The Editorial Team |

Africa’s Net capital inflows at $23bn in 2014

The United Nations estimated net capital inflows to African economies at $23.3bn in 2014, relative to net outflows of $24.2bn in 2013. Net flows to the region fluctuated significantly since 2005 as they reached $26bn in 2005, $109bn in 2006, $11.2bn in 2007, $52.1bn in 2008, $30.2bn in 2009, – $1.2bn in 2010, $20.9bn in 2011 and $60.8bn in 2012. Net private capital inflows to the region accounted for 13.6% of total net private inflows…

Market on Overdrive as S & P Places Nigeria on Negative Watch

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NSE ASI dips 273bps at the end of 11th February 2014Nigerian Equity Market extended its 6-day losing streak declining 273bps today, bringing the index to close at a 2-year low of 27,935.77 pts, while YTD loss rose to 19.4%. Market capitalisation also lost N262.1bn to close at N9.3tn. However, trading activities measured by volume and value traded were mixed as volume advanced by 21.2% while value waned by 26.6% to 411.5m units and N4.5bn respectively.All…

SA Mining urgently needs Investor-Friendly Guarantees Framework

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Cape Town, 11 February 2015: The positive message delivered by Mineral Resources Minister Ngoako Ramatlhodi to delegates at the Mining Indaba on Tuesday morning serves as a timeous reassurance to investors, but must urgently be followed by concrete interventions to provide guarantees that their investments will be safe and free from excessive interference into the future, says John Orford, Senior Portfolio Manager for Old Mutual Investment Group’s MacroSolutions boutique. In addition, investors will need to…

As Foreign Direct Investment continues to rise growth looks certain for Africa

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Achieving Africa’s growth Agenda – CNBC Africa Panel Speakers discuss Africa’s attractiveness to Foreign Investors. Even though threats still remain economic diversification and integration are major factors contributing to Africa’s growth. These factors, along with Infrastructure and Agriculture, were the key growth indicators discussed recently at “Achieving Africa’s growth Agenda” a World Economic Forum session developed in partnership with CNBC Africa and featuring prominent speakers Sunhil Bharti Mittal, Jacob G Zuma, Paul Kagame, Bronwyn Nielsen,…

Ghana to grow by 5.8% in 2015

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Business Monitor International anticipated that the Ghanaian cedi would resume its depreciation in the coming three to six months after stabilizing during the last months of 2014. It attributed the expected depreciation of the cedi to the strengthening US dollar, wide current account deficit and uncertainty about an agreement between the International Monetary Fund and the Ghanaian authorities. It forecast the current account deficit to widen from 9.2% of GDP in 2014 to 11.9% of…

Nigerian equities extend losses: 10th Feb 2015

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Equities Extend Losses … NSE All Share Index Dips 80bps The bears remain resolute as losses on the Nigerian Bourse extended into the fourth trading day on the back of increasingly weak macroeconomic fundamentals and political uncertainties dampening sentiments for equities. The All Share Index declined 80bps today to close at 29,125.69 points, driving YTD loss to 16.0%. Also, market capitalization shed N78.4bn to close at N9.7tn. Today’s decline came amidst sell-off recorded in Guaranty…

The Davos Challenge: bikes for school children in SA

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When was the last time you walked 6km to work or school? Did you know that this is the average daily distance to school for half a million students in South Africa? This past week, participants at the World Economic Forum took part in “The Davos Challenge: Walk for Education” by having their steps tracked with electronic pedometers. For every 6km walked, UBS and the UBS Optimus Foundation donated a bicycle for school children in…

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