Finance ministers of East Africa are expected to table their respective budgets in coming days for the new financial year that begins on July 1.
As households and businesses in South Africa struggle to cope with the current economic turmoil and uncertainty brought upon by the COVID-19 pandemic, the Prudential Authority (PA) has welcomed the measures taken by banks to support their customers financially.
Coronation Merchant Bank says they have identified 14 Nigerian insurers which are raising N83 billion out of the 44 firms that submitted their plans to raise capital. But will extra capital in Nigeria's Insurance industry lead to growth? Guy Czartoryski, Head of Research at Coronation Merchant Bank joins CNBC Africa for an outlook on Nigeria’s insurance sector this year.
Africa’s financing needs will remain very large over the next few decades. Both public and private capital formation will be necessary to pursue the necessary structural transformation of African economies into industrial and post-industrial societies.
Here's what's needed to build Africa's digital economy
Large global mining companies have cut back on investments despite a turnaround in profitability.
Egypt's Trade Ministry has issued tough new regulations on importers by sharply raising the minimum capital they need to operate.
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