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Financial Services

Unwelcome bond coins intensify Zim cash crunch

Oct 24 2016 12:07

The cash crisis in Zimbabwe has just gone up a notch as banks started giving out bond coins to depositors withdrawing cash, limited to either $50 or $100 per day.


Ethiopia wants more business from SA

Oct 23 2016 06:11

Ethiopia’s drive to attract more South African investment is being hampered by a government that still distrusts business and a population wary of foreign domination.


Important for African aviation to develop, retain skills

Oct 21 2016 17:31

The development and retention of skills is a priority for the airline industry in Africa, says the CEO of the Airlines Association of Southern Africa.


African aviation 'trapped in its own bubble'

Oct 21 2016 16:03

The airline industry in Africa is still punching well below its weight and is not able to match the global performance, says the CEO of a regional industry body.


Zim finally settles IMF debt

Oct 21 2016 09:45

Zimbabwe has paid off its 16-year debt of $108m to the International Monetary Fund as part of its arrears clearance strategy with multilateral institutions.


SA is southern Africa's 'silver lining' - report

Oct 19 2016 12:37

Despite seeing investment flows into SA falling 2.0% in 2016, analysts regard the country's economy as southern Africa’s silver lining.


Sceptical Zimbabweans stock up on cash as bond notes loom

Oct 18 2016 12:21

As the country readies for the dreaded introduction of bond notes and a liquidity crunch bites, Zimbabweans are trying every trick in the book to get extra dollars.


Nigeria expects 22% jump in oil output

Oct 17 2016 15:15

Opec member Nigeria expects its oil production rate to jump by 22% by the year-end to 2.2 million barrels per day from current levels, its oil minister says.


Ivory Coast cocoa port arrivals down 32%

Oct 17 2016 14:37

Cocoa arrivals at ports in top grower Ivory Coast reached around 98 000 tonnes by October 16 since the start of the season on October 1.

Inside Fin24.com


Egypt seeks alternatives after Saudi halts fuel deliveries

Oct 11 2016 16:10

Egypt has invited tenders to meet its refined oil products needs for October after Saudi Aramco has halted the expected delivery of 700 000 tonnes for this month.

Financial Services

Nigerian banking in ‘full blown financial crisis’

Oct 10 2016 11:49

Nigeria’s banking industry is experiencing a “full blown financial crisis” as failed fiscal and monetary policies lead to a credit crunch, say analysts.

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