Tuesday, 17 October 2017

Category: Markets

Feed Subscription
  • World Bank upholds South Africa’s economic growth

    World Bank upholds South Africa’s economic growth

    The World Bank today maintained South Africa’s economic growth this year at 0.6% despite citing that economic activity expanded at a faster-than-expected rate in the second quarter ...

  • China-SA host small business enterprises fair

    China-SA host small business enterprises fair

    South Africa will co-host the China International Small and Medium Enterprises Fair (CISMEF) which aims to unlock markets for small businesses and cooperatives. The 2017 edition of ...

  • Sun International strives to cut its debt

    Sun International strives to cut its debt

    JSE-listed hotel and gaming group Sun International plans to pare down its debt and boost its balance sheet in the year ahead after having made a number of significant investments ...

  • fastjet renews growth plans

    fastjet renews growth plans

    fastjet Plc will begin flying from Mozambique this year and expects to start internal South African services in 2018 as it renews growth plans put on hold as losses mounted. With t ...

Volkswagen grabs back global sales lead

Volkswagen grabs back global sales lead

German carmaker Volkswagen bested Toyota in global sales in the first half of 2016, despite an emission cheating scandal that had threatened to engulf VW, sales results showed on ...

Read More »
Global capital fuelling African property markets

Global capital fuelling African property markets

Despite Africa’s slowdown; property developers and private equity funds continue to pour investment into the continent, but with more focused strategies. “Over $1,2 billion has be ...

Read More »
Kenya Airways posts a yearly loss of $262 million

Kenya Airways posts a yearly loss of $262 million

Kenya Airways, which operates under the logo "The Pride of Africa", has reported a net loss of $262 million for the financial year ending March 2016. The loss came at a time when ...

Read More »
East African central banks to rebrand forex reserves

East African central banks to rebrand forex reserves

The Eastern African Community (EAC) central bank governors agreed on the policy of increasing east African foreign exchange reserves to guard against risks facing the region’s eco ...

Read More »
Economists talk about rate-hike cycle in South Africa

Economists talk about rate-hike cycle in South Africa

Economists warned on Wednesday that South Africa’s rate-hike cycle could be coming to an end amid the threat of the first recession in seven years, while others said the Reserve B ...

Read More »
Nigeria inflation rises to its highest in 11 years

Nigeria inflation rises to its highest in 11 years

Nigeria inflation moved to the highest rate in almost 11 years in June, complicating the task of the Central Bank of Nigeria (CBN). The National Bureau of Statistics based in the ...

Read More »
Zambia kwacha extends gains in the financial market

Zambia kwacha extends gains in the financial market

The Zambia kwacha extended its gains to more than 2.5 percent against dollar to a seven-week high boosted by tight liquidity and as companies sold dollars to pay salaries and taxe ...

Read More »
Investment fund company to invest millions in Africa

Investment fund company to invest millions in Africa

Vantage Mezzanine Fund III has invested R200 million (US$13.7 million) in a black industrialist business New GX, a leading 100% black-owned investment holding company in South Afr ...

Read More »
South Africa and India strengthen bilateral trade ties

South Africa and India strengthen bilateral trade ties

Bilateral trade relations between South Africa and India were strengthened on Friday when the two countries signed around six Memoranda of Understanding to strengthen bilateral tr ...

Read More »
SA companies must explore port opportunities in Tanzania

SA companies must explore port opportunities in Tanzania

South African companies should explore opportunities in Tanzania’s roads, rail and port infrastructure development projects, says South Africa’s High Commissioner to Tanzania, Tha ...

Read More »
scroll to top