08/21/2019
Moyo, for his part, claims his relationship with Old Mutual chair Trevor Manuel started to deteriorate after he pointed out that a company, which Manuel chaired, stood to benefit financially from the group’s massive restructuring.
08/20/2019
The minister said Zimbabwe also expected the Paris Club, whom it owes 2.8 billion U.S. dollars, to forgive part of the debt.
08/19/2019
Money managers blocked by regulator from taking new funds
08/19/2019
That's tying up as much as nine billion cedis (S$2.3 billion) of investments, more than a third of the 25 billion cedis in assets that private fund managers oversee for retail and institutional investors.
08/19/2019
The two lenders had committed to inject into the firm $100.51 million (Sh10 billion) and $250 million (Sh25 billion) respectively.
08/19/2019
Zimbabwe imported US$6,3 billion worth of goods from international suppliers in 2018, down 1,9 percent since 2014, but up 26,1 percent from 2017 to 2018 while the country shipped US$4 billion around the world in the same period.
08/19/2019
The IMF doesn’t see a balance-of-payments problem in South Africa, which means there’s no need for IMF support
08/19/2019
Morningstar said that the rand could weaken against the US dollar due to foreigners selling local bonds.
08/16/2019
The disclosure highlighted the level of distress in the industry, as a number of the east African nation's 24,000 mortgage holders, according to the Central Bank of Kenya, struggle to service their loans.
08/16/2019
The structure was linked to a R9.35bn loan extended by the PIC to Lancaster Group, a BEE investment vehicle, to buy Steinhoff shares.
08/16/2019
Regulator probes 21 fund managers for allegedly flouting rules
08/16/2019
Expanding pension coverage to the informal economy remains a top priority for the Ministry
08/16/2019
Zimbabwe authorities plans to lower interest rates from 50%
08/15/2019
Part of the dialogue was about understanding Africa and helping build an entrepreneurial presence on the continent.
08/15/2019
Starting in August and continuing over the coming months, each recipient will be provided with personalised support aimed at helping them scale up into "significant companies of R500m-plus in value
08/15/2019
The NSE 20-Share Index, which has remained stuck at a 10-year low for the three weeks, was unchanged in Tuesday’s trading.
08/15/2019
There are reasons to be more optimistic, the Credit Suisse analysts said. They expect some appreciation in the rand, while predictions about South African economic growth are overly pessimistic.
08/14/2019
The office is expected to be fully operational by 1 October 2019.
08/14/2019
When are profits enough and when does the well-being of bank employees, their clients and the country as a whole, begin to override this atavistic and never-ending quest for more?
08/12/2019
Speaking at a pan-African Trade forum in Lagos, they identified other barriers to trade as poor infrastructure, lack of trust and different payment systems.