03/29/2019
NPS-Swavalamban Scheme: Pension, Minimum Investment, Other Key Details Here
NPS (National Pension System)-Swavalamban is a pension scheme designed to secure the future of the people who are economically disadvantaged.
Alternative Investments
03/29/2019
Micro-Pension Will Save Hard Working Nigerians From Old Age Poverty
The Nigerian informal sector constitutes an estimated 69 million workers, representing about 88 percent of the Nigerian workforce without pensions and safety nets for their old age.
03/28/2019
Grit of Mauritius Plans Bond Offering to Fund African Expansion
After completing deals in Ghana and Mozambique worth $123.2 million last year, Grit is now looking for investment opportunities in Botswana, Ghana, Kenya and the Indian Ocean islands of Mauritius, Reunion and Seychelles.
03/28/2019
Santam CEO sees total remuneration halve in 2018 financial year
Lize Lambrecht’s total remuneration of R16.6m for the year included a guaranteed package of R5.5m, a bonus of R6.9m and long-term incentives of R4.2m
03/28/2019
Alexander Forbes ready to ditch insurance arm
“A new owner will be able to continue its success and fuel future growth through additional investment.”
03/28/2019
500 Startups MENA fund achieves final close of $33m
The final US$33 million close comes two years after a first one at US$15 million, and exceeds 500 Startups’ initial target of US$30 million.
03/28/2019
Exploring the role of Private Equity in Africa’s infrastructural projects
As part of its activities, MiDA is organising a delegation to Africa with US institutional investors
03/28/2019
Africa Investment Forum partners commit to drive investments to Africa
Development Bank of Southern Africa Chief Executive Officer, Patrick Dlamini, said it was time for the forum to demonstrate leadership and show the world that a lot is possible in Africa.
03/27/2019
Firms bid for Islamic insurance
According to a report by Ernst & Young, the global Takaful market was estimated at $15 billion by 2018.
03/27/2019
Funding Africa’s infrastructure: What are the viable options?
Statistics by the International Monetary Fund show that Sub-Saharan Africa was facing a pronounced rise in public debt averaging about 57 per cent as at the end of 2017,
03/27/2019
Mozambique Plans Sovereign Wealth Fund to Manage Gas Revenue
Companies including Eni SpA and Anadarko Petroleum Corp. are developing gas discovered nine years ago in deep waters off the coast of Mozambique, one of the world’s poorest countries.
03/26/2019
How We Recorded N2.4tn Growth On Pension Assets In Two Years – PenCom
The security of pension assets remains a significant indicator of the effectiveness of the CPS
03/26/2019
EOH continues to slide on profit warning
EOH, which has shed 13.05percent of its value in five days, fell nearly 10percent in early trade yesterday before closing 3.84percent
03/25/2019
Take more savings offshore, money managers urge SA investors
Increasingly, financial advisers are recommending that SA investors take as much of their discretionary investments out of the country as they can.
03/25/2019
Bad investments leave pension fund with shortfall of R583bn
This gap might ultimately have to be plugged by under-pressure taxpayers.
03/25/2019
Global investor services provider SGG Group rebrands as IQ-EQ
Our new name unifies our brands under a unique and vibrant new identity. It bonds our staff under one promise: global technical expertise combined with a deep understanding of the needs of our clients.
03/24/2019
Second-round M-Akiba bond issue a letdown again
It was a three-year bond with a coupon rate of 10 per cent paid semi-annually and a tax-free status in line with other infrastructure bonds.
03/22/2019
Govt assesses feasibility of raising monthly pension payouts
He acknowledged that the current payouts were not enough to sustain pensioners, looking at the economic situation.
03/22/2019
SARB report shows direct investment growth from R26.8 to R70.7 billion from 2017-18
South Africa’s direct investment liabilities, however, reverted from an inflow of R28.7 billion in the third quarter of 2018 to an outflow of R8.2 billion in the fourth quarter.
03/22/2019
Kenyan family enterprises turn to PE funding
The audit firm said that focus on long-term value generation, succession and professionalisation of family businesses are the key drivers for families seeking external funding.