02/11/2021
Commenting on the launch of Mauritius Finance, the Hon. Mahen Seeruttun highlighted that a communications cell has been developed to ease the interactions among the local financial services sector as well as overseas.
02/09/2021
The partnership includes a minority investment by Brown Advisory in CrossBoundary Group, and initiatives for both firms to collaborate on a global basis
02/08/2021
NSE is replacing the Multi-Protocol Label Switching network that has been used since 2011 with the Software-defined Wide Area Network (SD-WAN) supported by Safaricom.
02/08/2021
He said a significant number of customers had come to appreciate the role of insurance in their everyday life, which increased the claims paid.
02/08/2021
The growth underscored the company’s resilience amid the COVID-19 pandemic, as it continued to launch innovative solutions and invest in rewarding partnerships.
02/08/2021
“The key area of regulatory concerns were the rise in unfunded RSAs.
02/05/2021
PenCom said RSA holders may transfer their accounts from one Pension Fund Administrator to another once in a year, in line with Section 13 of the Pension Reform Act 2014.
02/04/2021
The big question is; how should small investors get involved in private markets?
02/03/2021
The bank’s financial inclusion activities is in line with the mandate of the Central Bank of Nigeria (CBN) to ensure the availability of affordable financial products and services to individuals
02/03/2021
The Bank is providing Attijari Bank of Tunisia with an unfunded risk-sharing guarantee of 50 per cent on a loan to Enda Tamweel, the leading microfinance institution in the country.
02/02/2021
In a letter, dated 29 January 2021, S&P Global Ratings noted the Bank’s $115 billion capital increase, approved by its shareholders in October 2019
02/01/2021
Ultra-low interest rates don’t only affect the rates you earn on a savings account, but also drag down returns from other low-risk investments in the money market and bonds.
02/01/2021
AfCFTA is a key pillar for the region's economic recovery and the world's largest trade agreement, spanning a market of 1.3 billion people and a gross dpmestic product of $3.4 trillion.
01/29/2021
Kenya seeks G20 Sh32bn debt holiday extension
Central Bank of Kenya governor Patrick Njoroge said an announcement extending the debt service waivers may come in April.
01/29/2021
South African agency now withdraws Fidelity Shield Insurance ratings
The Business Daily could not reach Fidelity Shield by press time over the withdrawal.
01/28/2021
Old Mutual to finalise BI claims
South African insurer Santam has also announced that it has started the process of assessing and processing claims for all commercial policies with contingent business interruption extensions in addition to those covered by its Hospitality & Leisure d
01/28/2021
Investors Stake N7.32bn On Positive Trade
All Sectorial indices closed in tandem with the ASI save for the Oil and Gas sector which lost 0.12 per cent as ASEM closed flat.
01/28/2021
Old Mutual Hints At Signicant Drop In Headline Earnings
The pan-African investment, savings, insurance, and banking group has seen its operations disrupted by COVID-19 pandemic lockdowns across the region imposed to curb the spread of the virus.
01/27/2021
This is a positive development as the inclusion of Mauritius and Morocco, two of Africa’s better-rated issuers, will improve the overall credit quality of the ABABI, which now captures close to 90% of the outstanding amount of African sovereign loca
01/27/2021
A major step we have taken to help reduce the spread of the Covid-19 virus is the introduction of pre-authorisation approval notification, aimed at reducing the wait-time at hospitals