The Emerging Africa & Asia Infrastructure Fund (EAAIF), a private infrastructure group managed by Ninety-One, has secured a fresh $325 million in debt funding to support infrastructure projects across Africa …
In March, South Africa’s manufacturing sector continued to face challenges, according to the latest Purchasing Managers’ Index (PMI) survey. The index, which measures the performance of the manufacturing industry, showed …
Sanlam and Absa have officially combined their investment businesses to form South Africa’s largest black-owned asset manager. The two companies announced in October 2021 that they were joining forces to …
Properties in upmarket Riverside Estate, shares in Absa Bank and First Assurance Company Limited account for the largest share of nominee for Prime Cabinet Secretary Musalia Mudavadi’s net worth of …
The all-in-one digital wallet app Samsung Wallet will be rolled out to 13 new countries by the end of 2022, including South Africa. First launched in June 2022 Launched in …
Absa reported its “strongest half yet” in the six months to June 2022. The bank, which has been trying to claw back market share it lost under Barclays’ rule, posted …
Absa is expecting a leap of more than 20% in its headline earnings per share for the six months to end June, against the first half of 2021. This was …