By Thandisizwe Mgudlwa The African Development Bank has extended the equivalent of USD 300 million to FirstRand Bank Limited to support projects across Africa This week an announcement from Tunis, Tunisia, revealed that the African Development Bank has approved a seven-year multi-currency line of credit for an amount equivalent to USD 300 million to FirstRand […]
Tag Archives: currency
Bitcoins are quickly rising as the currency of the online black market. Here’s what you should know about the not-so legal side of bitcoins. Source: OnlineMBA.com
Standard Bank Group has emerged as the leading investor in the first round of South Africa’s renewable energy independent power producer (REIPP) procurement process, backing a total of 11 wind and solar projects. Standard Bank Group will provide comprehensive corporate and investment banking services to all its clients, including underwriting R9.4-billion worth of debt, providing […]
IMN’s 10th Annual South African & African Cap Mkts Conference (Microsoft Word) 22-23 November 2012 The Westin Cape Town, Cape Town, South Africa NEW YORK CITY, NY – As we enter this next decade in the event’s timeline, IMN and our event sponsors will build on our excellent reputation as the only ‘must […]
Few African countries can effectively access capital in their domestic markets TUNIS, Tunisia, October 24, 2012/African Press Organization (APO)/ – The African Financial Markets Initiative (AFMI), managed by the African Development Bank (AfDB) (http://www.afdb.org), hosted a Pan-African Stakeholder Workshop from October 22 to 24, 2012, at the Ramada Plaza Hotel in Tunis. The workshop […]
“The two exploration blocks, SL-08A and SL-08B, have been combined into one concession and are located between 75 and 110 miles (120 and 180 km) southwest of the capital of Freetown and cover a combined area of about 2,100 square miles (5,500 sq. km). (CNW Group/ODYE Limited)”. LONDON, Oct. 8, 2012 /PRNewswire via […]
The partnership with China should aim to boost Africa’s overall capacity, competitiveness and trade in a way that supports African development. African nations must use the Forum on China-Africa Cooperation to complement the continent’s regional institutions and policy agenda. This is according to a report by Standard Bank Group economists Jeremy Stevens and Simon […]
by Marumo Nkomo University of Cape Town Oilwell v Protec (295/10) [2011] ZASCA 29 (Justice Harms JA), 18 March 2011 Abstract The ruling clarified in the negative, a pressing question for foreign entities intending to do business in South Africa: does IP constitute capital for the purposes of currency and exchange regulation? Please read […]