05/23/2019
DTB books Sh60 million gain in Habib acquisition
In accounting terms, a bargain purchase gain arises when assets of a particular entity are acquired for a cost that is less than what its assets can fetch when sold at open market.
Alternative Investments
05/23/2019
Africa has big potential for Jersey
The Government of Jersey is also aware of the potential and actively working to build links.
05/22/2019
CBK partners with five banks to support SMEs
The second roll will involve 10,000 traders who will be registered by Stawi agents during the second round of tests for the app.
05/22/2019
African start-ups aim high, harsh realities temper hopes
"Africa is rising, yes, but it's also 54 countries, so what that really means is 54 different challenges,"
05/22/2019
Old Mutual Partners Real Estate Firm
“Insurance products are not readily adopted, owing to a number of reasons ranging from economic challenges, lack of access to insurance services and negative cultural perception of insurance, amongst others,”
05/22/2019
Botswana’s formal employment grows by 1.6% year-on-year
About 19.1 percent of women were unemployed compared to 16.3 percent for men.
05/22/2019
Seven things to consider when transacting in Africa
Investors usually do not mind a challenge, but they have no affinity for uncertainty.
05/21/2019
Carlyle Co-Founder Sees Emerging Markets Yielding ‘The Greatest Reward’ in the Coming Years
Rubenstein argued the worst has passed when it comes to issues negatively affecting the appeal of emerging market economies – such as commodity price declines, corruption and a lack of transparency, as well as the dearth of viable deals.
05/20/2019
Bond Notes Are Not US Dollars, South African Business Mogul Mzi Khumalo Sues RBZ $132m Loss Between US Dollars And RTGS$.
Bond Notes originally traded at par with the U.S. dollar but their value has since collapsed on the black market.
05/20/2019
Fintechs, CBN collaborate to drive agency banking
Speaking at the summit, the Deputy Governor, Financial Systems Stability, CBN, Mrs Aishah Ahmad, reiterated the apex bank’s commitment to the successful implementation of agent banking in Nigeria.
05/17/2019
Kenya sells third $2.1bn Eurobond
The two tranches are priced at 7.0 percent for the 7-year tenor and 8.0 percent for the 12-year tenor.
05/17/2019
Investec’s Fani Titi grapples with crises in its two largest markets — SA and UK
Theresa May is facing increasing pressure to quit as prime minister, setting the scene for more political drama that may further cloud the economic outlook.
05/17/2019
Nigerian journalist Oluseyi Awojulugbe Wins APO Group Invitation to Attend the African Development Bank’s 2019 Annual Meetings
Awojulugbe Oluseyi Serah (25) is a senior business reporter with Nigeria's independent online newspaper TheCable Newspaper.
05/16/2019
SA companies aren’t reaping the benefits of asset management, says Alusani® Course Leader
At a foundational level, leadership and management are the fundamental building blocks of the asset management pyramid.
05/16/2019
Renaissance Capital restates commitment to Africa
In the closed-door 1:1 meetings, between top global and local investors from across the globe, 30 corporate representatives are able to discuss investment opportunities in Nigeria and other fast-growing economies on the African continent.
05/16/2019
Kenyatta, Kagame push for digital transformation of Africa
President Kenyatta said that African states must ensure that technology is not used as a medium of propagating social vices such as division, classism and ethnicity but rather as a tool to solve problems.
05/16/2019
South Africa firms beat US in deals targeting Kenya
The UK remained Nairobi’s largest source of foreign investment with a Sh217.84 billion portfolio despite registering a Sh3.44 billion drop from 2016’s value, the statistics show.
05/16/2019
Treasury opens sale of third Eurobond in five years
The announcement shows that investors interested in the bond will be required to give a minimum of $200,000 (Sh20 million).
05/15/2019
The impact of Regulation 28 on returns
Have investors been missing out?
05/15/2019
Capital markets: Funding Africa’s future
Africa has long had a fraught relationship with the capital markets – can the continent put that difficult history behind it and, crucially, fund the next stage of its development?