07/08/2020
Foreign direct investments in East Africa declined in 2019 - report
Inflows to Kenya however dropped by 18 per cent to $1.3 billion compared with $1.6 billion in 2018, despite several new projects in information technology and healthcare.
Alternative Investments
07/08/2020
Investing Offshore: Do you need a foreign will?
Legislation in different foreign jurisdictions may vary substantially with regard to succession, inheritance taxes and validity requirements for the signing of wills.
07/07/2020
Two firms set to list on Rwanda bourse
“The year has not been that bad for us in terms of activities and transactions.”
07/07/2020
Mauritian firm completes Sh1.2 billion acquisition of Saham
The move is second such acquisition by the Mauritian biggest underwriter by market share, marking its expansion into the East African market
07/07/2020
Kenya: Why Equity Bank broke off talks with Atlas Mara
EGH is the parent company of the Equity Bank banking group ($400m in revenues in 2018), the second largest in Kenya and also present in Rwanda, Uganda, South Sudan, Tanzania and the DRC.
07/06/2020
Network International forecasts 17-20% revenue decline in first half
The transition from cash to digital payments remains in high growth across our markets, where recent indicators point to an acceleration in this trend.
07/05/2020
Real Estate sector struggling due to effects of COVID 19
The real estate sector has significantly suffered an economic down turn this year as a result of the Covid-19 pandemic but Maina said they have no plans to audit properties belonging to defaulters.
07/05/2020
This little tax-haven island off England is has become a popular spot for South Africans to invest
Guernsey’s so-called ‘40(ee)’ international retirement plans offer a range of retirement planning and other benefits that make them ideal for internationally mobile South Africans, wherever they happen to be working or living.
07/05/2020
International Banks Eye NSSA’s US$12m Stake In ZBH Takeover
NSSA oversees the national pension scheme and has 66 528 608 shares in ZB.
07/02/2020
State mortgage financier admits IFC, Shelter Afrique
Speaking during the meeting, Mr Oltetia said the financier has applied for a licence to offer mortgage refinance services.
07/02/2020
Foreign investors turn sellers at the Nairobi exchange
Overall, the NSE 20 Share Index ended last week 1.6 percent lower, while the NSE All-Share Index was down 4.7 percent.
07/02/2020
KDIC postpones move to charge premiums to banks on risks undertaken
The KDIC has however retained its planned roll out of an increased coverage limit effective July 1 from Ksh.100,000 to Ksh.500,000.
07/02/2020
CDC, Société Générale take on Africa’s trade finance gap with US$100mn facility
“Our partnership is a significant step closer to narrowing the trade finance gap in the region,” says Admir Imami, CDC’s director of trade and supply chain finance.
07/01/2020
Building resiliency in times of uncertainty (By George Ferreira)
Business resilience remains one of the most important and relevant ways for organisations to bypass legacy challenges and to explore new opportunities
07/01/2020
Nigerian Stock Exchange reviews pension index, introduces new regulations
“The review of the Index was made imperative by the need to ensure that it continues to represent the appropriate benchmark for evaluating the Pension Fund Assets equity portfolios and remain suitable for all market stakeholders,” Mr Babalola
07/01/2020
Deposits payout in collapsed banks raised to Sh500,000
“The new limit will give more protection to depositors in the most unlikely event of a bank failure,” said KDIC chief executive Mohamud Ahmed Mohamud on Tuesday.
06/30/2020
Generational financial planning: Tools for wealth transference
From trusts to business assurance, these tools will ensure the safe transfer of wealth to beneficiaries.
06/30/2020
‘N5trn liquidity from T-Bills, bonds to boost economy’
Because of the way the pension scheme has been run and operated, you would find that from the PENCOM investment regulation, it provides some level of security in and around pension instruments.
06/30/2020
Morocco ripe for investment, says Edmond de Rothschild Private Equity CEO
The economy is taking a hit from the pandemic, with the central bank predicting a 5.2% contraction in the economy this year.
06/29/2020
Mboweni backs calls for pension funds to finance infrastructure projects
Mboweni said Regulation 28 provides guidance to pension funds and similar institutions on their investments. Currently it refers to the investment in immovable property.