03/10/2021
This award represents clear support to the operational strategy that the African Development Bank has been pursuing under the able leadership of its President, Dr. Akinwumi A. Adesina, unanimously re-elected for a second consecutive five-year term as head
03/09/2021
HFW's team advising Chedid Capital comprised Costas Frangeskides, Alex Kyriakoulis, Nick Hutton, William Reddie, Daniel Li and Katherine Noble.
03/09/2021
Despite this negative outlook, the financial industry will not be the biggest casualty of the ongoing crisis, even if the worst of the shock is yet to come.
03/05/2021
According to FNB, economic strain and the expiry of temporary credit relief measures impacted some customers, resulting in non-performing loans increasing by 26%.
03/05/2021
The sale, however comes at a time when investors are tipped to demand higher rates on government paper, given the large deficit for the fiscal year combined with below-par revenue performance.
03/05/2021
The latter represents a source of a common shock for both Government and non Government issuers.
03/04/2021
The loans would be issued through local banks which would be partly reimbursed for defaults alongside collateral provided by SMEs.
03/04/2021
“We are establishing strategic forums to engage academic institutions, the business sector and civil society, which will assist our short, medium and long-term goals of revitalising the Bellville CBD.”
03/04/2021
The framework agreement consists of an uncommitted credit line of €40 million provided by the ODDO BHF AG to the EBID under which individual loan agreements could be concluded.
03/03/2021
There was a rise in demand from local investors, with foreign investors in turn cashing in on the gains to reverse the net sales they had made in January.
03/03/2021
“In particular, the UAE is everywhere and dominant,” he said. “It’s been especially aggressive through strategic investors,” he said.
03/03/2021
Profitability has been resilient to the weakened operating environment
03/03/2021
Series of 6 virtual roadshows joined by over 60 prominent businessmen, trade officials and other stakeholders from a wide range of economic sectors in East Africa, West Africa and Southern Africa
03/03/2021
Proactive cost management saw total costs decline by 6.55%, resulting in the group’s cost-to-income ratio improving by 3.85% to 70.48% (2019: 74.33%).
03/02/2021
Marc Holtzman, chairman of one of the largest financial institutions in Zimbabwe, CBZ Holdings Limited, discusses how Africa could offer trade and investment opportunities for Middle Eastern businesses
03/02/2021
This is the first time that Kigali is hosting the African hub of a non-Rwandan financial group.
03/02/2021
Annual inflation in Zimbabwe in January rose to 362,6% – the first increase in six months.
03/01/2021
SBNA will act as a “permanent capital fund” aiming to attract investors who take a long-term view on Africa
02/26/2021
Old Mutual SuperFund offers a range of pooled investment options to cater for the varying risk profiles and philosophies of participating employers and members, and allocations span active and passive strategies.
02/26/2021
For the first time, a media-shy Motsepe expanded on his vision for African soccer’s future and articulated the potential policies