Tag Archives: shareholders
Living the FATCA life in Africa: New U.S. tax regulations add to burden of compliance on financial institutions across Africa
Morningstar Announces Findings from Third Global Fund Investor Experience Report; United States Scores the Best and South Africa the Worst
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions.
13 Million Cards to be issued first, in largest card rollout of its kind in Africa
ASANTE GOLD CORPORATION: ADVANCE NOTICE POLICY, ROYALTY ACQUISITION UPDATE AND WORKING CAPITAL LOAN AGREEMENT
Stanbic IBTC Holdings, a member of Standard Bank Group, has declared a profit before tax of N11.7 billion for 2012, an increase of 16 percent above the N10.1 billion recorded in the corresponding period of 2011, according to its audited results for the financial year ended December 31, 2012. Similarly, profit after tax rose to N10.2 billion, translating to an increase of 53 percent over the prior year’s N6.6 billion.
BP today announced plans to invest in excess of R5 billion in South Africa and Mozambique over the next five years in new and on-going infrastructure upgrade projects to improve business efficiency and assist Government’s objectives to enhance energy security and enable the transition to cleaner fuels.
2nd elcom Rossija from 17 to 19 September 2013 with focus on the future’s energy mix
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges.
Pangolin Diamonds Corp. updates shareholders on 2013 kimberlite diamond exploration activities in Botswana
About diamond mining in Botswana
Botswana is the largest diamond producing country in the world by value, supplying 21% of global rough diamond production. It is the location of the world’s two largest diamond mines, Jwaneng and Orapa, and four non-De Beers diamond mines – Gem, Firestone, Lucara and Mantle. Diamonds were first discovered in Botswana in 1959 and the first kimberlites were discovered in 1967. Since then, over 275 kimberlites have been discovered in the country. With a long and well-established Mining Code, Botswana is rated by the Fraser Institute as the best country in Africa for mining. The country has the highest sovereign credit rating in Africa. Since gaining independence in 1966, Botswana has been governed by the Botswana Democratic Party in a multi-party democracy.