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INTO AFRICA October 2019 Edition – Charting Africa’s Business Terrain

Welcome to the October 2019 edition of INTO AFRICA, a publication written by the professionals, for professionals, investors, policymakers … Advancing and providing fresh insight into Africa’s emerging markets through renowned thought leadership and peer-to-peer knowledge-sharing. The edition is titled: Charting Africa’s Business Terrain. Africa’s business potential is tremendous and in various sectors, including energy, infrastructure, agriculture, natural resources, and information and communications, offering opportunities for investors. However, these business opportunities come with many challenges…

INTO AFRICA June 2019 Edition – African Banking: Emerging Growth

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Welcome to the June 2019 edition of INTO AFRICA, a publication written by the professionals, for professionals, investors, policymakers … Advancing and providing fresh insight into Africa’s emerging markets through renowned thought leadership and peer-to-peer knowledge-sharing. The edition is titled: African Banking: Emerging Growth. African countries have made progress in strengthening their banking sectors and most have adopted several new regulations, such as the clarification of the definition of systemically important institutions in line with…

South Africa’s ANC Support Drop Risks Richest Province, Poll Shows

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JOHANNESBURG (Capital Markets in Africa) – Support for South Africa’s ruling African National Congress has slipped ahead of May elections and the party could lose its majority in the Gauteng province, home to the country’s industrial hub and capital, a quarterly poll conducted by the South African Institute of Race Relations shows. Of 1,611 registered voters surveyed last month, 54.7 percent said they supported the ANC on the national ballot, down from 56 percent in…

What South Africa’s Main Political Parties Are Promising Voters

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JOHANNESBURG (Capital Markets in Africa) – South Africa is gearing up for elections on May 8 that will serve as a referendum on whether the African National Congress has rehabilitated itself in the eyes of voters after former leader Jacob Zuma’s scandal-marred rule. The ruling party’s two main challengers are the pro-business Democratic Alliance and the populist Economic Freedom Fighters, which favors the nationalization of mines, banks and land. The ANC, led by President Cyril Ramaphosa, aims to…

INTO AFRICA February 2019 Edition – Eye on Africa’s Economy in 2019

Posted on by The Editorial Team

Wish you a prosperous year 2019 and welcome to the February 2019 edition of the INTO AFRICA – the publication with fresh insight into Africa’s emerging markets. This edition provides insight and foresight into African economies from economists and analysts, hence the edition titled: Eye on Africa’s Economy in 2019. The African region faced a tougher external environment in 2018 due to moderating activity and heightened risks clouding global economic prospects. International trade and investment have softened, trade…

South African Tender Bust Bolsters Ramaphosa’s Anti-Graft Fight

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JOHANNESBURGH (Capital Markets in Africa) – South Africa’s Hawks special investigative unit detained seven people on Wednesday in the first major arrests following revelations that a services company, Bosasa, looted billions of rand from the state by bribing officials. The arrests follow an investigation that found almost 1.6 billion rand ($119 million) may have been misappropriated when the Department of Correctional Services awarded prison tenders to Bosasa or its units, the Directorate for Priority Crime Investigation said…

Clover Gets $359 Million Offer in South Africa Investment Boost

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JOHANNESBURG (Capital Markets in Africa) – Clover Industries Ltd. received a buyout offer from investors led by Israel’s Central Bottling Co. that values the South African company at 4.8 billion rand ($359 million), giving a boost to President Cyril Ramaphosa’s effort to lure foreign investment to the country. The acquiring group offered 25 rand a share for the Johannesburg-based dairy and drinks producer, compared with a Friday closing price of 20 rand, Clover said in a statement on Monday….

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