08/24/2022
Big business sounds the alarm over escalating cost of SA debt
CEO Cas Coovadia warns that SA’s fiscal position is tight
Alternative Investments
08/23/2022
Discovery launches new discretionary fund manager
Cogence, the new company, will make BlackRock’s Aladdin Wealth technology available to SA financial advisers for the first time
08/22/2022
Tshisekedi chairs SADC but banks on East Africa for trade, security
The summit was themed on economic development and industrialisation of the bloc including transformation of agricultural production and the processing of minerals, an indication of the potential of DRC.
08/18/2022
Standard Chartered Enhances Fixed Income Offering
With the Fractionalized Eurobonds, more clients can enjoy regular coupon payments, stable cash flow, and easy access to the principal value of their investment at maturity.
08/18/2022
Unity Bank targets underbanked women in Yanga campaign
The product targets women entrepreneurs in the Micro, small and medium enterprises
08/18/2022
Insurance in South Africa Market to Witness Huge Growth by 2028 : Capitec Bank, Clientele, Discovery Life
Understanding the segments helps in identifying the importance of different factors that aid the market growth.
08/16/2022
Nigeria-based Pastel picks $5.5M to help African businesses manage and maximise efficiency
The company is working on developing more productivity and finance management features and tools around group savings, loans, and payments that will help SMEs scale as well as ease their day-to-day activities.
08/12/2022
AXA posts N44.97b gross premium
The underwriter also explained in the financial report that the company’s total assets of N119.78 billion, up 15per cent from N104.06 billion as of December same year
08/10/2022
Admitting new entrants into Nigeria’s tier-1 banks
In Nigeria, Tier 1 banks are the fulcrum of its finance and economic system.
08/09/2022
Strategic Risk Solutions expands in South Africa with acquisition of Southern Cross
This acquisition enhances our substantial team in South Africa and is aligned with our continued global expansion.
08/09/2022
Nigeria, three others top World Bank debtors’ list
This debt is different from the outstanding loan of $486m from World Bank’s International Bank for Reconstruction and Development.
08/09/2022
African Development Bank to launch public financial management academy to build capacity in African countries
The training, technical assistance and policy dialogue delivered by the academy will cover upstream and downstream issues in the public financial management cycle, tailored to the specific needs of African countries.
08/08/2022
Investec has a R2 million budget for the private protection of its executives
The South African Police Service (SAPS) latest crime statistics showed a rise in violent crimes across the country.
08/08/2022
Access Bank to boost small businesses in Nigeria with $280 million DFC financing
DFC financing for Access Bank will provide needed liquidity given the global economic downturn caused by the COVID-19 pandemic.
08/05/2022
Kenya private sector activity shrinks for fourth straight month in July -PMI
Kenyans will vote on Aug. 9 to elect a new president, local authorities and legislators
08/04/2022
Apex Group closes transformative acquisition of Sanne
The addition of Sanne brings another 2,500 people into the Group and adds six new locations in Denmark, Japan, Serbia, South Africa, Spain and Sweden.
08/03/2022
Old Mutual Nigeria introduces Education Protection Plan
"Investing in an education plan is an intelligent way of ensuring your child gets the best education possible without the exigencies of life interrupting their learning process."
08/02/2022
Nigerian Equity Market Rebounds By N379bn
Multiverse Mining & Exploration followed with a gain of 9.94 per cent to close at N1.88, while UCAP rose by 9.90 per cent to close at N11.10 per share.
08/01/2022
FBN Holdings records N359.2bn gross earnings in 6 months
The Group remains committed in its transformation drive, which has resulted in stronger balance sheet and better asset quality with non-performing loans closing at 5.4 per cent at H1 2022.
08/01/2022
The property trend among South Africa’s middle class – despite economic pressure
Goosen said the latest TransUnion Consumer Pulse Study for the second quarter of this year showed that 56% of consumers said they were likely to default on at least one of their bills and loans in the next three months.