Monday, 19 February 2018

Category: Markets

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Loan growth for Barclays Africa slow down

Loan growth for Barclays Africa slow down

Barclays Africa’s loan growth slowed slightly in the third quarter from the first half due to a flat retail lending environment in South Africa. “Our revenue growth slowed slightl ...

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SA rand stronger after good CPI data

SA rand stronger after good CPI data

South Africa’s inflation fast-tracked to above the upper end of the central bank’s target band in September, climbing less than expected and reinforcing policy makers’ decision to ...

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South Africa, Kenya agree on investment cooperation

South Africa, Kenya agree on investment cooperation

Investment South Africa (ISA) and its counterpart, the Kenya Investment Authority (KenInvest), have signed a Memorandum of Understanding (MoU) on investment co-operation. The MoU ...

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Jacob Zuma to hold trade talks with Uhuru Kenyatta

Jacob Zuma to hold trade talks with Uhuru Kenyatta

President Zuma is expected to hold a series of bilateral meetings with President Uhuru Kenyatta. South African President Jacob Zuma on Tuesday received a 21-gun salute at State Ho ...

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Egypt’s inflation drops to 14.1 percent

Egypt’s inflation drops to 14.1 percent

Egypt's annual urban consumer price inflation eased to 14.1 percent in September, from an eight-year high of 15.5 percent in August, the official statistics agency CAPMAS said on ...

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SSP celebrates most successful year in Africa

SSP celebrates most successful year in Africa

The leading global provider of general insurance technology systems and solutions continues to expand its African insurer customer base, and has announced one go-live and four new ...

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Africa’s economic growth stagnant – World Bank

Africa’s economic growth stagnant – World Bank

A fresh World Bank report says economic growth in sub-Saharan Africa is likely to slip to 1.6 percent this year, its lowest level in two decades. The bank said the weakening is du ...

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MTN relegated to junk status

MTN relegated to junk status

International ratings agency S&P has downgraded MTN to junk following increased risk to it on the back of trouble in Nigeria. MTN has not commented, save to alert the market o ...

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Kenya’s economy increases by 6.2 percent in second quarter

Kenya’s economy increases by 6.2 percent in second quarter

Kenya's economy expanded by 6.2 percent in the second quarter of 2016 compared to 5.9 per cent at the same period last year, the Kenya National Bureau of Statistics has announced. ...

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Edcon chips in to help Edgars Zimbabwe

Edcon chips in to help Edgars Zimbabwe

Edcon has supported Edgars Zimbabwe with guarantees for $7.2 million (R98.6m) in interest bearing loans and borrowings after the Harare unit sank to a $0.3 million loss for the ha ...

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