Tag Archives: interest rate
The South African new car market is bucking the economic trend with sales increasing by 4.1% to 163 092 units during the first three months of 2013 when compared to the same period last year. This is despite tough economic conditions, with the South African Reserve Bank expecting GDP to grow by only 2.7% during 2013.
Africa Continues to Grow Strongly Despite Global Slowdown, Although Significantly Less Poverty Remains Elusive
WASHINGTON, April 15, 2013/African Press Organization (APO)/ – Economic growth in Sub-Saharan Africa is likely to reach more than 5 per cent on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent, ensuring that the region remains amongst the fastest growing in the world — according to the World Bank’s latest Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects.
MALABO, Equatorial Guinea, March 29, 2013/African Press Organization (APO)/ – On January 11, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the 2012 Article IV consultation with Equatorial Guinea.1
First Monday: A.M. Best’s Leading Analysts Explore Property/Casualty, Life/Annuity & Health Segments of US Insurance Industry
Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.
A.M. Best Affirms Ratings of Four Beazley-Managed Lloyd’s Syndicates; Downgrades Beazley’s Issuer Credit Rating
A.M. Best Europe – Rating Services Limited is a subsidiary of A.M. Best Company. Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.
Standard Bank Group has helped its South Africa-based corporate clients issue bonds and securitisations worth over R40-billion this year.
KAMPALA, Uganda, November 6, 2012/African Press Organization (APO)/ – An International Monetary Fund (IMF) team visited Kampala from October 24 to November 6, 2012 to carry out discussions with the Ugandan authorities for the fifth review of their IMF-supported economic and financial program. The mission met with Hon. Maria Kiwanuka, Minister of Finance, Planning, and Economic Development, and Professor Emanuel Tumusiime-Mutebile, Governor of the Bank of Uganda, as well as other senior government officials, development partners, and representatives of the private sector and civil society.
Standard Bank South Africa’s inclusive banking strategy continues to yield strong results, with the bank building on its experience and successes in driving financial inclusion. In the past year, close to a million new accounts have been opened in the market segment with incomes under R8000/month.
MCLEAN, Va., Aug. , 2012 /PRNewswire/ — Freddie Mac (OTC: FMCC) released the results of its second quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house.
LONDON, August 3, 2012 /PRNewswire/ —
LONDON, July, 2012 /PRNewswire/ —
Standard Bank Group remains the largest bank in Africa by profits and assets, with a strong balance sheet and a recognised and trusted brand.
BISSAU, Guinea Bissau, March 13, 2012/African Press Organization (APO)/ — An International Monetary Fund (IMF) mission led by Mr. Paulo Drummond visited Guinea-Bissau during March 1–14, 2012. The mission assessed performance for the fourth review under the Extended Credit Facility (ECF) approved in May 2010 (see Press Release No. 10/185)1, agreed with the authorities on economic policies for the remainder of 2012. The mission met with interim President Raimundo Pereira, Prime Minister Carlos Gomes Jr., Minister of Presidency of the Council of Ministers and in-office Prime Minister Adiato Djaló Nandigna, Minister of Finance José Mario Vaz, Minister of Economy Helena Embaló, National Director of the Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO) João Fadía, and other government officials. The mission also held discussions with representatives of the private sector, civil society, the donor community, and other development partners.