According to McKinsey’s latest report, there are about 613 Chinese firms doing business in Nigeria but not properly registered by Nigeria’s trade and tax authorities. Mckinsey claimed in in its report that about 930 Chinese firms plying their trade in Nigeria, as against the 317 firms documented by the Chinese […]
Home Finance Company (HFC) Bank Ghana Limited has appointed Mr. Anthony Jordan, General Manager, Risk Management of the Bank as the Acting Managing Director of the Bank with effect from August 22, 2017.The appointment is following the retirement of Mr. Robert Le His appointment is following the retirement of Mr. Robert […]
Phoenix New Media Limited, a leading new media company in China, announced that Ms. Shu Liu has resigned as Senior Vice President of the Company for personal reasons. This was confirmed in an official statement which also confirmed her replacement. The Company’s Vice President and Chief Editor, Mr. Ming Zou, […]
Government of China has issued a restriction on overseas investment in sectors such as real estate, hotels, entertainment, sport clubs in a bid to encourage local investment. The State Council released a guideline to promote healthy growth of overseas investment and prevent risks. According to the report, the guideline intends […]
Tegcoin, a digital currency scam is now calling on the unsuspecting public to buy into its fake cryptocurrency through an initial coin offering, ICO that was purportedly launched yesterday. One of the scam’s affiliates wrote a promotional message about Tegcoin on Radar, an online chat room for technology people in […]
A South African court has ruled that former finance minister Pravin Gordhan’s application seeking declaratory relief from having to intervene with the banks has been dismissed. Judge Aubrey Ledwaba read out the order at the North Gauteng High Court. The application was dismissed, with costs to be carried by the […]
Home Finance Company( HFC) Bank Ghana has announced the early retirement of the Managing Director, Mr. Robert Le Hunte which takes effect from August 21, 2017. Mr. Le Hunte is due to take up a Ministerial appointment in Trinidad and Tobago. Mr. Robert Le Hunte, MBA, MSc (Acct.), C.A., BA […]
Stanford Graduate School of Business has announced a USD3 million, three-year partnership with De Beers Groupto empower young, budding entrepreneurs and owners of established businesses in Botswana, Namibia, and South Africa through two new educational programs launching in 2018. Stanford is expanding two of its successful programs to Southern Africa: […]
South Africa’s ABSA Bank has just raised a five year $100 million Special Facility Agreement with the China Development Bank (CDB). This is the first major transaction between the two lenders and is geared towards providing funding to Small and Medium Enterprises (SME). ABSA said in the statement that the […]
An issuing house serve as aFinancial Advisers to quoted and unquoted companies, government institutions and state governments seeking to raise additional funds or funds to develop capital projects such as roads, schools, hospitals, infrastructures, etc. from the Capital Market. Their activities are not limited to the big companies and government, they […]