02/13/2023
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.
02/13/2023
The conclusion of the transaction will result in GEPF owning 30% of AWIC for an estimated cash consideration of R2.8 billion.
02/10/2023
Roads and energy infrastructure projects most impacted by funding cutbacks
02/10/2023
Investors instead oversubscribed by a wide margin the last three Treasury bill auctions
02/09/2023
Under a scenario where the economy sufficiently recovers to support GDP growth of 1.1%, Lightstone expects core inflation to climb to 5.5%, with interest rates increasing by 200 basis points.
02/08/2023
The private sector remained the major driver of investment, with planned new projects rising to R193.6 billion, accounting for 78% of the total value of new projects announced in 2022.
02/07/2023
Bankruptcy filings have been on a steep decline over the years despite rising debts and sustained seizures and auctions of distressed properties, exacerbated most recently by the Covid-19 crisis.
02/07/2023
“Business investment in South Africa is on strike until things improve.”
02/07/2023
Aja stated this at the Nairametrics Economic Outlook 2023 Webinar with the theme: 2023 Economic Opportunities to mitigate the impact of headwinds.
02/06/2023
Actis put Java up for sale and sources say it valued the casual dining and coffee chain at $40 million (Sh4.9 billion).
02/06/2023
Kenya Airways leads with the largest market capitalisation shrinkage of Sh98.6 billion to stand at Sh21.7 billion –capturing its valuation on July 6, 2020, when it last traded.
02/06/2023
Market is stagnant and increase in Joburg’s property base is likely to be an attempt by the city to boost its coffers, they say
02/03/2023
Investing directly often requires more knowledge and higher investable funds for one to achieve diversification and risk management.
02/01/2023
Property dealers have attributed the fall to the rising interest rates that deterred prospective buyers and sky-high inflation in the Western world that depressed demand from Kenyans in the diaspora.
02/01/2023
In addition, staff have provided a firefly machine to the Ussher Polyclinic in the Greater Accra Region so that jaundiced neonates could now receive phototherapy treatment at the hospital.
01/31/2023
The rand's weakness reflects domestic growth concerns due to an ongoing electricity crisis, Investec analyst Annabel Bishop said in a note.
01/31/2023
Economists at the Bureau for Economic Research (BER) agree with the SARB’s projections, with the group’s own data pointing to annual growth below 1% for the year.
01/30/2023
Plans must fast be turned into action and SA’s partners in the EU and US have urged government to provide an implementation schedule
01/30/2023
There are 38 banks competing in Kenya’s banking sector, which has seen several mergers and acquisitions since 2016
01/25/2023
Ethiopia is this year set to replace Kenya from position four on the back of easing armed conflict in the nation and the continuation of the ambitious economic reform drive aimed at opening up one of Africa’s fastest-growing but most closed economie