Business

Tue,19Jun2018

Business

Gupta banker Baroda quits South Africa

September 2010L Atul Gupta is seen outside magistrates courts in Johannesburg. Photo: AP/SIPAThe Bank of Baroda, which became embroiled with the Guptas, scandal-ridden businessmen friends of President Jacob Zuma, has announced plans to exit South Africa, the central bank said on Monday.

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Nigeria's planned $2.5 bln Eurobond to help lower government cost

Nigeria Finance Minister Kemi Adeosun speaks with Chancellor of the Exchequer Philip Hammond in Washington, Oct. 14, 2017. Photo: Jose Luis Magana/AP/SIPAA proposed $2.5 billion Eurobond to refinance some of Nigeria's treasury bill portfolio will not increase its overall debt stock but will help lower cost, the Debt Management Office (DMO) said on Friday.

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Brazil in Africa: 'We need to reinvent ourselves'

João Bosco Monte President, Brazil Africa Institute - Credit: Carlos Silva/Mapa
Bosco Monte is working to revive the interest of Brazilian companies in Africa, a continent that was once a key priority in Brazil’s foreign trade and investment policy

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Kenya's mobile banking pioneer: 'We need to focus on the customer experience'

 

MOSMWANIKI

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mobile money has been a lot more successful than mobile banking, says the fintech chief at Kenya’s KCB Group, who is looking to partner with tech giants in the US and Asia to offer more services.

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Russian fertiliser tycoon to boost sales in Zimbabwe, Zambia

 A young girl looks at Gushungo Holdings' cattle from one of Robert Mugabe's farms, at the Harare agriculture show in Harare, Aug. 30, 2007. Photo: AP/SIPARussian fertiliser producers Uralchem and Uralkali plan to boost sales in southeast Africa, their co-owner Dmitry Mazepin said on Thursday, after meeting the leaders of Zimbabwe and Zambia.

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ITW: Jubril Adewale Tinubu, CEO Oando: We all got a bit heady with $100 oil

ubril Adewale Tinubu, Group Chief Executive, Oando, Nigeria - Credits: Benedikt von Loebell/World Economic Forum:
After reshuffling a debt mountain that had become untenable in the face of low oil prices, Oando has found a way to survive the crash by focusing on the higher end of the market

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Elsie Kanza, Head of Africa, World Economic Forum

 
 

Elsie KanzaAfrican leaders assembled last May in South Africa to discuss growth models to ensure that the continent can adapt to demographic and technological changes. This interview with Elsie Kanza took place ahead of the WEF conference, in 2017.

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