Tag Archives: Interest Rates

SA ECONOMIC GROWTH HIT BY MINING SECTOR

Will the Chinese purchase divested mining interests? read more

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Reinsurance Capacity Keeps Growing, Despite Low Yield and Competition

LONDON, UK, APRIL 2013
A return to an underwriting profit in 2012 enabled the global reinsurance market to continue its growth trajectory despite significant challenges. Deterioration in investment yields seems to be the greatest immediate concern, as depressed interest rates have persisted longer than most market observers predicted. Near-term improvement on that front appears unlikely, unless companies choose to stretch for yield, taking greater risk on the asset side, according to a new special report by A.M. Best Co. read more

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IMF Concludes Article IV Consultation Mission to Ghana

ACCRA, Ghana, April 15, 2013/African Press Organization (APO)/ A mission from the International Monetary Fund (IMF), led by Christina Daseking, visited Accra during April 2-12, 2013, to conduct discussions for the 2013 Article IV consultations. The mission met with President Mahama, Vice-President Amissah-Arthur, Finance Minister Terkper, Bank of Ghana Governor Wampah, other senior officials, members of parliament, and representatives of the private sector, think tanks, trade unions, and civil society.
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IMF Concludes First ECF Review Mission to Liberia

MONROVIA, Liberia /African Press Organization (APO)/ An International Monetary Fund (IMF) mission led by Ms. Catherine McAuliffe visited Monrovia March 4–20, 2013, to conduct discussions for the first review under the Extended Credit Facility (ECF). 1 The mission met with President Ellen Johnson Sirleaf and held discussions with Acting Minister of Finance Sebastian Muah, Central Bank of Liberia (CBL) Executive Governor Joseph Mills Jones, other senior officials, legislators, representatives of the private sector, civil society organizations, and development partners. The mission also conducted a one-day high level seminar on natural resource revenue management and an outreach event for University of Liberia students. read more

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Standard Bank South Africa’s agri conferences bring provincial role players together

Standard Bank South Africa’s agricultural division is hosting a series of provincial roadshows in South Africa aimed at engaging major role players and sector leaders in discussions about generating growth in their region. read more

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Zimbabwe’s Central Bank investigation opens a can of worms

 

An investigation conducted by the Reserve Bank of Zimbabwe (RBZ) into operations of the country’s Micro-Finance Institutions (MFIs) and money-lending institutions has exposed a plethora of illegal activities by the institutions impacting on the country’s economic development. read more

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IMF Concludes Mission to Kenya

NAIROBI, Kenya, February 14, 2013/African Press Organization (APO)/ An International Monetary Fund (IMF) mission, led by Mr. Domenico Fanizza, visited Nairobi from February 4-14, 2013 to carry out the fifth review under the three-year Extended Credit Facility (ECF) arrangement approved in January 2011. The mission met with Minister for Finance Hon. Robinson N. Githae, Professor Njuguna Ndung’u, Governor of the Central Bank of Kenya (CBK), other senior government officials, and representatives of the private sector, civil society and development partners. The team wishes to thank the authorities for their warm hospitality, the close collaboration, and the constructive discussions. read more

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Headline: The time is ripe for biogas investment, says SABIA, ahead of launch at Africa Energy Indaba

The South African Biogas Industry Association (SABIA)will be launched at the Africa Energy Indaba in February 2013 by experts who believe that biogas should no longer be lumped together with other alternative energy sources,but holds enough weight to stand in its own category. read more

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A.M. Best’s Leading Analysts Discuss Africa’s Insurance Industry, the U.S. Economic Forecast and Persistent Asbestos Insurance Losses

Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. read more

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South African entrepreneurs have high hopes for growth of SMEs in 2013

By Thandisizwe Mgudlwa

 

Expert group says 2013 has some positives for local business as owner optimism. read more

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Ex-Im Backs Bonds Issued by Ethiopian Airlines for Export of U.S Aircraft

The Export-Import Bank of the United States (Ex-Im Bank) is backing bonds issued by Ethiopian Airlines of Addis Ababa to finance the export of four of ten Boeing 787 Dreamliner aircraft to Ethiopia. read more

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The Systematic Emasculation of Africa’s Leadership-Part Four (Final)

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Barclays Surpasses $1 Billion In Deposits For Its Online Savings Accounts And CDs, And Is Named A 2012 ‘Best Bank’ By Money Magazine

Survey shows 78% of Americans are saving more or the same amount as last year;

More than 33% say Savings/CDs still the best place to keep their money in today’s economy; read more

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Economic conditions favour motorists looking for value in new car purchases, says Standard Bank South Africa

 

South African motorists are taking advantage of the lowest interest rates for 31 years, a market that offers more choice than ever before, and the affordability of models that is being bolstered by competitive discounts by dealers and manufacturers, says Standard Bank South Africa. read more

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