08/19/2016
Financial services: Surprises from life
Even Liberty’s rock-solid individual arrangements business had an 18% fall in earnings.
Alternative Investments
08/18/2016
This suburb in South Africa has seen property prices rise by a staggering R2 million over the past year
The average sales price is up considerably, from just over R4.9 million for the previous 12-month period to about R6.3 million, Seeff said.
08/18/2016
Iress publishes half year result with profit increase
The reported results of South Africa and the United Kingdom were negatively impacted by foreign exchange movements during the half.
08/18/2016
Insurer rebrands to Sanlam Kenya, eyes more product offerings
This is over 100 times that of PAIHL by close of 2015 (Sh8.64 billion).
08/16/2016
Islamic finance putting farming business on a firmer ground
The structure allows the seller of the specified goods in terms of quality and quantity to undertake to deliver the same at an agreed future date against the upfront payment of the full price.
08/16/2016
Norway-Backed Fund on Hiring Spree in Africa Finance Venture
Arise will start operating in January with investments in 20 African countries and enough funding to be able to reach almost $1 billion of assets within five years, said Deepak Malik, the southern African head of Norfund.
08/15/2016
Rwanda: Germany to Increase Support to Rwanda to €75 Million
Other areas of support are decentralization and good governance, economic development and Public Financial Management reform.
08/15/2016
Stanbic IBTC to Float New Exchange Traded Fund
The NSE Pension Index monitors the top 40 most capitalised and liquid companies in the market.
08/15/2016
Nigeria, South African firm seal N224.17b agric, real estate deal
The aim of the agreement is to improve Nigeria’s food security and promote rural economic development to capitalise on the growing opportunities that the Nigerian agricultural industry provides.
08/15/2016
Tanzania: Social Security Funds Told to Hasten Job-Creation Reports
It was high time they also restored the region's former position as a hub of factories in the country.
08/15/2016
Rockcastle aims for even direct and indirect investment split
The company originally owned shares in various other property stocks but has been investing directly in built properties and developments, with most of its attention being on Poland, one of the faster growing economies in Europe.
08/12/2016
Dealwatch Africa: Retail retains its African attraction
An initial round of equity financing totalling around EUR 60 million will be completed after customary conditions precedent are met.
08/10/2016
As Kenya Prepares to Float a Green Bond, Here's What It Is
The bond will be floated following collaboration between the Kenya Bankers Association (KBA) and the Nairobi Securities Exchange
08/09/2016
Roche, Old Mutual Partner on Insurance Product for Terminal Illnesses
Lack of funding was identified as a major contributor to the high mortality rate, as patients are unable to pay for adequate care, often resulting in financial catastrophe for many middle income families.
08/09/2016
Kenyan banks set for first bond to fund green investments
The collaboration between the KBA and the NSE is in line with the Exchange’s commitment to develop sustainable capital markets through the United Nations-led Sustainable Stock Exchanges Initiative.
08/09/2016
South Africa’s Richest Man Buys Stake in Diamond Miner Trans Hex
The company’s shares were halted from trading on Aug. 5 pending the offer.
08/08/2016
Ivory Coast Issues Second Sukuk
The sukuk represents Ivory Coast’s second sukuk after an issuance last year.
08/08/2016
Fewer foreigners buying SA property
What had changed from 2014 onwards was slower global house price growth.
08/01/2016
Realty Africa registers 100 developers
We got investors from every continent as we speak.
08/01/2016
Mauritius' largest fund administrator opens doors in S.A
The firm will offer its services to South African private equity, hedge and mutual funds.