07/22/2020
Apart from the ability to find new markets quickly and create diverse revenue streams, the immediate benefits of setting up an offshore company include ease of trade, with the ability to pay suppliers and receive funds in foreign currency without having t
07/22/2020
Many South Africans were faced with a financial dilemma when COVID-19 lockdowns hit.
07/21/2020
15 deals in the Africa Investment Forum’s portfolio, valued at $3.79 billion earmarked to address COVID-19 impacts
07/21/2020
Dr Twinemanzi Tumubweine, the Bank of Uganda executive director for supervision said today that he had neither received a letter from Orient bank nor I&M bank in Kenya about the transaction.
07/21/2020
Nigeria’s Investment Commitment Depreciates to $5.06 Billion in H1, 2020
07/21/2020
At these levels, SA’s entire domestic savings is equivalent to the main budget deficit outlined by finance minister Tito Mboweni in the recent supplementary budget.
07/21/2020
The All Share Index (ASI)- the common value-based index that tracks share prices at the Exchange (NSE) declined from its opening index of 24,287.66 points to close at 24,269.58 points.
07/21/2020
According to the agency, “the ‘AAA’ rating of the AfDB is driven by extraordinary support it receives from its shareholders, which Fitch Ratings assesses at ‘aaa’”
07/21/2020
In Kenya, COVID-19 threatens livelihoods and food security in a nation that is already grappling with the worst locust infestation in 70 years and trying to recover from extensive flooding. Around 27% of households are suffering from food shortages, accor
07/20/2020
The revenue side of the Budget consisting of debt and taxes is largely neglected.
07/17/2020
Stima Sacco first announced the bond plan in 2016, but did not give timelines for the issue after indicating it was seeking regulatory approvals.
07/17/2020
At the same time, portfolio investments, reflecting a record of buying and selling of securities such as bonds and shares, showed a sharp outflow, of 97.6 billion rand in the first quarter compared to inflows of 9.3 billion rand in fourth quarter of 2019.
07/16/2020
The Deals of the Year categories always give a good insight in terms of what is happening on the debt and equity front
07/16/2020
A rating downgrade is significant because it may influence a country’s cost of borrowing in the international financial markets.
07/16/2020
Performance across sectors under our coverage was bullish as three of six indices advanced, one lost, while oil and gas and AFR-ICT indices remained unchanged.
07/16/2020
Microfinance borrowers from Zanaco will also be able to have a savings account, he said.
07/15/2020
The decline in secondary bond turnover can be attributed to investors’ preference to hold safe assets at the moment due to the uncertainty in the market affecting the performance of riskier asset classes
07/15/2020
According to the award citation, the Awards Review Committee was impressed by its strategic vision, disciplined execution and solid competitive positions of its investee companies and subsidiaries. Receiving the award on behalf of the company.
07/15/2020
These talks were on the back of an ANC proposal, which leaked in mid-May, to amend Regulation 28 of the Pension funds Act to allow for greater investment in public infrastructure spending.
07/14/2020
It also listed a Sh5 billion five-year medium-term unsecured note on the Nairobi Securities Exchange (NSE) in 2013, maturing in September 2018.