Africa may prove to be a bright spot for an investment-banking industry that’s in the doldrums globally as expanding economies, combined with young populations and a hunger for new technology, boost equity sales, according to Citigroup.
“The role of investment banking … is to bring capital to where it’s needed and bring together savers and investors,” Miguel Azevedo, head of investment banking in the Middle and Africa, said in an interview at the World Economic Forum meeting in Cape Town earlier in September.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
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Days of Zondo: Digital Migration: Mozambique achieves in two years, South Africa fails in tenIf you want to cut through the meandos, ask an engineer. The Zondo Commission of Inquiry into State Capture heard on 12 September how what should have been a simple migration process to Digital Terrestrial Television was hobbled by greed, ignorance, political interference and corporate sleight of hand.
Source: dailymaverick - 🏆 3. / 84 Read more »
'Vampire Diaries' star coming to SA for Comic Con AfricaJust one week before the festival is set to get underway, Comic Con Africa has announced that another international star will be joining the line-up.
Source: Channel24 - 🏆 48. / 51 Read more »
Game of Thrones star Isaac Hempstead Wright no longer attending Comic Con AfricaAccording to a statement made via social media, the reason for Isaac's cancellation is because he is 'now contractually obligated to attend the Primetime Emmy Awards Ceremony'.
Source: Channel24 - 🏆 48. / 51 Read more »
Coal divestment hits South Africa | Business | M&GCoruscaKhaya Stranded assets! Divesture from coal assets, class action from victims of pollution, possibly being sued by Enviromentalists, etc. These are realities that will face investors in coal assets within 20 years. They will not make any money from this. S32 sold them a lemon! Why can SASOL buy those mines and covert coals into oil like they doing. Nonsense. Coal fired power stations still generate 85% of power worldwide and not likely to go down soon
Source: mailandguardian - 🏆 2. / 92 Read more »
Ramaphosa: Foreign nationals must obey the laws of South AfricaPresident Ramaphosa addressed members of ANC branches in the greater Johannesburg region on Sunday. Hahaha No they must go, and we start over cause most of them have fraudulent documents from Gigabas times.
Source: ewnupdates - 🏆 30. / 53 Read more »
BUSNESS MAVERICK: Naspers is not running away from South AfricaSuch is the level of cynicism in South Africa currently that any company taking its wares to the international markets is viewed with suspicion. Some people wonder whether Naspers’ motives for its listing in Amsterdam isn’t motivated more by greed than anything else.
Source: dailymaverick - 🏆 3. / 84 Read more »