HARARE: Zimbabwe's finance minister on Thursday slashed the 2015 growth forecast from 3.2 percent to 1.5 percent after a slump in farm produce due to drought.
3 Aug 2015
South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project.
12 Jun 2014
Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.
Phakamisa Ndzamela 6 Jun 2014
Though FirstRand suffered some setbacks in its African growth strategy‚ it remains committed to growing its presence in the rest of the continent through greenfields operations or small acquisitions.
Gillian Jones 11 Sep 2013
The World Bank committed a record US$14.7bn in its fiscal year to June to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.
1 Aug 2013
Global legal practice Norton Rose has advised South African insurers expanding into other African countries to look beyond the sector-specific regulatory requirements in the jurisdictions they are entering as failure to do so could undermine their investments.
Phakamisa Ndzamela 20 Mar 2013
HARARE, ZIMBABWE: Zimbabwe has ratcheted up the pressure on SA platinum mining companies to finance empowerment proposals as the government is too cash-strapped to provide funding for this. The mines have insisted that the new shareholders be forced to abide by their obligations to fund operations where necessary.
Tawanda Karombo 19 Dec 2012
Fundamo, a Visa Inc. company and a global specialist mobile financial service provider, have reported accelerated growth of mobile financial services in Africa. In 2012, Fundamo has launched three new services - FirstMonie with First Bank Nigeria and Celpay with Celpay International in Uganda and Zimbabwe.
13 Nov 2012
WASHINGTON - The International Monetary Fund relaxed its restrictions on providing consulting support to Zimbabwe as the country moved toward constitutional reforms and showed improvement in economic policy co-operation with it.
7 Nov 2012