Wednesday, 26 April 2017

Category: Finance

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  • Rand slides on Standard & Poor credit rating cut

    Rand slides on Standard & Poor credit rating cut

    The rand fell more than 2 percent on Monday to its weakest in almost three months after S&P Global Ratings cut the country’s credit score to sub-investment grade with a negativ ...

  • WorldRemit to set up Nairobi office

    WorldRemit to set up Nairobi office

    The UK-based money transfer company said that the Nairobi office will focus on growing the WorldRemit brand and setting the stage for cross-border mobile money transfer services wi ...

  • African focused investment firm wins big in Angola

    African focused investment firm wins big in Angola

    African focused investment firm Quantum Global Group have been announced as the winners of the Global Banking and Finance Review award for Best Investment Company Angola 2016. The ...

  • Dollar loses 14-year peak

    Dollar loses 14-year peak

    The dollar stepped further away from a 14-year peak against a basket of currencies on Thursday, as investors locked in gains from its two-month-old rally after Donald Trump won the ...

Rand slides on Standard & Poor credit rating cut

Rand slides on Standard & Poor credit rating cut

The rand fell more than 2 percent on Monday to its weakest in almost three months after S&P Global Ratings cut the country’s credit score to sub-investment grade with a negati ...

Read More »
WorldRemit to set up Nairobi office

WorldRemit to set up Nairobi office

The UK-based money transfer company said that the Nairobi office will focus on growing the WorldRemit brand and setting the stage for cross-border mobile money transfer services w ...

Read More »
African focused investment firm wins big in Angola

African focused investment firm wins big in Angola

African focused investment firm Quantum Global Group have been announced as the winners of the Global Banking and Finance Review award for Best Investment Company Angola 2016. The ...

Read More »
Dollar loses 14-year peak

Dollar loses 14-year peak

The dollar stepped further away from a 14-year peak against a basket of currencies on Thursday, as investors locked in gains from its two-month-old rally after Donald Trump won th ...

Read More »
The primary purpose of a business plan

The primary purpose of a business plan

The primary purpose of the business plan is to guide you in successfully setting up and operating your small-and-medium enterprise business. A business plan is a formal statement ...

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SA rand stronger after decisions by rating agents

SA rand stronger after decisions by rating agents

South Africa's rand firmed to near three-week highs against the dollar and yields on government bonds fell on Monday after rating agencies Fitch and Moody's affirmed the country's ...

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Why credit ratings matter and why they can’t be ignored

Why credit ratings matter and why they can’t be ignored

Two of the world’s major ratings agencies, Moody’s and Standard & Poor’s (S&P), will release their credit ratings reviews of South Africa shortly. The third one, Fitch, is ...

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IMF tips African countries to cut arrears

IMF tips African countries to cut arrears

The International Monetary Fund (IMF) said African exporters of oil, and commodities should remove subsidies and boost taxes to curb slowest economic growth in more than two decad ...

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Ecobank to close nine branches in Kenya by April 2017

Ecobank to close nine branches in Kenya by April 2017

Pan-African lender Ecobank will be closing nearly a third of its branches by end of April next year as it seeks to push business through digital channels. Ecobank said the downsca ...

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Ecobank secures $310 million AfDB trade finance support

Ecobank secures $310 million AfDB trade finance support

The African Development Bank (AfDB) has approved a $310 million trade finance loan for Ecobank Transnational Incorporated, parent company of the Ecobank Group. AfDB said the facil ...

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