03/01/2023
Record ETF flows set the tone for 2023
In South Africa, the range of ETFs available to investors continues to grow and this growth is expected to continue against a background of easing regulations.
Alternative Investments
03/01/2023
One of South Africa’s most important industries is having a good start to 2023
More interventions will also help to prevent theft and vandalism and resolve legal issues regarding locomotive procurement.
02/28/2023
Expand into Africa with a solid network foundation
In a digital world, this means ensuring high-performance, low-latency, secure and reliable connectivity wherever branch offices are being opened, and enabling centralised visibility, management and support.
02/27/2023
Businesses prepare for grid collapse in South Africa
Over the course of last year, MTN deployed more than 2,000 generators to counter stage four and higher load-shedding.
02/24/2023
Good news for first-time home buyers in South Africa
Ahead of the budget, property group Seeff called for the house price threshold for exemption from transfer duty to be increased as it had been at R1 million for more than two years.
02/23/2023
Morningstar Announces Finalists for 2023 Morningstar Fund Awards – South Africa
The awards recognise those funds and asset managers that have served investors well over the long term
02/22/2023
Mauritian firm acquires ailing lender Real People
The company, however, misappropriated the funds by wiring it to its South African parent firm, leading to a default on the outstanding sum of Sh1.3 billion owed to bondholders
02/22/2023
Good news for anyone who owns a property under R5 million in Cape Town
Cape Town Mayor Geordin Hill-Lewis said the measures are being put in place to ease the pressure on households due to the rising cost of living in the country.
02/21/2023
How payslips will look after new NSSF deductions
Kenyans earning Sh18,000 a month will, for instance, see their new taxable pay fall to Sh16,920 after the Sh1,080 NSSF deduction.
02/20/2023
BlackRock, Standard Chartered join talks at new debt roundtable
Participants include officials from creditor countries China, India, Saudi Arabia, the United States and other wealthy Group of Seven democracies
02/20/2023
Africa: Wanted - an African As World Bank Chief
But as always, elections will come and go; the swindled voters and their problems will always be here to provide material for researchers interested in finding out why a bird born in a cage thinks flying is a disease.
02/17/2023
Another stellar outing for the DMO
Demand was strong across most maturities as reflected by the total sales-to-offer ratio of 2.1x.
02/16/2023
Interest rates in South Africa nearing the peak: experts
In the most recent Monetary Policy Committee meeting, the central bank decided to only increase short-term interest rates by 25 basis points, which may be seen as a signal that the hiking cycle is reaching an end.
02/16/2023
Equities Market Maintains Bullish Trend With N6bn Gain
It was followed by Linkage Assurance with 7.14% gain and a closing price of N0.45k then Consolidated Hallmark Insurance 4.62% to close at N0.68k.
02/14/2023
South Africa on the cusp of an R18 billion energy boom
South Africa’s recent policy push towards renewable energy sources, alongside the failings of the national power utility Eskom has made an ideal climate for the battery storage market to thrive.
02/14/2023
Forex reserves dip to 10-year low amid debt repayments
This emerged in a period when the country was expected to repay foreign debts estimated at Sh63 billion, according to the World Bank tracker of public debt.
02/14/2023
Rand weakens through R18/$ for first time since November
Outlook for inflation and interest rates worsens as the currency dips
02/13/2023
OPEC Fund, Africa Finance Corporation sign $50m loan to finance infrastructure development
The loan doubles the OPEC Fund’s commitment to AFC following an initial $50m 10-year loan provided in January 2021
02/13/2023
Vivo firms grip on Kenya market with Engen deal
The number of Engen fuel stations in Kenya remains undisclosed but the oil marketer’s footprint is mainly concentrated in Nairobi.
02/13/2023
Big jump in petrol prices expected for March
Global markets were in risk-off mode last week amid concerns that the continued strength in the US labour market could result in the US central bank keeping their policy interest higher for longer.