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KCB started with a restructuring program in 2011, which included a reduction in director- level posts from 22 to 7, and the release of 120 staff.10 In addition, KCB has been pursuing digiti- zation throug...
Thor's investment story since winning the 2018 Investment Battelfield. Find out what happened 18 months after being crowned the champion, securing financial backing with long-term stakeholder, Africa Finance Corporation. Download the study Inspiring the next generation of Women ...
From different side discussions I participated in here in Washington DC on this subject matter, as we conclude the 2025 World Bank/IMF Spring Meetings, one message is abundantly clear: Africa must come prepared to the Fourth Financing for Development (FFD4) Conference in Seville. It should not ...
In a boost for South Africa’s construction sector, Nedbank Corporate and Investment Banking (CIB) is to accelerate its funding for affordable homes after securing a US$200mn loan from IFC, the World Bank’s private finance arm IFC will provide Nedbank CIB with a senior loan of US$200mn...
it so when a customer takes money out of the bank they can walk right out of the door and into one of their community’s stores which in turns allows that store to pay back its loan so that its banks remain strong and other businesses can borrow and grow and employ those in their ...
According to the African Development Bank, removing tariffs on intra-African trade will boost net income at the continental level by US$2.8 billion per annum. Removing the ad valorem tariff equivalents of non-tariff barriers on goods and services would result in a 1.25 percent increase in net ...
"Building Bridges: China's Growing Role as Infrastructure Financier for Africa"; ICA (2007); McKinsey Global Institute An additional $17 billion—approximately a third of the investment gap—could be generated by improving the efficiency of infrastr...
The People’s Bank of China (PBOC), China’s central bank, has signed successive currency swap agreements with the central banks of South Africa, Morocco, Egypt and Nigeria, to a total amount of RMB73 billion. China has signed a memorandum of understanding on cooperation in financial ...
. Furthermore, Takealot has advocated for their international industry partners to collaborate with local businesses and open local bank accounts to ensure fair tax contributions. With the shift in the Commission’s focus from market dynamics to international players, South African fans of the two ...