Thursday, November 21African Digital Business Magazine

Tag: Funds

African News

Why fund of funds unit trusts are the way to go

By Gregoire Theron, Chief Investment Officer at GraySwan Investors have the option to either construct their own portfolio of selected single unit trusts or use a fund of funds solution – otherwise known as a fund of funds unit trust. Investors who are looking for well-diversified combination of single unit trust funds which provides consistent superior performing and at lower fees than the industry should consider fund of funds unit trusts. There are a select few premium fund of funds unit trusts which provides such as a one stop shop solution. Single manager unit trusts, which are managed funds that pool money from investors to achieve economies of scale, have grown increasingly popular as they provide easy access to a broad range of assets, such as local and offshore stocks, bonds an...
African News, South Africa News

Affordable housing rental market looks increasingly attractive

  The South African residential market offers an attractive opportunity in the affordable housing rental segment largely driven by low and middle income earners who do not qualify for bonds and increased demand for housing located closer to areas of economic opportunity. Gerhard Zeelie, Head Real Estate Finance (Residential) at Standard Bank South Africa, says: "Investors who select good locations, efficiently manage their assets and look after their tenants can reap good returns from affordable housing rentals. Rentals in the affordable housing rental market can typically offer returns of between 8.5% and 9% after tax, assuming conservative gearing and taking moderate capital ...
African News

ThinkForex®Attends MENA 10thForex Managed Funds & Investment Summit in Dubai, United Arab Emirates

AUCKLAND, New Zealand - (Nov., 2012) -ThinkForex®, a leading international Forex broker, will be attending the MENA 10thForex Managed Funds & Investment Summit, which will be held on November 15 – 16, 2012 at the Jumeirah Beach Hotel in Dubai, United Arab Emirates. ThinkForex will be exhibiting (booth 7 & 8) at the summit and will be giving away free iPads to a couple of lucky event attendees. If you’re interested in signing up to win a free iPad, please visit www.thinkforex.com/mena2012or stop by the ThinkForex booth during the summit. Attendees are also invited to the ThinkForex booth for Forexplatform walkthroughs. Over the past few years, ThinkForexhas demonstrated tremendous growth in the global Forex market and continues its commitment as a leading Forex broker in the Middle ...
African News

Former President of the African Development Bank Babacar Ndiaye to lead Investment Day at this year’s AgriBusiness Forum.

African expert calls on everyone involved in agriculture to step up to the fore for the sake of the entire continent’s development and in the fight against poverty. 12th November 2012, Brussels, Belgium With the AgriBusiness Forum 2012 just around the corner, Babacar Ndiaye, former President of the African Development Bank and founder of the African Business Roundtable (ABR), outlines his demands towards the African and international community to act and establish basic and fundamental financial policies to create real change, after years of debates and establishing potential visions and objectives. “Africa’s agricultural potential cannot induce people into a self-righteous optimism, but should instead incite a responsible and pro-active approach from the sector’s various players because ...
African News, Democratic Republic of the Congo

Democratic Republic of Congo: ICT4Gov Project Uses Participatory Budgeting and Telecommunications to Build Transparency and Accountability

  Synopsis Project feedback mechanisms driven by participatory budgeting and new innovations in information communication technology are working to successfully build transparency, increase accountability and overcome a long history of mistrust in the Democratic Republic of Congo's South Kivu Province. Challenge Following decades of colonial rule, conflict upon conflict, mismanagement, and internal corruption, the Democratic Republic of Congo's national government was left with limited institutional capacity to provide effective services at the local level. This limited capacity has often prompted citizens' groups to view the central government as illegitimate, rent-seeking authorities uninterested in ensuring that resources filter down from the capital to far flung pr...
African News, Uganda News

Tánaiste welcomes commitment from Government of Uganda to repay funds misappropriated from Irish Aid

DUBLIN, Ireland, November 5, 2012/African Press Organization (APO)/ – The Tánaiste and Minister for Foreign Affairs and Trade, Eamon Gilmore, T.D., today welcomed the Government of Uganda’s commitment to repay €4m in Irish Aid funds which was misappropriated by officials in the Office of the Prime Minister, the Ministry of Finance and Bank of Uganda.   The Tánaiste stated:   “I have received assurances from the highest level in the Government of Uganda that they will repay in full the €4 million in Irish Aid funding which was misappropriated by corrupt officials.   “I welcome this swift response to the very grave concerns which I conveyed to the Ugandan Government and the speed with which the Government has moved against officials who were implicated in this ...
Rwanda News

Africa: Regional integration can boost FDI, experts at AEC say

KIGALI, Rwanda, November, 2012/African Press Organization (APO)/ – Experts at the ongoing African Economic Conference in Kigali today agreed that Africa would need to strengthen regional integration in order to boost increased Foreign Direct Investment (FDI) on the continent, because it creates larger domestic markets and stimulates trade, two elements that can attract FDI. “At a time when China, India, Brazil and other large emerging markets are taking on such a prominence in the global economy, we must surely focus the minds of African policymakers, particularly from smaller, landlocked countries, on the importance of pushing forward the regional integration agenda”, said Andrew Mold, a senior Economic Affairs Officer of ECA.   Mold said that attracting FDI in Africa c...