06/18/2021
De Villiers said the transaction balanced appropriate solutions for AF Life clients, ensuring both a seamless transition for its employees to Sanlam Life Insurance and benefits to shareholders.
06/18/2021
Central banks of developed countries such as the United States of America, the United Kingdom, Germany and other European countries, keep part of their reserves in the precious metal as a store of value and buffer for their currencies.
06/18/2021
The incipient recovery in economic activity is projected to take root and broaden among sectors, with GDP growth expected to reach 2.5 percent in 2021.
06/18/2021
It is important to get the balance between giving workers relief and also ensure the sustainability of pension funds so that when workers retire they have sufficient funds to take care of them.
06/18/2021
"Investors also liked that the issue was limited to $1 billion and that Kenya just struck a deal with the IMF," the banker added.
06/18/2021
After almost three years, FirstRand has found that the scale of the unbanked businesses is much larger than it thought, Jesse Weinberg, head of the small to medium-sized enterprise (SME) customer segment at FirstRand's retail division FNB, said.
06/17/2021
Gigantic diamond found in Botswana could be the world's third-biggest ever
The stone was discovered at Jwaneng, the world’s richest mine by value, which is undergoing a $2 billion expansion.
06/17/2021
Banks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025).
06/17/2021
MTN and Dangote retained their status as the most admired African brands.
06/15/2021
Deal is in line with ‘the company’s strategy and stated intention to dispose of its insurance cluster’
06/15/2021
The announcement is a welcome boost to support the long-term development objectives of African economies that have been negatively impacted by the crisis
06/15/2021
The agreement aims at boosting trade development across the country’s agriculture, energy, healthcare, and private sectors over a period of five years
06/15/2021
Investor interest for this sophomore eurobond issue was global, including the UK, the US, Europe, the Middle East, Asia and Africa, achieving a 3.6x oversubscribed order book, of over $1.3 billion at its peak.
06/14/2021
A Kangaroo bond is a foreign bond issued in the Australian market by non-Australian firms and is denominated in Australian currency
06/11/2021
The accelerator will also serve as a pipeline to grow women fund management talent by creating entry opportunities in established asset management firms.
06/10/2021
The retreat will enable the government and the IFC to look at ways to align the government’s post-COVID-19 response plan with the IFC’s country strategy.
06/10/2021
Jubilee Allianz has partnered with several financial firms to provide premium financing, giving SMEs the room to pay in instalments.
06/08/2021
Colman also discusses the the rollout of the Adjudication of Road Traffic Offences (Aarto) Act and its impact on the insurance industry.
06/08/2021
The company also gave a dividend payout of 2.5kobo, representing N331.3 million for the 2020 financial year, which was appreciated by the shareholders.
06/07/2021
The company has launched $5mn Series A for expansion in Africa