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Carlyle Group, Others Invest $210m In Tanzania

AFRICANGLOBE - World leading asset management firm, The Carlyle Group, South African private equity fund, Pembani Remgro, and Standard Chartered have announced plans to...

Bank Set to Pour Investment Into Africa

Standard Chartered is looking to consolidate its emerging markets dominance by pouring $100m into Africa by 2015. The London-headquartered bank says it can double...

African Markets Outperform Rivals

With global growth subdued, African markets are outperforming their rivals. As the global economy muddles through, African equity, FX, local bond and Eurobond markets are...

China to Become Africa’s Biggest Export Market in 2012

Already Africa's single biggest trading partner, China is set to become the continent's largest export destination in 2012 according to South African based Standard...

African Economies ‘To Remain Resilient’ in 2012

While economic growth in Africa will remain subdued at about 5% in 2012, in line with an expected slowdown in global activity, none of the continent's key economies are expected to slip into recession, a new report by Standard Bank says. The bank's latest African Markets Revealed report examines some of the key international and local factors that will drive markets in 21 African economies and covers strategies for investing in the continent across foreign exchange, interest rates, equities and Eurobonds.

Zimbabwean Govt Rejects Standard Chartered Bank’s Indigenisation Plan

Standard Chartered Bank Zimbabwe is on a collision course with Government after expressing reluctance to meet indigenisation thresholds in line with the empowerment laws.

Russell Simmons Eyes TV Network Purchase

Music mogul Russell Simmons is eyeing a major media purchase: he wants to buy a TV network. The channel would be "integrated" and truly "diverse," not segregated as is the standard now.

South African Markets Stable Through U.S. Debt Downgrade

South African markets are stable enough to function through the knock-on effects of the United States debt downgrade, the department of finance and the SA reserve bank (Sarb) said

Standard Bank Declared Africa's Top Bank

Standard Bank, has been named Africa's top bank based on financial strength as seen by regulators. The recognition is contained in The Banker magazine's 2011...

Cash Limit to Boost Competition Among Banks in Nigeria

Standard Chartered Bank has said the proposal by the Central Bank of Nigeria (CBN) to limit daily cash withdrawal and lodgment in the country will strengthen competition among banks.