The African banking sector continues to thrive as banks find more ways to improve customer service and provide diverse financial services.
Facebook’s Q2 2013 earnings triggered a 25 per cent hike in its share price, due to a 76 per cent increase in its mobile advertising revenue.
Famous Brands has announced the first launch of Debonairs Pizza restaurant in the most populous city in India, Mumbai.
Ascendis Health is in the process of signing a large pharmaceutical deal ahead of its planned JSE listing, Dr Karsten Wellner has said.
African regional banks are starting to make more intra-regional acquisitions than green field operations for quicker and easier expansion.
Absa Group Limited on Monday announced its merger with Barclays African businesses, a deal worth 18.3 billion rands.
PE can be illiquid and private equity managers are inventive about how they handle the fund as a result of this, Ponmile Osibo has said
The Africa Direct Property Development Fund is focusing on development properties in East and West Africa, Roberto Ferreira has said.
The REIT structure is a new taxation plan adopted by the JSE to introduce a new era for the listed property sector, George Sibanda has said.
Mauritius has recently signed a Double Taxation Avoidance Agreement (DTAA) with Gabon, its 44th tax agreement with another country.
Cullinan is set to acquire a stake in Imperial's tourism division, Michael Tollman has said.
Nigeria's Guaranty Trust Bank (GT Bank) said on Thursday it had reached an agreement to acquire a 70 percent stake in Kenya's Fina Bank Ltd.
South Africa’s FirstRand Group’s plan to acquire a 75 per cent stake in Merchant Bank Ghana for about 750 million rand has failed.
When selecting stocks for an income equity portfolio, one needs to consider the company’s future prospects, Eldria Fraser has said.
The Old Mutual Global Equity Fund is the second best performing unit trust in South Africa, Ian Heslop told CNBC Africa on Thursday.
The Momentum Africa Equity Fund is one of the top 5 best-performing unit trusts for the year to date across South Africa.
Despite Africa’s private equity industry still in its infancy, investors continue to look for opportunities in the continent’s markets.
Nigeria’s Access Bank aims to become Africa’s most respected bank by 2018, said the Bank group MD and CEO Aigboje Aig-Imoukhuede.
Standard Chartered Plc will start offering Islamic banking in Kenya as a springboard into the rest of Africa.