion was still subject to regulatory or board approvals.
11/08/2019
Moses Ikiara, KenInvest managing director, said the agency held “positive discussions” with Interior Secretary Fred Matiang’i with a view to developing a framework to ensure the vetting is watertight and free from abuse.