NewsSouthern Africa

Mon,21Jan2019

Southern Africa

South Africa finance minister's IMF trip eases fears over his future

South Africa Finance Minister Nhlanhla Nene, left, delivers the annual South Africa budget speech to Parliament in Cape Town, South Africa, Wednesday, Feb. 25, 2015.Photo: AP Photo/Schalk van ZuydamSouth Africa's finance minister is traveling to Indonesia for an International Monetary Fund (IMF) meeting, the Treasury said on Tuesday, a statement that may soothe markets a day after a media report that he had asked the president to sack him.

Read more...

South Africa banks: ITV - Capitec Bank

CapitecCapitec Bank, the growing rival to the ‘big four’

Read more...

South Africa banking: start-up shake-up

 

monoliths of the South African banking landscape: Absa; Standard Bank and First National Bank. Photo: Mike Hutchings/ReutersSouth Africa is 'a marketplace without boundaries', says PwC, and new niche players are limbering up to compete with the country's top banks by offering digital, lower-cost financial services

Read more...

Mining firms say Zambia's tax hike plan would ruin economy

Zambian workers constructing a new $300 million copper smelter in Chingola, Zambia, in this Wednesday, Dec. 13, 2006 file photo. Photo: JOSEPH SCHATZ/AP/SIPAZambia's proposed mining tax increases would hobble Africa's second biggest copper industry, companies said on Thursday, a further warning to investors already concerned about the country's mounting debt.

Read more...

Finance: Opportunity knocks again

 

Getty imagesBank profits are growing as many of the big international financial institutions pull out of the continent to reduce their risks. But as they grow, will local banks be able to turn away from the easy money of buying government bonds in order to finance factories, farmers and fintech?

Read more...

Marriott International to increase its Africa hotels by 50 pct by 2023

Steve Helber/AP/SIPA  Marriott International plans to increase its hotels in Africa by 50% in the next five years, opening new facilities in markets where it already operates and venturing into new ones like Mozambique, the company said on Monday.

Read more...

Page 9 of 590

Subscriptions Digital EditionSubscriptions PrintEdition

FRONTLINE

NEWS

POLITICS

HEALTH

SPORTS

BUSINESS

SOCIETY

TECHNOLOGY

COLUMNISTS

Music & Film

SOAPBOX

Newsletters

Keep up to date with the latest from our network :

subscribe2

Connect with us