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Author: Curated Content
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Best Shares in Kenya for Investors in the Last Year
Companies in Kenya with the best share price growth in the last year.
S. African president reiterates country’s quest for land redistribution
South African President Cyril Ramaphosa on Saturday reiterated the government’s quest of land redistribution to bring about equity. “We will intensify our struggle to return the land to the people and build an inclusive economy that benefits all South Africans. It is a struggle to eradicate the privileges of the few and to entrench human…
Introduction of minimum wage ($1.66) in South Africa delayed
The introduction of a national minimum wage of 20 rand ($1.66) an hour in South Africa could be delayed by up to two months as parliament is yet to approve necessary draft legislation, a spokesman for the labour ministry said on Friday. The minimum wage – a policy championed by President Cyril Ramaphosa as an…
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Stanbic Bank Zimbabwe deposits up-to $1.2 billion
STANBIC Bank Zimbabwe has exceeded $1 billion deposits in the financial year ended December 31, 2017. The bank’s customers are, however, struggling to settle foreign payments as a result of foreign currency shortages. Since last year, Zimbabwe’s banking institutions have been facing the depletion of nostro accounts used in funding foreign payments. The trend has…