Thousands of South African Airways (SAA) workers will find out on Monday what shape a re-imagined version of the airline will take, when its ... business rescue practitioners (BRPs) are to publish a long-awaited rescue plan.
Financing from the International Monetary Fund and a successful eurobond issue look sufficient to ward off the “Sword of Damocles” hanging ... over the Egyptian pound. In this second part of our series on the impact of COVID-19 on Egypt, we examine if its reserves are strong enough to prevent a currency crisis.
Kimberly Reed, the President and Chairman of the Board of Directors of the Export-Import Bank of the United States (EXIM), explains how Congress ... has given her institution the mandate to take on Chinese exporters on behalf of US businesses.
The Public Investment Corporation (PIC), the biggest fund manager on the continent, is rebalancing its listed portfolio and has reduced its shareholding ... in Pretoria Portland Cement Company (PPC), South Africa’s largest cement producer.
Egypt, with one of the largest economies in Africa, also has one of the largest populations at nearly 100 million. The social and economic hit ... it has taken from the coronavirus is beginning to become more apparent. In the first part of our series on the impact of COVID-19 on Egypt, we look to see if its banks are strong enough to weather the pandemic slump. The challenge is to increase their lending to the private sector, and especially small business.
Kasada Capital has attracted $500m in equity housed in the Kasada Hospitality Fund through which the company plans to deploy capital in 10 key ... cities, including Johannesburg and Cape Town, and around Sub-Saharan Africa.
After Ghana discovered oil and gas in 2007, the government and civil society aspired to avoid the “resource curse”. This is when countries ... have an abundance of non-renewable natural resources but no economic growth.