Latest News for: African financier

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Tough times ahead as South Africans face financial crises

Independent online (SA) 03 Feb 2023
“For many South Africans, this is worse than rising interest rates ... Many South Africans will be feeling a sense of dread as they are forced to come to terms with their own potential financial crisis ... Steyn points out that all South Africans are in the same boat when it comes to the financial pressures associated with the current financial crisis.
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AfDB Group, Government of Canada announce funding facility to grow SMEs

Joy Online 03 Feb 2023
“It will also help African SMEs to pursue climate smart models, and support women by shifting attitudes that perpetuate gender gaps in financial inclusion,” said Anita ... agri-food sector investments by partnering with the financial instruments of the African Development Bank.
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South African Retailer Pick n Pay Now Accepting Payments via BTC at All Its Stores

Bitcoin 03 Feb 2023
2022, the South African retail giant’s acceptance of bitcoin as a means of payment was made possible by the Financial Sector Conduct Authority (FSCA)’s decision to declare crypto a financial product ... Register your email here to get a weekly update on African news sent to your inbox..
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African American art show, Black college fair set for Saturday in Killeen

Killeen Daily Herald 03 Feb 2023
The 6th annual Historically Black College University College Fair and the African American Arts and History Showcase will take place Saturday at Killeen Civic and Conference Center, 3601 S ... Financial literacy and workshops are geared toward parents and chaperones.
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Chinese Lending at 13-Year Low; US Pledges Africa Investment

Beijing News 03 Feb 2023
In Africa, Thomas-Greenfield blamed China for indebting African countries ... He noted that 'there is no question that the combination of the COVID-19 pandemic, China's domestic financial woes and disillusionment with growing difficulties of African sovereigns to service their debts to Chinese lenders has led to a downscaling of new Chinese loans.
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Historian: Handwritten list opened doors for Black inventors

Wtop 03 Feb 2023
Patent protection for a lot of African American inventors was rather difficult to achieve,” said Rebekah Oakes, acting historian with the U.S ... “There were financial barriers, and, especially for African American patent holders, regarding their race,” Oakes said.
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Russia to Help CAR Legalize Diamonds Export - Ambassador

Urdu Point 03 Feb 2023
MOSCOW (UrduPoint News / Sputnik - 03rd February, 2023) Russia intends to help the Central African Republic (CAR) legalize the export of diamonds to solve the country's financial problems, Russian Ambassador to car Alexander Bikantov told Sputnik.
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L&C celebrating Black History Month

The Telegraph - Alton 03 Feb 2023
Goins, who spoke to the group about the importance of financial literacy, is a retired bank manager and was the first African American woman to be hired as a branch manager in the Riverbend area ... Goins told the group they can rebound from bad financial decisions and reach their goals, but it takes work.
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Sanlam buys rest of BrightRock and beefs up Capital Legacy stake

Business Day 03 Feb 2023
Through its 25% shareholding in African Rainbow Capital Financial Services Investments (ARC FSI), Sanlam already has an indirect holding in Capital Legacy ... .
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Black/African American History includes Corporate Exploitation

GlobalResearch 02 Feb 2023
Toxic industries tend to be placed or to expand in African American poor communities. The explosion of police violence against innocent African Americans in cities and subsequent financial settlements in amounts that communities can not afford has given rise to a new profitable financial instrument for corporate and individual investors.
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Black Reparations Inspiring a Multicolored Pandora's Box of Intersectional Demands

Black Hills Pioneer 02 Feb 2023
Until a few years ago, the idea of paying financial reparations to descendants of African slaves was dismissed as a fringe idea ... For many Americans the word “reparations” is synonymous with a financial debt owed to African Americans for discriminatory policies that advocates refer ...
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Exempt vehicle insurance funds from Domestic Debt Exchange Programme – Government told

Joy Online 02 Feb 2023
According to Young Africans for Opportunities, exempting vehicle insurance would not significantly impact the government’s DDEP because the government needs to first demonstrate its commitment to ensuring financial stability rather than falling on individuals’ funds safeguarded for unforeseen circumstances.
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NANDI MXOKOZELI: Women undervalue their financial nous despite rising earnings, studies show

Business Day 02 Feb 2023
Financial inclusion ... Perhaps less surprising is that SA women are faring significantly better in terms of financial participation and inclusion than women across other Southern African Development Community countries, a big factor being ongoing grant payments ... Financial decisions ... Financial competence.
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Help world’s poor as well as Ukraine, say faith charities as pope visits South Sudan

The Guardian 02 Feb 2023
An open letter, backed by opinion poll, urges the UK to restore aid budget on eve of a three-day ‘pilgrimage for ...
photo: AP / Achmad Ibrahim
Employees of Indonesia's national oil company Pertaminia load trucks at a fuel storage depot Friday Sept. 9, 2005 in Jakarta. People are feeling the pinch of higher oil prices all over asia. In Indonesia, looming cuts in fuel subsidies which keep gasoline prices at 2,400 rupiah a liter (91 U.S. cents a gallon) have people worried about higher costs for fuel as well as other basic necessities, and the possibility of social unrest. (AP Photo/Achmad Ibrahim)
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Column: Asia's crude oil imports hit record high, but it's not China: Russell

Reuters 02 Feb 2023
Much of the recent market narrative has been how China's re-opening from COVID-19 lockdowns will drive up crude oil demand, but the data shows this story has yet to play out in reality ... 24 last year ... Before becoming a financial journalist in 1996, Clyde covered civil wars in Angola, Mozambique and other African hotspots for Agence-France Presse.

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