06/03/2024
The Africa Investment Forum will hold follow-up roundtables focusing on the role of technology in enhancing project bankability and development.
06/03/2024
These returns underscore Fidelity Banks immense value as a stock for all times, helping investors to hedge against inflation while preserving significant long-term value.
05/31/2024
The increased trading activity dominated the day’s trade with the exchange recording 32 gainers and 12 losers.
05/30/2024
This decision follows significant increases in the MPR at the previous meetings in February and March
05/30/2024
Additionally, the oil sector made a significant contribution with a 5.7% y/y expansion.
05/30/2024
In 2023, ADFD played a key role in a UAE-led initiative worth Dh16.5 billion
05/29/2024
On an industry-specific level, the financing, insurance, real estate and business services; and unclassified industries saw the most closures.
05/28/2024
South Africa employs an inflation target band of 3–6 percent for the headline Consumer Price Index (CPI), as calculated by Statistics South Africa (Stats SA).
05/28/2024
Due to a rise in interest rates, savings become more valuable, therefore motivating South Africans to put more money away and spend less.
05/28/2024
This is no different for South Africa’s most prominent banking CEOs.
05/24/2024
The rand had an average exchange rate of 23.54 to the pound over the period, up from 20.45 in FY23.
05/24/2024
For over a decade, the non-passage of the Petroleum Industry Act and inconsistent policies had driven investments away.
05/23/2024
Once it has passed the tests, OM Bank will fully integrate into the National Payments System.
05/23/2024
In a challenging economic climate, traditional banks often provide minimal interest on savings, using the funds to generate profits for themselves.
05/23/2024
Dr. Akwensivie who is also a valuation and estate surveyor, legal practitioner and researcher, indicated that real estate in Africa is fast developing due to dynamics such as changing tastes, advancement in technology and access to finance.
05/23/2024
The Johannesburg-based money manager said he became more bullish on South African stocks about two months ago
05/22/2024
The sales outcome in May is the lowest made so far this year.
05/22/2024
The m/m growth in distributed revenue also marks the largest increase in gross distributions since the 20% m/m gain in Nov ’23.
05/21/2024
Adesina further highlighted the resilience of African economies, “despite the challenges posed by climate change, geopolitical tensions, global inflation and rising debt, among others.”
05/20/2024
Additionally, although the signing of the controversial bill impacted South Africa’s JSE-listed hospitals, the lack of growth in medical aid is a growing concern.