Africa Finance News Headlines, Finance Breaking News

Top 10 Finance News Headlines from major African news sources aggregated in one place

Just Retirement insights: Retirement planning should be a necessity, not a luxury

This is the seventh article in a nine-part series that summarises findings from Just Retirement Insights 2024, a tracking study conducted by retirement income specialist, Just SA. Just Retirement Insights 2024 found that 39% of responden
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26 Jul 2024

The prudence of investing outside South Africa: Benefits for local investors

South Africa has abundant resources and strategic geographic position, yet faces numerous economic, political, and social challenges that make local investment a high-risk endeavour. Given the current landscape, it is prudent for South African in
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26 Jul 2024

We've turned the corner in managing money, report suggests

WORKING South Africans are more positive about their finances than they have been since the onset of the Covid-19 pandemic in early 2020. This is the good-news message to come out of the 2024 Old Mutual Savings and Investment Monitor Report relea
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26 Jul 2024

FG's Revenue Surpassed Budgetary Target - Finance Minister

FG's Revenue Surpassed Budgetary Target - Finance Minister The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the Federal Government's revenue for the first half of 2024 has surpassed its budge
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26 Jul 2024

Mood is buoyant as JSE secures listings

From the boom-and-bust of the Gold Rush to the diversity and dynamism of the post-apartheid economy, the Johannesburg Stock Exchange (JSE) has always occupied a central place in South African corporate life and stood as a crucial bellwether of th
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25 Jul 2024

Gulf banks look to Egypt, says Fitch

The global credit ratings agency Fitch Ratings has reported that banks in the Gulf Cooperation Council (GCC) are looking to expand into other international markets, including Egypt, as they look to diversify their business models and boost profit
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25 Jul 2024

Feeling financial pressure? You're not alone - Younger South African women see the worst

South Africans levels of financial stress have remained high for the past three years, affecting their home and work lives as well as their health. Younger people and those with less income are the most anxious, with particularly women c
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25 Jul 2024

UDB Focuses on Sustainability and Innovation to Drive Ugandas socio-economic development

UDBs net loans expanded to UGX1.47 billion in 2023, reflecting robust support to the private sector. The Bank strengthened its commitment to providing affordable and patient capital, achieving significant milestones amidst economic challenges.
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25 Jul 2024

How to boost your chances of a successful short-term insurance claim

According to the OSTI report, the highest number of disputes, or 42% of overall claims, were related to motor vehicles. The majority of these complaints were accident-related claims that were declined because of policy exclusions, states Tarina V
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25 Jul 2024

Building on a rock-solid asset base

Over the past few years, aware of the constant headwinds affecting trade and development on the continent, it has worked diligently to solidify its asset base. It has achieved the remarkable feat of more than doubling its asset base, fro
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24 Jul 2024

An industry whose time has come

However, Africas auto industry, valued at $30.44 billion in 2021, is expected to increase by nearly 40% to $42 billion by 2027. With demand rising across the board, and an expected switch to the exclusive use of electric vehicles by 2035
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24 Jul 2024

Fraud awareness: Essential tips to safeguard yourself from financial scams

Many cash-strapped South Africans are turning to credit to make ends meet. Unfortunately, fraudsters are also looking to cash in on the increasing demand for credit and there is little they wont do to take advantage of vulnerable victims. The sol
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24 Jul 2024