Financial Services

November 15, 2017

World Update: Global factoring volume hits €2.37 trillion

Worried by the slow-paced growth of small and medium enterprises in Nigeria and other African countries, stakeholders have argued in favour of adoption of new and […]
November 14, 2017

Africa Update: South Africa’s Treasury turmoil sends rand to one-year low

South Africa’s rand tumbled more than one percent and the risk premium on government bonds soared on Monday over news of a top Treasury official resignation, […]
November 14, 2017

Africa Update: South Africa’s Eskom not insolvent but facing cashflow trouble

South Africa’s scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and would be in “trouble” if the […]
November 14, 2017

World Update: Pound slides on fears over May’s future

The British pound sank Monday on uncertainty surrounding Prime Minister Theresa May’s future, but the London stock market was buoyed by the sliding currency, dealers said. […]