Year 6 | Edition 5 | 12 February 2019
 

[Angola] BPC announces lending to new companies

The president of the Board of Directors of the Savings and Credit Bank (BPC), Alcides Safeca, has announced the granting of credits to potential entrepreneurs that guarantee a lower risk of default later this year .

Speaking at a meeting with local businessmen, the official said that the bank intends to adjust to the needs of the business class, which is why it will work to optimize operating costs, aiming to carry out its tasks smoothly, especially with...

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[Kenya] CMA publishes first State of Corporate Governance Report

The Capital Markets Authority (CMA) has published the first State of Corporate Governance Report based on an assessment of 56 issuers of securities to the public in 2017/18. The report is aimed at raising visibility of the state of corporate governance of issuers of securities to the public in Kenya in order to empower investors and respective boards to encourage continuous improvement in practices.

The report follows the evaluation of the first set of regulatory reports submitted in accordance with the Code of Corporate Governance Practices for Issuers of Securities to the Public, 2015 (the Code), which became effective in March 2017...

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[South Africa] A2X approved to secondary list ETFs and ETNs

A2X has been authorised to secondary list exchange traded funds (ETFs) and exchange traded notes (ETNs) on its platform.

“We are pleased to announce that our application to extend our licence to include the secondary listing and trading of ETFs and ETNs, a high growth segment of the market, has been approved by our dual regulators, the FSCA and the Prudential Authority,” said Kevin Brady, CEO of A2X...

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[Interview] Esther Dumbiri, Managing Director, SHTL Publishing, Nigeria

Esther Dumbiri put her talent with words and colors to good use by starting a publishing firm over a decade ago, a firm that has grown in leaps and bounds.

Could you introduce your company?

With a keen eye for spotting errors and a passion tell people's stories, I founded a Prints and Publishing firm over 12 years ago, where our love for pristine quality editorials, designs, prints and satisfied authors keeps me going back to work every day.  SHTL Publishing is an imprint of Sapient...

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African CEO's wanted for interviews!
Africa Business Communities is conducting a series of interviews with African CEO's and CEO's of companies doing business in Africa...

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News Headlines

[Kenya] Capital Markets Authority set to recover Ksh208 million from illegal trading in fixed income securities 17-05-2019 | 13:09:00
Kenya’s Capital Markets Authority has taken enforcement action against Mr. Rodrick Muhoro, a bond trader, following conclusion of investigations with respect to allegation of irregular trading of Government Securities.


Emirates mulls growing African footprint 17-05-2019 | 11:11:00
Dubai based airline Emirates is considering flight frequencies to key African destinations including Morocco, Ghana, Senegal, Egypt, and South Africa as it sees potential for growth in Africa.


[Nigeria] Ebenezer Onyeagwu appointed CEO of Zenith Bank 17-05-2019 | 06:28:00
Nigeria’s multinational financial service provider Zenith Bank Plc. has announced the appointment of Mr. Ebenezer Onyeagwu as the Group Managing Director/CEO of the bank effective June 1, 2019.


[Kenya] Capital Markets Authority licenses Jubilee Financial Services to operate as a fund manager 17-05-2019 | 06:15:00
The Board of the Capital Markets Authority (CMA) has approved the grant of a license to Jubilee Financial Services Limited to operate as a fund manager having met all requirements.


[Uganda] KCCA flags off construction of five roads 16-05-2019 | 14:00:00
The Kampala Capital City Authority (KCCA) has flagged off a new set of roads to two international firms to start construction work.


Bank of Mauritius bags Best Central Bank for Corporate Governance, Indian Ocean 2019 Award 16-05-2019 | 12:13:00
The International Business Magazine has conferred upon the Bank of Mauritius its Award for ‘Best Central Bank for Corporate Governance Indian Ocean 2019’.


AGRA, UPL partner to increase Africa smallholder farmers’ access to yield-enhancing technologies 16-05-2019 | 10:07:50
Thousands of smallholder farmers are set to benefit from increased access to technologies that support yield increase.


Mahindra South Africa enters farming equipment business 16-05-2019 | 10:03:39
In its endeavour to establish South Africa as its home outside India, Mahindra South Africa has announced entry into its fourth business line, by introducing its range of farming equipment.


CBK and Bank of Mauritius brainstorm to deepen cooperation 16-05-2019 | 08:47:00
The Central Bank of Kenya (CBK) and the Bank of Mauritius held a brainstorming session with a view to enhancing cooperation between the two central banks.


NAS and LAM joint venture to operate airport lounges across Mozambique 16-05-2019 | 08:29:00
National Aviation Services (NAS), has announced a joint venture (JV) agreement with Linhas Aéreas de Moçambique (LAM), the Mozambique flag carrier, to provide management services of the Flamingo lounges in Mozambique.


Société Pétrolière expands liquefied petroleum gas business in Rwanda 16-05-2019 | 07:22:00
Société Pétrolière Ltd,SP, the East Africa mid and downstream oil company, has installed eight Liquified Petroleum Gas storage and cylinder filling plants across Rwanda.


BBOXX and Victron Energy to deliver pay-as-you-go solar solutions in DR Congo 16-05-2019 | 07:19:00
BBOXX, a provider of off-grid solar home solutions for rural communities in Africa has entered into an agreement with Victron Energy to provide solar solutions to households across Democratic Republic of Congo.


[South Africa] Trade Minister gazettes the draft B-BBEE Chartered Accountancy Sector Code 16-05-2019 | 06:39:00
Members of the public have until 23 June 2019 to make inputs and comments on the Draft Broad-Based Black Economic Empowerment (B-BBEE) Chartered Accountancy Sector Code.


IFC, SECO partner to address water scarcity in South Africa 16-05-2019 | 06:17:00
IFC, a member of the World Bank Group and Switzerland’s State Secretariat for Economic Affairs (SECO), launched a program aimed at addressing water scarcity in South Africa’s agribusiness sector.


Capital Markets Authority licenses AFG Wealth Kenya as an investment adviser 15-05-2019 | 13:15:00
The Board of the Capital Markets Authority (CMA) has approved the grant of a license to AFG Wealth Kenya Limited to operate as Investment Adviser in Kenya bringing the number of investment advisers to 15.


 


 
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