Barclays ‘sets stage’ for Harare bank grab
Zimbabwe Empowerment Minister Saviour Kasukuwere has finally 'provisionally' accepted Barclays’ indigenisation compliance plan
Brics bank ‘must earn return’
Brics development bank an excellent idea, but it must not do what public money is meant to do, African Development Bank president Donald Kaberuka says
Zimbabwean ethanol plant reopens
Chisumbanje plant reopens as Zimbabwe moves towards mandatory blending of fuel with 5% ethanol, in bid to cut country’s fuel import bill
Congo downplays conflict in Katanga to reassure investors
Mines minister moves to calm miners operating in region, writes Michael J Kavanagh
Brics to conduct ‘formal’ talks on launch of development bank
Announcement at end of Durban summit confirms expectations that Brics countries would set up multilateral lending institution
Brics summit forms business council to deepen trade, investment ties
President Jacob Zuma announces formation of 25-member council of top executives from member countries, headed by SA’s Patrice Motsepe for first year
Barclays reaches deal with Zimbabwe in precedent for sector
Barclays receives nod for Zimbabwe unit’s empowerment plan despite meeting between minister, Barclays Africa chief not taking place, in move expected to affect other banks
Masters programme aims to boost African infrastructure
DBSA, IDC and Foreign Development Agency collaborate on Masters in Public Infrastructure Management to build skills to improve management and bolster growth
SA firm to set up Zimbabwe ATMs as competition with cellphone banking surges
Zimbabwean banking group CBZ is using the technical expertise of Spark ATM Systems, a South African company that installs cash machines, to set up in-store ATMs
Barclays’ indigenisation talks fail to take place
Zimbabwean Empowerment Minister Saviour Kasukuwere inexplicably misses a meeting he had called with Barclays Africa executives
Opinion
Will the Brics Summit make any difference?
Mzukisi Qobo
SA should evolve a broader emerging-economy strategy within which its Brics endeavours are realised
Opinion
Beware of Chinese bearing ‘special offers’
Anthony Butler
Sceptics counter that Brics is primarily a vehicle for Chinese interests
Integrated African economies to lift industrial growth, says Davies
Trade and Industry Minister Rob Davies says first step is to expand existing regional communities and create large trading blocs
Renminbi on the rise in Africa, says Tshabalala
Standard Bank joint CEO Sim Tshabalala tells pre-Brics summit discussion Chinese currency is increasingly being used in Sino-African trade, bypassing dollar
Barclays Africa chief to meet Kasukuwere
It is not clear what will be discussed exactly, although it has emerged that Barclays Africa CEO Kennedy Bungane will also hold a series of meetings with management and other government officials, including the central bank
Boost for technology sector in Africa as 88mph gets capital injection
Start-up funder 88mph announces capital injection from 4Di, becoming first seed accelerator in Africa to receive venture capital backing
Standard Chartered plans Egypt acquisition, expansion in Iraq
Standard Chartered says it would consider buying bank in Egypt to ride expected boom in its economy
Brics bank ‘would help meet Africa’s huge funding needs’
Brics development bank would complement institutions such as World Bank, International Monetary Fund, DBSA CEO Patrick Dlamini says
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- Brics set to move on development bank at summit in SA
- Nigeria to take action to slash debt
- African projects boost ELB earnings
- Global hotels boost planned room growth in Africa
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