10/21/2020
South Africa has run out of money
Many experts slammed this plan as a “wish list of imaginary blessings” and the recycling of old and failed policies.
Alternative Investments
10/21/2020
Africa Re picks Dubai for Middle East expansion
Africa Re is said to have more than ten years of experience in offering Retakaful products that are Sharia-compliant and vital for Takaful companies to meet their business needs.
10/20/2020
South Africa Has the 5 Most Valuable Brands in Africa, No Nigerian Coy Made the Top 20
The other Nigerian companies that made the list aside Glo Mobile (25th) are: Nigerian Breweries (28th), Dangote Cement (42nd), Zenith Bank (45th), Access Bank (51st), United Bank of Africa (54th)
10/20/2020
Co-op Bank named Kenya's best lender in 2020
It is the third time in a row the financier is being recognised as the Best Bank in Kenya by EMEA Finance
10/20/2020
Patricia Sarfo: The role of rural banks in Ghana’s future economic development
The importance of developing the rural economy in a sustainable manner has become even more evident following the impact of Covid-19.
10/20/2020
Fitch forecasts 10.5% fiscal deficit for Ghana in 2020
Fitch forecast the cash deficit to narrow to 7.1% of GDP in 2021 and to 6.0% in 2022, but a failure to consolidate following the December 2020 presidential election is a key risk to its projections.
10/20/2020
Baring Emerging Europe hopes frontiers tilt will draw investors
Also lacking widespread investor appeal, BEE has seen over a third of its shares fall in the hands of City of London Investment Management and Lazard.
10/20/2020
How to rescue your retirement – Magnus Heystek
They invariably were the doctors, lawyers, dentists and virtually anyone else who was self-employed.
10/19/2020
What you should know before cashing out your pension in South Africa – and what it will cost you
Govender said that you can only cash out your pension fund if you withdraw from the fund – in other words, when you resign or lose your job.
10/19/2020
African Development Bank’s second virtual business opportunities seminar of 2020, draws 250 global partners and suppliers
In an opening address, Valerie Dabady, a Manager in the Bank’s Resource Mobilization and Partnerships Department, welcomed participants, highlighting the opportunities the seminar provides to external partners eager to know more about the Bank&r
10/19/2020
KGL Group receives ‘Most Outstanding Customer Award’ from Stanbic Bank
The KGL Group has received “The Most Outstanding Customer Award” from the Management of Stanbic Bank Ghana Limited.
10/19/2020
Sanlam partners with Robeco to achieve sustainability goals
Robeco has 17 offices worldwide and has $174bn in assets under management, of which $161bn is committed to ESG integration (June 2020).
10/19/2020
Zambia heading for showdown with bondholders
The southern African nation isn't making it any easier for bondholders to give it breathing space.
10/19/2020
South Africa tops OMFIF’s Absa Africa Financial Markets Index
Nigeria, Botswana and Namibia round off the top five. Nigeria has relatively liquid markets, while Namibia and Botswana enjoy a high concentration of domestic assets from pension funds.
10/18/2020
Don’t build your retirement home with bricks
Locally, only government bonds still look attractive on the basis, and only if we ignore the ‘junk’ rating and our country’s dire financial position.
10/16/2020
Kenya drops four places in investment attraction ranking
The report, a product of Absa Group and Official Monetary and Financial Institutions Forum, rates countries based on six pillars including market depth, access to foreign exchange and market transparency.
10/16/2020
Standard Chartered and Experian drive financial inclusion
The success in India meant that Standard Chartered is now able to improve risk management for more clients who previously would have been underbanked.
10/16/2020
Momentum and Absa to fund share programme for black staff
The shares will be held by the iSabelo Trust, which is being set up to manage the transactions.
10/16/2020
Libya Business Council and Sahel-Sahara bank discuss cooperation and investments in Africa
The Sahel-Sahara bank has fourteen banks distributed within African countries through which it conducts the banking and financial activity, as well as supporting development paths and investment projects within Africa.
10/16/2020
INSTANDA Launches Cyber Insurance Product in Africa
INSTANDA is headquartered in the UK with offices in the U.S., Chile, Japan and Australia, and operates in 13 countries and with over 60 clients across all insurance lines and distribution channels.