10/17/2019
MWANGI: 35 years on, Equity Bank keeps faith in ‘small customers’
The aspirations and dreams of this youthful population is very different from those of their parents.
Alternative Investments
10/17/2019
How South Africa’s Black Economic Empowerment Initiative Empowered the Powerful
The program was intended to reduce inequality for South Africa’s disenfranchised black citizens by getting big white-owned companies to sell stakes in businesses at a massive discount to eligible black partners.
10/17/2019
NSE records N20bn midweek decline
The premium sub-sector was the most active (measured by turnover volume); with 51.6 million shares exchanged by investors in 847 deals.
10/17/2019
Shariah bank DIB expands with new branch in Eastleigh
The lender targets mainly commercial enterprises, small and medium enterprises and individual customers.
10/16/2019
IMF lowers South Africa’s growth forecast for 2019 to a paltry 0.7%
The IMF’s growth forecast for South Africa solidifies the country’s moribund economy after the World Bank last week also slashed its growth forecast, saying the economy would expand 0.8 percent this year from a 1.3 percent forecast in April.
10/16/2019
Equity’s Pan-African growth plan on course with BanABC takeover
BancABC, officially known as ABC Holdings is a wholly-owned subsidiary of Atlas Mara, which is listed on the London Stock Exchange.
10/16/2019
Afreximbank IPO: African bank confirms plans to list in London
The possible floatation is a rare bit of good news for London’s IPO market, which has struggled with a sharp drop in new listings amid ongoing political uncertainty in the UK.
10/16/2019
PSG interim earnings spurred by Capitec
An interim dividend of R1.64 was declared, representing an increase of 8%, PSG Group said.
10/16/2019
Africa’s top and bottom 5 hospitality investment markets unveiled
Africa hospitality investment expert Wayne Troughton reveals where hoteliers and investors should look to next.
10/15/2019
Use your overseas property investment to get international citizenship
There are all sorts of reasons people are thinking of having an ‘out’, from security and better education to tax benefits and travel freedom.
10/15/2019
Accor showcases future of eco-travel at the iconic Mantis Founders Lodge
Accor commits further to sustainable tourism with their latest initiative in South Africa.
10/15/2019
Why you should stay invested in SA shares
It's true that global markets have significantly outperformed the JSE over the past 10 years.
10/14/2019
World’s Largest Pension Investment Vehicle Eyes Investments in Africa
The agreement that was signed on September 30, will avail unique investment opportunities to GPIF’s asset managers
10/14/2019
Nigeria’s 2020 budget is unsustainable, say analysts
The budget projects revenue at N8.18 trillion in 2020. That’s 7% higher than the budgeted estimates for this year.
10/11/2019
Treasury floats new Sh60bn projects bond
An investor is expected to put in a minimum of Sh100,000, but with subsequent amounts in Sh50,000.
10/11/2019
KCB nears Equity market valuation
KCB’s gain has been linked to the bank’s enhanced dividend payout and an increase in its issued shares by 142.9 million units.
10/11/2019
South Africa is open for business in African countries - Phumla Williams
“South Africa is a multicultural society that promotes interaction among people of different backgrounds.”
10/10/2019
African port development could break investment logjam
Long dwell time for deliveries and high shipping costs turn potential investors away from some African markets
10/10/2019
Special report: A tale of two insurers
This is, of course, not a completely fair comparison.
10/10/2019
Consider your options, as the state eyes your pension
If prescribed assets are implemented, SA pension funds may have to invest a portion of their assets into SOEs with social and economic development mandates.