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1h
AllAfrica.com
UAP Counts Losses As Uchumi Issues Profit Warning for 2015Nairobi — UAP Holdings has posted a Sh449 million net loss in its 2015 half yea
UAP Counts Losses As Uchumi Issues Profit Warning for 2015
AllAfrica.com / Posted an hour ago
Nairobi — UAP Holdings has posted a Sh449 million net loss in its 2015 half year results compared to Sh53.8 million net profit recorded over the same period in 2014. The loss was mainly attributed to the weakening of regional currencies against the... Read more
2d
Daily Telegraph
The funds that did best and worst in the stock market turmoilSome large equity-only funds managed much better, although none gained in the p
The funds that did best and worst in the stock market turmoil
Daily Telegraph / Posted 2 days ago
Some large equity-only funds managed much better, although none gained in the period. The best performers among equity funds included many specialising in small companies in the UK and Europe that are less dependent on global demand led by China.... Read more
3d
Daily Telegraph
Forget Black Monday: the real stock market crash exposedThis is far from the only unnoticed aspect of the recent turmoil. When stock ma
Forget Black Monday: the real stock market crash exposed
Daily Telegraph / Posted 3 days ago
This is far from the only unnoticed aspect of the recent turmoil. When stock markets suffer large falls it is easy to assume that all investment funds will also have lost money. But this is not true – even an investor who chose the peak of the market... Read more
3d
iol.co.za
Market turmoil: stay anchored to your plan - Personal Finance InvestmentsNews about recent sharp falls in financial markets around the world have been d
Market turmoil: stay anchored to your plan - Personal Finance Investments
iol.co.za / Posted 3 days ago
News about recent sharp falls in financial markets around the world have been dramatically documented in the media under headlines referring to “Black Monday”, “the worst-ever decline”, “a US$5 trillion rout”, and “the rand plummets to a new all-time... Read more
3d
iol.co.za
How to deal with risk in your portfolio - Personal Finance InvestmentsIf the impact on your investments of the past three weeks gave you cause to pan
How to deal with risk in your portfolio - Personal Finance Investments
iol.co.za / Posted 3 days ago
If the impact on your investments of the past three weeks gave you cause to panic, here’s a list of things you can do. * Check your investment horizon. The longer you are invested, the less likely you are to suffer any investment losses. Equities... Read more
4d
AllAfrica.com
Zim's SA-Owned Banks Profitable Despite Bleak EconomySouth African-owned banks in Zimbabwe have continued to report profits, despite
Zim's SA-Owned Banks Profitable Despite Bleak Economy
AllAfrica.com / Posted 4 days ago
South African-owned banks in Zimbabwe have continued to report profits, despite their highly challenging operating environment. According to results released on Thursday, Standard Bank [JSE:SBK] unit Stanbic Bank reported a 10% growth in profit... Read more
4d
AllAfrica.com
Uchumi Stock Gains Most On Kipng'etich AppointmentThe naming of new Uchumi Supermarkets CEO, Dr Julius Kipng'etich, has seen the
Uchumi Stock Gains Most On Kipng'etich Appointment
AllAfrica.com / Posted 4 days ago
The naming of new Uchumi Supermarkets CEO, Dr Julius Kipng'etich, has seen the stock gain the most at the bourse to close at Sh7.75 on Wednesday. The share started trading at Sh7.45, rallied to a high of Sh8 but closed at Sh7.75. Uchumi stock had... Read more
4d
AllAfrica.com
Nicoz Improves Gross Premiums WrittenSHORT-term insurer NICOZ DIAMOND Insurance Limited (Nicoz), has notched US$22,4
Nicoz Improves Gross Premiums Written
AllAfrica.com / Posted 4 days ago
SHORT-term insurer NICOZ DIAMOND Insurance Limited (Nicoz), has notched US$22,4 million in gross premiums written (GPW) for the half-year to June 30, 2015, representing a 42 percent growth. NICOZ had turned over US$15,7 million during the prior... Read more
4d
norwichadvertiser24
Woodbury Parks Rebecca Tike wins place at Kinsale, County Corkgolf generic picture Thursday, August 27, 2015 As readers may well imagine th
Woodbury Parks Rebecca Tike wins place at Kinsale, County Cork
norwichadvertiser24 / Posted 4 days ago
golf generic picture Thursday, August 27, 2015 As readers may well imagine the weather has caused a certain amount of grief up here on the common, writes John Bridgman. To send a link... Read more
5d
AllAfrica.com
Insurance Sector Caught Up in Zim CrisisZIMBABWE'S insurance sector has been ravaged by an accelerating economic declin
Insurance Sector Caught Up in Zim Crisis
AllAfrica.com / Posted 5 days ago
ZIMBABWE'S insurance sector has been ravaged by an accelerating economic decline, with statistics indicating that short-term insurance has a penetration rate of 2,1 percent, one of the lowest in the region. The industry's growth is coming under... Read more
6d
Mail & Guardian
Rand's fall fails to flummox LesetjaThe rand’s slide to its lowest point since 2001 isn’t proving to be as big a he
Rand's fall fails to flummox Lesetja
Mail & Guardian / Posted 6 days ago
The rand’s slide to its lowest point since 2001 isn’t proving to be as big a headache for South African policymakers as it was the last time the currency was in freefall. Two years ago, the South African Reserve Bank estimated that every 10% decline... Read more
6d
Daily Telegraph
Why this is NOT the start of a bear market - four top investors give their verdict‘Economic recession is unlikely’ Gary Potter, who buys funds for F&C Investmen
Why this is NOT the start of a bear market - four top investors give their verdict
Daily Telegraph / Posted 6 days ago
‘Economic recession is unlikely’ Gary Potter, who buys funds for F&C Investments, described the global stock market rout as a “correction rather the start of a bear market”. He is adopting a “wait and see” approach and has not been making any... Read more
6d
AllAfrica.com
Nedbank Backs Women Action for DevelopmentNedbank Namibia, in partnership with Old Mutual Namibia, continues to extend it
Nedbank Backs Women Action for Development
AllAfrica.com / Posted 6 days ago
Nedbank Namibia, in partnership with Old Mutual Namibia, continues to extend its support to Women Action for Development (WAD) to host their field days for 2015. WAD has been primed to empower primarily rural women and men in the socio-economic and... Read more
7d
Daily Telegraph
'Black Monday': £74bn wiped off FTSE 100 as China fears spark global markets crashHere's a summation of a brutal and bloody Black Monday. Wild trading swings ha
'Black Monday': £74bn wiped off FTSE 100 as China fears spark global markets crash
Daily Telegraph / Posted 7 days ago
Here's a summation of a brutal and bloody Black Monday. Wild trading swings have been the order of the day in the US. Check out those intraday highs and lows. The Dow futures moved 4,500 points in Monday's session alone. The closing bell has rung... Read more
1186 related stories
7d
Daily Telegraph
'Black Monday': £74bn wiped off FTSE 100 as China fears spark global markets crashThe British insurer ticked a mere 3.7p, or 0.8pc, higher to 495p as a global ma
'Black Monday': £74bn wiped off FTSE 100 as China fears spark global markets crash
Daily Telegraph / Posted 7 days ago
The British insurer ticked a mere 3.7p, or 0.8pc, higher to 495p as a global market meltdown ensued, with China’s equity malaise wiping more than £74bn off Britain’s leading companies. Reports that RSA is seeking to extend the time Zurich Insurance... Read more
1186 related stories
7d
Daily Telegraph
'Black Monday': £91bn wiped off FTSE 100 as China fears spark global markets crash“They always start in foreign exchange markets and in this one it’s been rollin
'Black Monday': £91bn wiped off FTSE 100 as China fears spark global markets crash
Daily Telegraph / Posted 7 days ago
“They always start in foreign exchange markets and in this one it’s been rolling its way through currency after currency.” The emerging market crash of the 1990s led to “goldilocks” conditions in the developed world, lowering prices, whereas the... Read more
96 related stories
7d
Daily Telegraph
'Black Monday': £91bn wiped off FTSE 100 as China fears spark global panic-sellingIt is far from clear that the next Fed move will be a tightening. Here's that
'Black Monday': £91bn wiped off FTSE 100 as China fears spark global panic-selling
Daily Telegraph / Posted 7 days ago
It is far from clear that the next Fed move will be a tightening. Here's that 1000 point fall in the Dow. Meanwhile, the FTSE has now lost £91bn so far today and is well on course for its worst day of trading for four years. Markets are crashing -... Read more
96 related stories
7d
Daily Telegraph
'Black Monday': £91bn wiped off FTSE 100 as China fears spark global panic-sellingMarkets are crashing - all caused by poor planning and allowing China and Asia
'Black Monday': £91bn wiped off FTSE 100 as China fears spark global panic-selling
Daily Telegraph / Posted 7 days ago
Markets are crashing - all caused by poor planning and allowing China and Asia to dictate the agenda. This could get very messy! Vote Trump. That 1000 opening plunge has now recovered to around 500 points, taking us down by just 6.3pc on the day for... Read more
96 related stories
7d
Daily Telegraph
'Black Monday': £56bn wiped off FTSE 100 as China fears prompt global panic-selling12.50 Indian stocks have worst day for six years Indian equities crashed by t
'Black Monday': £56bn wiped off FTSE 100 as China fears prompt global panic-selling
Daily Telegraph / Posted 7 days ago
12.50 Indian stocks have worst day for six years Indian equities crashed by their most since 2009 as the global markets rout engulfed Asia’s fourth-biggest market by value. The country's biggest commodity companies saw the sharpes sell-offs, with... Read more
96 related stories
7d
iol.co.za
Britain's FTSE drops sharplyLondon - Britain's top share index fell sharply on Monday, with all individual
Britain's FTSE drops sharply
iol.co.za / Posted 7 days ago
London - Britain's top share index fell sharply on Monday, with all individual stocks in the red and miners leading the slide as widespread fears of a China-led global economic slowdown continued to roil equities. Alarm bells rang across world... Read more
2 related stories
8d
Daily Telegraph
'Black Monday': £44bn wiped off FTSE 100 as China fears prompt global panic-sellingMarkets have subtsantially revised their expectations for the first interest ra
'Black Monday': £44bn wiped off FTSE 100 as China fears prompt global panic-selling
Daily Telegraph / Posted 8 days ago
Markets have subtsantially revised their expectations for the first interest rate hike in the US for nine years. The probability has fallen to 30pc from around 50pc last week. Larry Summers, former US treasury secretary, has described a September... Read more
2 related stories
8d
Reuters UK Edition
FTSE falls sharply as China worries rock global equitiesPeople pass electronic information boards at the London Stock Exchange in the C
FTSE falls sharply as China worries rock global equities
Reuters UK Edition / Posted 8 days ago
People pass electronic information boards at the London Stock Exchange in the City of London October 11, 2013. LONDON Britain's top share index fell sharply on Monday, with all individual stocks in the red and miners leading the slide as widespread... Read more
2 related stories
9d
AllAfrica.com
UAP Sees Loss Ahead of Old Mutual MergerUAP Holdings has slipped into Sh237 million loss even as the insurance company
UAP Sees Loss Ahead of Old Mutual Merger
AllAfrica.com / Posted 9 days ago
UAP Holdings has slipped into Sh237 million loss even as the insurance company prepares to merge with Old Mutual. The two insurers are integrating their businesses to form UAP-Old Mutual Group. In June 2015, Old Mutual increased its stake in UAP to... Read more
10d
Business Wire
A.M.BestTV: Blue Marble Explores New Approach to MicroinsuranceBlue Marble is a consortium of eight companies, American International Group, A
A.M.BestTV: Blue Marble Explores New Approach to Microinsurance
Business Wire / Posted 10 days ago
Blue Marble is a consortium of eight companies, American International Group, Aspen Insurance, Guy Carpenter Company, LLC, Hamilton Insurance Group, Old Mutual, Transatlantic Reinsurance, XL Catlin and Zurich Insurance, which are working collectively... Read more
10d
iol.co.za
Workshops on managing your financesWhether you’re taking your first step on the corporate ladder or you run a larg
Workshops on managing your finances
iol.co.za / Posted 10 days ago
Whether you’re taking your first step on the corporate ladder or you run a large company, when it comes to offers of credit, everyone is a target, Barry O’Mahony, the founder of Veritas Wealth, says. “We all need to look at breaking debt cycles and... Read more
10d
AllAfrica.com
Nedbank Supports Women Action for DevelopmentNedbank in partnership with Old Mutual Namibia continues its extended support t
Nedbank Supports Women Action for Development
AllAfrica.com / Posted 10 days ago
Nedbank in partnership with Old Mutual Namibia continues its extended support to Women Action for Development (WAD) to host their Field Days for the following one-year period. WAD has been primed to empower primarily rural women and men in the... Read more
10d
Daily Telegraph
FTSE below 6300: here are 12 fund bargainsWorries about China have taken centre stage this week, but bearish fund manager
FTSE below 6300: here are 12 fund bargains
Daily Telegraph / Posted 10 days ago
Worries about China have taken centre stage this week, but bearish fund managers argue that there are more deep-rooted problems that leave London-listed shares looking exposed. Respected investors such as Iain Stewart, who works for Newton, the fund... Read more
10d
AllAfrica.com
'I Was Born to Run'Windhoek — When Namibia's newly crowned Special Olympics gold medallist, Ruben
'I Was Born to Run'
AllAfrica.com / Posted 10 days ago
Windhoek — When Namibia's newly crowned Special Olympics gold medallist, Ruben Gowaseb, was a mere eight-year-old, his mother had already discovered his athletic abilities. As a young lad Ruben, though intellectually challenged, used to amaze his... Read more
11d
AllAfrica.com
Job Losses Need Not Become a National DisasterYesterday I got the opportunity to listen to an interesting programme on StarFM
Job Losses Need Not Become a National Disaster
AllAfrica.com / Posted 11 days ago
Yesterday I got the opportunity to listen to an interesting programme on StarFM radio in which lawyer, author and motivational speaker Mr Arthur Marara spoke passionately about the need for people to speak positively about themselves and the... Read more
11d
Manchester Evening News
Lifelong pals reveal story behind booming mobile games firm PlaydemicSpotting the next big thing is a refined and enviable talent in the business wo
Lifelong pals reveal story behind booming mobile games firm Playdemic
Manchester Evening News / Posted 11 days ago
Spotting the next big thing is a refined and enviable talent in the business world. But two lifelong pals have made an entire career in the gaming industry out of doing precisely that. From distributing games via e-mail 15 years ago, to making the... Read more
12d
AllAfrica.com
Rate Cap Just Fine, Says CabsOLD Mutual Zimbabwe's mortgage lending unit, CABS, will not feel the full impac
Rate Cap Just Fine, Says Cabs
AllAfrica.com / Posted 12 days ago
OLD Mutual Zimbabwe's mortgage lending unit, CABS, will not feel the full impact of an interest rate cap announced by the Reserve Bank of Zimbabwe (RBZ) three weeks ago, a senior executive said, noting that its interest rates were already competitive... Read more
12d
iol.co.za
OR Tambo office space in demandJohannesburg - Strong demand for office space in and around the OR Tambo Aerotr
OR Tambo office space in demand
iol.co.za / Posted 12 days ago
Johannesburg - Strong demand for office space in and around the OR Tambo Aerotropolis is stimulating construction there. This demand has kick started the R600 million expansion by Krisp Properties of its AAA-grade Clearwater office park along Atlas... Read more
12d
AllAfrica.com
A Wave of Mergers and Buy-Outs Hits Uganda's Corporate MarketA wave of mergers and acquisitions is sweeping through Uganda's corporate firms
A Wave of Mergers and Buy-Outs Hits Uganda's Corporate Market
AllAfrica.com / Posted 12 days ago
A wave of mergers and acquisitions is sweeping through Uganda's corporate firms, with five deals sealed in the months of June and July alone. The wave started early in the year, where 8 Miles, a London headquartered equity fund, announced that it... Read more
13d
Finextra
GMEX appoints index oversight committeeThe Board of Global Derivatives Indices Limited (GDI), the index and product de
GMEX appoints index oversight committee
Finextra / Posted 13 days ago
The Board of Global Derivatives Indices Limited (GDI), the index and product development arm of GMEX Group, has established an Index Oversight Committee in order to oversee the compilation methodology and production of indices published by GDI. The... Read more
13d
iol.co.za
Weak rand no headache for KganyagoJohannesburg - The rand’s slide to the lowest since 2001 isn’t proving to be as
Weak rand no headache for Kganyago
iol.co.za / Posted 13 days ago
Johannesburg - The rand’s slide to the lowest since 2001 isn’t proving to be as big a headache for South African policy makers as it was the last time the currency was in free-fall. Two years ago, the South African Reserve Bank estimated that every... Read more
3 related stories
13d
Corpus Christi Caller-Times
Port officials weigh franchise for Cheniere, pilot work hoursThe Port of Corpus Christi commissioners will hear the first reading of a franc
Port officials weigh franchise for Cheniere, pilot work hours
Corpus Christi Caller-Times / Posted 13 days ago
The Port of Corpus Christi commissioners will hear the first reading of a franchise to grant Cheniere Ingleside Marine Terminal the right to cross the LaQuinta Ship Channel. The commission will take up the measure at its regular meeting Tuesday at... Read more
14d
AllAfrica.com
EA Banks Weather Challenges, Post Positive First Half Results, But...East African banks weathered a challenging operating environment to post health
EA Banks Weather Challenges, Post Positive First Half Results, But...
AllAfrica.com / Posted 14 days ago
East African banks weathered a challenging operating environment to post healthy profits during the first six months of this year. But analysts are painting a grim picture of the second half in the wake of rising interest rates, exchange rate... Read more
15d
AllAfrica.com
Makuwe Is BackNew Zealand-based playwright Stanley Makuwe is back with a new play titled "Chi
Makuwe Is Back
AllAfrica.com / Posted 15 days ago
New Zealand-based playwright Stanley Makuwe is back with a new play titled "Chimbwido Girl of War" that sets out to show the role of women in society. Much more than a war story, the play, which is also a family story, highlights the role of women in... Read more
15d
Gulf News
Why investors should stop worrying and learn to love high CEO pay?Property website unveiled a new incentive scheme for chief executive, with two
Why investors should stop worrying and learn to love high CEO pay?
Gulf News / Posted 15 days ago
Property website unveiled a new incentive scheme for chief executive, with two stretch targets By Jonathan Guthrie, Financial Times London: How relaxed should investors be about chief executives becoming filthy rich, to frame a question in terms... Read more
17d
New Zimbabwe
Old Mutual feels pinch, eyes vendorsOLD Mutual Zimbabwe says it intends to provide infrastructure for the country’s
Old Mutual feels pinch, eyes vendors
New Zimbabwe / Posted 17 days ago
OLD Mutual Zimbabwe says it intends to provide infrastructure for the country’s growing informal sector as the company adjusts its products range to suit the changing economic environment, an official has said. Zimbabwe’s economy has rapidly turned... Read more
17d
AllAfrica.com
African Business Leaders to be Honoured on the Eve of the UN Sustainable Development Summit in New York – Ai Shortlist AnnouncedAfrica investor (Ai), a leading international investment and communications gro
African Business Leaders to be Honoured on the Eve of the UN Sustainable Development Summit in New York – Ai Shortlist Announced
AllAfrica.com / Posted 17 days ago
Africa investor (Ai), a leading international investment and communications group, today announced the shortlist for its prestigious international Ai Investment and Business Leader Awards, established in 2005, to shed light on Africa’s many... Read more
18d
AllAfrica.com
Economic Slump Slows Property SectorA recent study on the property market in Africa by leading real estate firm, Kn
Economic Slump Slows Property Sector
AllAfrica.com / Posted 18 days ago
A recent study on the property market in Africa by leading real estate firm, Knight Frank, highlights the growing demand for property in Africa as well as the disparities in rentals across the region. According to the study, growth in demand for... Read more
18d
AllAfrica.com
Local Banks Deposit U.S$126 Milllion SurplusZimbabwean banks deposited a total of US$126 million as surplus as at July 31 t
Local Banks Deposit U.S$126 Milllion Surplus
AllAfrica.com / Posted 18 days ago
Zimbabwean banks deposited a total of US$126 million as surplus as at July 31 this year as the liquidity situation in the sector improves, Reserve Bank of Zimbabwe (RBZ) deputy governor Kupukile Mlambo has said. Speaking on the sidelines of the... Read more
2 related stories
18d
AllAfrica.com
Old Mutual Embraces Informal SectorOld Mutual Zimbabwe plans to spread its integrated financial products dubbed th
Old Mutual Embraces Informal Sector
AllAfrica.com / Posted 18 days ago
Old Mutual Zimbabwe plans to spread its integrated financial products dubbed the Green Zone across the country this year as it moves to bring its services closer to the informal sector, an official has said. Old Mutual commissioned the one-stop shop... Read more
18d
AllAfrica.com
Africa investor Institutional Investment and Capital Market Awards 2015 Shortlist AnnouncedAfrica investor (Ai), a leading international investment and communications gro
Africa investor Institutional Investment and Capital Market Awards 2015 Shortlist Announced
AllAfrica.com / Posted 18 days ago
Africa investor (Ai), a leading international investment and communications group, today announced the shortlist for its prestigious Ai Institutional Investment and Capital Market Awards 2015, to be held on the 25th of September 2015 at the Thomson... Read more
18d
Zero Hedge
August 13Overnight Media Digest * Vice President Joe Biden this week is sounding out fr
August 13
Zero Hedge / Posted 18 days ago
Overnight Media Digest * Vice President Joe Biden this week is sounding out friends and family about a presidential bid, as some Democrats press him to enter the race and give the party another option in the face of lingering controversies involving... Read more
18d
AllAfrica.com
SA-Owned Zim Units Post Earnings GrowthSA-owned, Zimbabwe-based financial services units reported growth in both the t
SA-Owned Zim Units Post Earnings Growth
AllAfrica.com / Posted 18 days ago
SA-owned, Zimbabwe-based financial services units reported growth in both the top and bottom line for the half year ended June 30 2015. Old Mutual Zimbabwe, which is owned by Old Mutual [JSE:OML], reported a 2% growth in its adjusted interim... Read more
18d
AllAfrica.com
Old Mutual Zimbabwe GrowsOLD Mutual Zimbabwe Limited's pre-tax profits rose by US$3,1 million during the
Old Mutual Zimbabwe Grows
AllAfrica.com / Posted 18 days ago
OLD Mutual Zimbabwe Limited's pre-tax profits rose by US$3,1 million during the first half of 2015 to US$14,6 million, with group chief executive officer, Jonas Mushosho, revealing that the company was implementing strategies to grow the business... Read more
19d
AllAfrica.com
MBCA Clients to Access Lending From NedbankMBCA Bank, a unit of South Africa's fourth largest bank by market capitalisatio
MBCA Clients to Access Lending From Nedbank
AllAfrica.com / Posted 19 days ago
MBCA Bank, a unit of South Africa's fourth largest bank by market capitalisation, Nedbank, registered an increase in post tax profit for the half-year ended June 30, 2015, remarkably shrugging off an economic decline that resulted in increased job... Read more
19d
AllAfrica.com
Gauteng Human Settlements On Strengthening of Public Private Partnerships in Human Settlements to Advance Mega Cities StrategyThe strengthening of public private partnership in human settlements got a meas
Gauteng Human Settlements On Strengthening of Public Private Partnerships in Human Settlements to Advance Mega Cities Strategy
AllAfrica.com / Posted 19 days ago
The strengthening of public private partnership in human settlements got a measure boost today when the Gauteng Provincial Government signed a Memorandum of Understanding (MOU) with Old Mutual, formally starting a relationship that will help the... Read more
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