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Bridge City public-private partnership leads to economic transformation
In his Budget Speech 2018, South African Finance Minister...
PwC comments on proposed 1% VAT rate increase
The Minister of Finance announced in his Budget speech...
National Treasury to assist state-owned companies
South African National Treasury will assist state-owned companies (SOCs)...
SA government to spend ZAR57 billion on free higher education
Government will spend ZAR57 billion on free higher education...
South African budget deficit to narrow by 3.5%
South African Finance Minister Malusi Gigaba says government expects...
GDP growth expected to be 1.5% in 2018
South Africa’s Gross Domestic Product (GDP) is projected to...
Illovo Sugar Africa positive economic impact estimated at ZAR23.8 billion
Illovo Sugar Africa today, 21 February 2018, announced that...
Glencore funds from operations up 49%
Our performance in 2017 was our strongest on record,...
Kwesé and iflix seal deal in sub-Saharan Africa
iflix and Kwesé, have announced an expansion of their...
South Africa gears-up for 2018 Budget Speech
Malusi Gigaba, South African Finance Minister will, today, 21...

Business

IFC and AFRICA CEO FORUM partner to stimulate private investment across Africa

Wednesday, November 8th, 2017

IFC and AFRICA CEO FORUM partner to stimulate private investment across Africa

IFC, a member of the World Bank Group and a global development institution focused on the private sector in emerging markets, becomes co-host of the AFRICA CEO FORUM. The next edition of the international meeting dedicated to the African private sector will take place on 26 to 27 March 2018, in Abidjan, Côte d’Ivoire. The

African Equity Empowerment Investments revenue increased to ZAR1 052 million

Tuesday, November 7th, 2017

African Equity Empowerment Investments revenue increased to ZAR1 052 million

For the year under review, revenue for the Group was exceptional, with outstanding operating profits and asset growth, due to the strong contributions from all the underlying operations and investments. The consistent increase in earnings and asset...

SAA seeks new strategic equity partner

Tuesday, November 7th, 2017

SAA seeks new strategic equity partner

South African Airways (SAA) is looking at getting a strategic equity partner to provide capital for the airline, says South African Finance Minister Malusi Gigaba. “We will continue to have discussions about the strategic equity partner for...

Afreximbank launches Guarantee Programme to unlock financing challenges in Africa

Tuesday, November 7th, 2017

Afreximbank launches Guarantee Programme to unlock financing challenges in Africa

The African Export-Import Bank (Afreximbank) on 6 November 2017 in Sal, Cape Verde, launched a new guarantee programme aimed at unlocking capital and leveraging much-needed financing into Africa. The Afreximbank Guarantee Programme (AFGAP), launched during the Advanced...

TFG acquires Hobbs

Tuesday, November 7th, 2017

TFG acquires Hobbs

TFG is delighted to announce the acquisition of contemporary British womenswear brand Hobbs. “Hobbs is a well-established British brand with a loyal customer base and an excellent reputation for the design and retail of high quality clothing...

Has South Africa reached its limit on tax increases?

Tuesday, November 7th, 2017

Has South Africa reached its limit on tax increases?

Following the Medium Term Budget Policy Statement (MTBPS) delivered on 25 October 2017, there is growing concern that South Africa has reached its limit in terms of the amount of tax revenues it can extract from taxpayers...

Mustapha Njie

Monday, November 6th, 2017

Mustapha Njie

Mustapha Njie has served as Non-Executive Director of The Trust Bank Limited since September 2000. He also acts as Chairman of the Infrastructure Development Committee and Member of the Strategy Committee of the Bank. Njie owns and...

Nigeria ranks high in World Bank Doing Business Report

Friday, November 3rd, 2017

Nigeria ranks high in World Bank Doing Business Report

Despite Nigeria’s latest impressive ranking in the World Bank’s latest ‘Doing Business’ report, the Buhari administration will continue to actively pursue its reform agenda to keep improving the nation’s economy, according to Yemi Osinbajo, Nigerian Vice President. “The present...

Mastercard and FSD to strengthen financial inclusion in Uganda

Thursday, November 2nd, 2017

Mastercard and FSD to strengthen financial inclusion in Uganda

Over half of Uganda’s adults are forced to keep their savings at home because of a lack of access to formal financial services. Not only is this not safe, but it slows the country’s growth as large...

South African Auditor-General releases SOEs Audit report

Thursday, November 2nd, 2017

South African Auditor-General releases SOEs Audit report

South African Auditor-General Kimi Makwetu says the audit outcomes of state-owned enterprises (SOEs) continues to regress. He said this could be attributed to inadequate controls, monitoring and oversight. The Auditor-General said this when he released the report...

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