09/29/2015
Old Mutual Zimbabwe chief executive declared the 2014 Chartered Secretary of the Year.
The runner-up was Hwange Colliery finance manager Gift Sibanda.
Alternative Investments
09/29/2015
NIKO Insurance becomes Sanlam General Insurance
Sanlam is a respected financial services group with footprint in 12 African countries outside South Africa, as well as in India, Malaysia, the USA, UK and Australia.
09/29/2015
Standard Bank: Pension fund admin shifting to banks
Banks that have scale and market penetration can help to bring costs down by integrating functions that would usually have been outsourced.
09/29/2015
African Development Bank pushes for universal access to energy in Africa
50% of those are women and children, as the bank’s President Akinwumi Adesina explains.
09/28/2015
Investors challenge Abil’s sale of insurer
The unit offers credit life insurance to customers who obtain African Bank loans.
09/24/2015
US$100 Million Grofin SGB Fund launched to support SME in Africa
The GroFin Small and Growing Businesses Fund aims to support over 9,800 under-served entrepreneurs and help create 47,000 sustainable jobs across Africa over the next 10 years.
09/24/2015
Ghana Explores a Return to International Bond Market
Ghana’s bond issuance plans form part of its efforts to stabilize its finances, even as the fall in commodity prices continues to undermine its efforts.
09/24/2015
Family Bank gets nod to raise Sh10b from market
The bank says the transaction will be by way of public offer of debt securities by the bank.
09/24/2015
The top broker of the year
GT247.COM is the Top Stockbroker of the Year, surging from a tie for third last year to displace Standard Online Share Trading/ Stockbroking from the top spot.
09/23/2015
CFC stanbic bank partners with seedstars world to find the best startup in kenya
The local entrepreneurs will receive additional support from CfC Stanbic Bank Kenya.
09/23/2015
African Renewable Energy Fund raises $200 million
The fund aims to invest between $10 million and $30 million in 10 MW to 50 MW power projects
09/21/2015
New ad campaign for Old Mutual humanises fund investment
This integrated marketing campaign encourages customers to think about whether their money is in the right hands.
09/18/2015
Seven-man Committee to Manage Abia’s Bailout Fund
The committee is therefore expected “to take a second look at these outstanding salary claims
09/17/2015
Investec Says Divisional Performance Mixed But Outlook Still Robust
Investec said its wealth and investment and asset management arms are now expected to post results for the full year
09/17/2015
Old Mutual targets Nigerian properties
Old Mutual Investment Group is looking to invest R250m-R500m acquiring properties in east and West Africa.
09/16/2015
RMI targets black-owned asset managers
RMI CEO Herman Bosman said this was part of plans to diversify its holdings beyond Discovery, MMI, OUTsurance and RMB Structured insurance.
09/15/2015
GroFin Launches Fund to Support Growth of Small and Growing Businesses in Africa
The GroFin SGB Fund seeks to address the different market barriers faced by African entrepreneurs with an integrated solution of patient growth finance, tailored business support, and access to markets.
09/14/2015
Barclays-backed RainFin says lending model has Ferrari potential
Loans have more than doubled in the past year by tapping the needs of small businesses.
09/12/2015
Somalia:The Somali Stock Exchange trades its first shares
The Somali Stock Exchange has already made history by becoming the first ever stock exchange to operate inside Somalia.
09/11/2015
Capitec powers ahead of its peers
Capitec’s fiscal full-year profit to February rose 26 percent