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Top global and African CEOs launch infrastructure business network on side-lines of World Economic Forum in South Africa

Published: Tue, 02 Jun 15

“Africa will only succeed when all public and private sector stakeholders will join their efforts” - AU Commissioner CAPE-TOWN, South-Africa: Top global and African Chief Executive Officers today launched a Continental Business Network (CBN) to fast-track high-level private sector investment into Africa’s ...
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Finding hidden market gems

Published: Tue, 02 Jun 15

Samantha Pauwels, portfolio manager at Cannon Asset Managers gives investors pointers to finding hidden market gems. It seems like just last month that the oil price slipped to fresh lows and the expected benefit was widely discussed in local news. Many analysts were anticipating consumers to have more disposable ...
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Deciphering Cryptocurrencies

Published: Mon, 01 Jun 15

Norton Rose Fulbright’s global cryptocurrency team has produced a global legal and regulatory guide to cryptocurrencies. The guide will be issued in a series of chapters, published monthly: Introduction to cryptocurrencies The legal nature of cryptocurrency Insuring cryptocurrency risks Taxation ...
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Agility Launches Photo Competition to Reflect Modern Africa

Published: Mon, 01 Jun 15

“Much of the world’s perception of Africa is outdated” - Geoffrey White, CEO of Agility Africa CAPE-TOWN, South-Africa: Agility (http://www. agility. com/africa), one of the world’s leading providers of integrated logistics, today launches a global photo competition to highlight the success ...
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The Revised BBEEE Codes: So what’s new?

Published: Mon, 01 Jun 15

By Saul Symanowitz, Divisional Manager of Sage Pastel BEE 123 Some of the dust is beginning to settle after the recent flurry of revisions to the already revised BBEEE Codes. So is there now enough certainty on key issues to allow you to start reworking your BBBEE strategy to meet the changes? Yes, there is. ...
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Comments on SARS Trade statistics: Standard Bank

Published: Mon, 01 Jun 15

By Karl Gotte, Standard Bank Commercial Banking “The country’s trade balance for April 2015 came in at a deficit of -R2,5 billion. However the quantum of the deficit was under the market’s expectations. Economic activity in the manufacturing industry reflected negative growth of 2,4 per cent quarter ...
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African Development Bank Presidential Election

Published: Fri, 29 May 15

Statement by Cristina Duarte, Minister of Finance and Planning, Republic of Cabo Verde "Our agenda must be to end the business of managing poverty and to refocus our efforts on creating and better managing our wealth in Africa" - Cristina Duarte ABIDJAN, Côte d’Ivoire: Dr. Akinwumi Adesina, ...
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DATA Report launch today - From Abidjan to Addis: Delivering in 2015 for Africa

Published: Fri, 29 May 15

The global drive to end extreme poverty will not succeed without a shift in focus to the very poorest ABIDJAN, Côte d’Ivoire: A new funding plan to deliver basic health and education for everyone is essential to end extreme poverty, according to The ONE Campaign’s DATA Report 2015: “Putting ...
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SA and Italian business and political leaders set to grow business in Europe and Africa at SA-Italy Summit

Published: Thu, 28 May 15

Cape Town: More than 100 top executives, economists, ministers and industry experts are set to meet later this year at the “South Africa-Italy Summit” to discuss how trade, investments and partnerships can be boosted between the two countries and continents. The high-level Summit - by invitation only - ...
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IOM assists vulnerable Ethiopian families get repatriated back to Ethiopia

Published: Thu, 28 May 15

Following recent violent attacks on migrants in KwaZulu-Natal, Johannesburg, and other parts of the country, many migrant families and individuals were displaced into temporary shelters and some forced to seek refuge within fellow nationals’ houses. The International Organization for Migration (IOM) has stepped ...
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Top three for the sought-after FPI Financial Planner of the Year award announced

Published: Thu, 28 May 15

Johannesburg, South Africa: The Financial Planning Institute (FPI), a South African Qualifications Authority (SAQA) recognised professional body, has recently announced the names of the top three professional financial planners who progressed to the third and final round of the 2015 FPI Financial Planner of the Year ...
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Sanlam Private Wealth named ‘Top Wealth Manager in SA’ for second year running

Published: Thu, 28 May 15

Cape Town: Sanlam Private Wealth has been named the top wealth manager in South Africa in the 2015 Intellidex’s Top Private Banks and Wealth Managers survey. “To receive the award for a second year running is an acknowledgement of the quality of our team, their continued hard work and our client centric ...
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PwC launches Boardroom Forum

Published: Thu, 28 May 15

PwC launches its Boardroom Forum aimed at bringing together SA’s leading board members Pressures mount on SA’s boards with increased risk and regulatory challenges South Africa’s boards need to have a combination of the right skills and expertise in the wake of demanding company law requirements ...
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Islamic finance transactions: Is default interest payable?

Published: Thu, 28 May 15

By Riza Moosa, Director Norton Rose Fulbright South Africa Islamic finance transactions are governed by Shariah law. These cater for Islam’s prohibition on charging interest. A court will however apply default interest to such a debt when the debtor has failed to perform a contractual payment obligation ...
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Africa's Top Bankers Celebrated

Published: Thu, 28 May 15

ABIDJAN, Cote d'Ivoire: Morocco's Groupe Banque Populaire triumphs as this year's African Bank of the Year, while Ghana's Albert Essien, Group CEO of Ecobank wins the award for African Banker of the Year. Ivorian Tidjane Thiam, the first African CEO of a FTSE100 company and Nigerian Jim Ovia, Chairman ...
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Economic crime in South Africa: fact or fiction?

Published: Wed, 27 May 15

Article by Terrance M. Booysen and peer reviewed by Sharon van Rooyen (Partner: EY) It’s a fact. No matter which global or regional surveys a person may refer to, the latest 2014/15 surveys on economic crime all show that crime of this nature is on the increase. Economic crime -- ...
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Wealth Hub Scheme

Published: Wed, 27 May 15

The Financial Services Board (FSB) has noted with concern the interview that was conducted on Radio 702 with Dr Ngoato Takalo, regarding the Wealth Hub scheme that she is a CEO and director of. When asked if the scheme is legal and whether she “has been to the Financial Services Board”, Dr Takalo replied ...
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FSB issues a caution on unregulated investment schemes

Published: Wed, 27 May 15

The Financial Services Board (FSB) has received numerous queries relating to KIPI’s registration with the regulator as a Financial Services Provider (FSP) and its legitimacy to provide such services. The FSB has no record of the scheme’s registration as an FSP, and its business dealings or those of or ...
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Intermediary association to reveal South Africa’s best financial services brands, as rated by brokers and advisers

Published: Tue, 26 May 15

      Justus van Pletzen, CEO of the FIA             Stakeholders in the financial services industry are looking forward to the 2015 Financial Intermediaries Association of Southern Africa (FIA) Awards gala dinner, to be held at the ...
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Centurion Square office development awarded five star green certification

Published: Tue, 26 May 15

PPS the only mutual financial services company in South Africa which focuses exclusively on graduate professionals, today announced that the Green Building Council of South Africa (GBCSA) has awarded a Five Star Green Star Office v1 Design rating certification to the PPS Property Fund Trust’s latest green office ...
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