12/08/2014
The Board of SIM Capital Alliance Limited (SIMCAP) has announced the buyout of Sanlam Investment Management’s (Sanlam) ownership interest in SIMCAP by African Capital Alliance Holdings Limited (ACAHL).
12/08/2014
A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focusing mainly on life insurance and pensions, in the face of mature markets and strong competition at home.
12/08/2014
The International Forum on Islamic Finance (IFIF Sudan 2014) is being convened on the 9th and 10th of December 2014 at the Al Salam Rotana, Khartoum, and will feature high-profile discussions that will seek to capture the Africa opportunity for Islamic fi
12/05/2014
Sirius Real Estate has completed its fast track, secondary listing on the Alternative Exchange (AltX) of the Johannesburg Stock Exchange.
12/05/2014
Kenya’s $2 billion of bonds due June 2024 yielded 5.89 percent at 5:21 p.m. in London.
12/05/2014
A South African listed property fund is continuing its push into the Australian market, adding two NSW industrial properties to its portfolio of Australian assets.
12/04/2014
South Africa, despite having one of the strongest economies on the continent, has not been able to join that trend.
12/03/2014
As part of its efforts to help Nigeria meet her infrastructure deficit estimated at $3.9 trillion, the Security and Exchange Commission has said it wants to develop the Nigerian bond market to reach that height over the next 30 years.
12/03/2014
SA’s largest retirement fund administrator, Alexander Forbes, is looking for low-value acquisitions in the rest of Africa and has tasked one of its senior staff with looking for "nonorganic" growth opportunities on the continent.
11/30/2014
China is being urged to boost support for South Africa’s industrialisation “by investing in the development of science and technology, agro-processing, mining and mineral beneficiation, renewable energy, finance and tourism”
11/30/2014
The JSE's kudu horn, which signals the listing of a new company, has been blown more frequently this year than in recent history, but has the fanfare been worth it for investors?
11/28/2014
Shanduka Group said its proposed merger with Pembani Group will continue once the exit by South African Deputy President Cyril Ramaphosa from the company he founded is completed.
11/28/2014
One Re Ltd., the first reinsurer approved under Britain’s “twin peaks” system of financial regulation, said it’s seeking clients across 38 African countries in the next year as growth outpaces developed regions.
11/28/2014
South Africa’s failed African Bank Investments Ltd. remains on course for an initial public offering early next year
11/27/2014
As part of the implementation of its annual bond issue programme, the West African Development Bank is launching a bond loan issue of XOF 40 billion through a public offering from 1 to 19 December 2014.
11/27/2014
The European Union Wednesday in Abuja committed 40 million euros to launching two projects aimed at achieving economic integration and attracting private sector investments for West African states.
11/27/2014
This follows the Group’s acquisition of Provident Life Assurance in 2013.
11/27/2014
Mr Simon Dornoo, Managing Director of the GCB Bank Limited, on Wednesday said the bank had made significant progress since it embarked upon a transformational programme in 2010 to strengthen its balance sheet in terms of liquidity and capital.
11/27/2014
Frank Cadiz, co-chief executive officer of Cadiz Asset Management, said he’s offering 5 rand for preference shares in African Bank Investments in a bid to recoup losses he incurred when the lender collapsed.
11/26/2014
One Re Ltd., the first reinsurer approved under Britain’s “twin peaks” system of financial regulation, said it’s seeking clients across 38 African countries in the next year as growth outpaces developed regions.