05/10/2018
Pension funds’ Q1 returns rise to five-year high
The market has, however, struck a slower note in the second quarter of the year, having ceded ground in April following a correction of share prices amid profit taking by investors.
Alternative Investments
05/09/2018
Qatar commits to fund Zim projects
President Mnangagwa yesterday morning held private talks with Qatar’s Minister of Defence Dr Khalid bin Mohamed Al Attiyah before touring the Supreme Committee for Delivery and Legacy, the body which is masterminding Qatar’s projects for hosti
05/09/2018
African Guarantee Fund targeting capital of $500 mln by 2021
“We need a lively SME sector to play the role of the economic growth engine.”
05/08/2018
Government must come out with alternative retirement plan - Prof. Bokpin
His comments come on the back of a recent altercation between some pensioners and the Ministry of Finance over delays in the release of their pensions for the month of April.
05/07/2018
Kaduna, Lagos, 9 Others Begin Pension Remittance Into Workers’ RSA
Moreover, Zamfara, Kebbi and Rivers states are only remitting employee’s portion while Imo, Benue, Kwara, Bauchi and Niger states are states with remittances from self-funded agencies.
05/07/2018
Mozambique has available funds to diversify the economy
The European Union and the World Bank have chosen rural development, particularly forestry, and the growth of the agricultural sector as priorities in their development aid strategies.
05/04/2018
Africa needs $170bn annually to meet infrastructure requirement
“This will help it to meet the infrastructure gap,’’ he said.
05/03/2018
Wiese-linked Stellar Capital sells off Cadiz
Cadiz has been sold to Cape Town-based wealth management business Warwick, which is headed by former Appleton prime mover Ian Kilbride
05/03/2018
Ganduje settles N12bn pension in 3 years
On the agitation of the labour union for salary increment, Ganduje said, government has already submitted a memo to the tripartite committee on the national minimum wage constituted by the Presidency.
05/03/2018
SSNIT assures workers of prosperous retirement
He said management has employed organizational efficiency, good technology, effective leadership and sound investment strategies to ensure workers’ social protection.
05/02/2018
Momentum launches online roll-out of new personal loans platform
It also represents Momentum’s maiden foray into consumer lending and could be the first step towards offering transactional banking.
05/02/2018
AfDB | Cairo to Cape Town road boosts cross-border economies
Magufuli said the Dodoma-Babati road will improve the lives of people living in Tanzania and neighbouring countries.
05/01/2018
Why Uhuru’s recent visit to UK was important to Kenya’s economy
A notable decline was also recorded in value of imports from Italy at 5.7 per cent.
04/30/2018
Mozambique cracks open its cashews to boost the economy
Government looking to help the curved, nutrient-packed nut to recover its past glory
04/30/2018
Spreading the African Dream
Africapitalism is not difficult to understand.
04/30/2018
Municipal workers pension fund wants millions of rand back from investment firm
The former official at SALA – a municipality fund with close to 20,000 members and boasts assets worth R16 billion – also allegedly received an SUV as a gift for securing the deal.
04/27/2018
Who is Sanjeev Gupta? India-born businessman set to buy second bank in UK
With this deal, the 46-year-old founder of industrial group Liberty House looks to expand the financial services assets in his global business empire, Reuters reported.
04/27/2018
Angola's sovereign wealth fund says to remove Quantum Global as asset manager
Quantum Global could not immediately be reached for comment.
04/26/2018
Explore alternative sources of funding pension schemes - Bawumia
ice President Bawumia said this at a high-level stakeholders meeting on unification of the pension schemes in the public sector, in Accra on Wednesday.
04/26/2018
Global sukuk to grow 15%-20% in 2018, says Franklin Templeton
While growth has tapered in Islamic finance in general over the past two or three years, Kronfol attributed this to the high base of rapid expansion seen in the industry in the past 10 to 15 years.