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Alternative Investments

07/14/2016

JSE part of plan to link African exchanges

Once those four exchanges have been successfully joined, the network will grow to include other African exchanges.

07/14/2016

MTN targeting financial services, say analysts

As the traditional telco business continues to decline and new services with resultant business models emerge

07/14/2016

Access Bank wins ‘best bank transformation’ award

The awards which took place on Wednesday at the Tower of London, United Kingdom was attended by over 500 CEOs and senior executives

07/14/2016

South Africa's pension fund injects cash into cheaper home loans

SA Home Loans has been the lender of choice for many government employees over the years

07/14/2016

Ecobank Wins 2016 Euromoney ‘Best Bank For CSR,’ Other Awards

The ceremony was attended by a delegation from Liberia, as well as over 500 CEOs, senior executives of winning institutions and members of the Euromoney team.

07/14/2016

CfC Stanbic to trade Yuan as it eyes increased Chinese business

The bank also plans to take advantage of the fact that most traders experience currency losses after being forced to convert money into other currencies to get the yuan.

07/13/2016

Islamic finance widens footprint in Maghreb nations

Another welcome effect of a broader and modernised Islamic finance industry would be the opportunity for foreign investors from Arab states to directly invest in Algeria with less hassle.

07/11/2016

African Development Bank leads on $1.34bn loan for South Africa's electricity future

The funds, with the bulk drawn from nine commercial banks, will be steered towards utility Eskom to augment its electricity infrastructure.

07/08/2016

Saudi’s Sedco Capital to manage new MENA Ucits Fund

The new fund is being launched as Saudi Arabia begins to open its economy to non-Saudi investors.

07/06/2016

SA households ‘overwhelmed’ by financial stress, survey finds

Another worrying indicator is the finding that fewer homeowners are paying additional lump sums into their bonds.

07/04/2016

How much it costs to move to Mauritius

The low tax rates encourage business formation and naturally appeals to retirees.

07/04/2016

CDH Balanced Fund posts 18% returns as directors waive fees

Subsequently, the fund has a returned 17.57 per cent in the first seven months (June – December 2015) of operation

07/03/2016

Rand gets boost from Brexit and gold miners rejoice

There is a growing belief that the US Federal Reserve may have to postpone any further rate increases until 2018

07/01/2016

Rates likely to be held steady as credit growth dips

Slower growth in credit extension, lower-than-expected inflation, the recent rally in the rand and tepid economic growth support unchanged interest rates in July.

07/01/2016

UMB Capital set to lead investment management in Ghana

This move forms part of the bank’s commitment to provide better and innovative products and services to its clientele.

06/30/2016

Motsepe firm, ooba merger before Tribunal

In this merger application, the Competition Commission has proposed a separation of board members involved in three of the firms affected by the merger.

06/30/2016

Tanzanian Tycoon Said Salim Bakhresa To Invest $30 Million In Zimbabwean

BRI, which manufactures bread flour and stock feed, had been battling cash flow problems and was struggling to repay loans it owed to a consortium of Zimbabwean banks and trading partners.

06/30/2016

Senegal Issuing Second Sovereign Sukuk

The proposed deal is backed by the assets of the international airport.

06/29/2016

Dubai hotels welcome African and Chinese middle-class tourists

African and Chinese middle classes are heading to the UAE

06/29/2016

Gwadabe - BDCS Should Have a Role in New Forex System

If you fly into the country at 2am, at the airport, you will not meet any bank that is open for you to do your transaction.

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