Tag Archives: Interest Rates
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.
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.
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.
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.
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.
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.
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.
By Thandisizwe Mgudlwa
By Sophia Tesfamariam