Top 15 Safest African Countries To Do Business
Posted on Wednesday October 04, 2023
In this article, we will take a look at the top 15 safest African countries to do business. If you want to skip our detailed analysis, you can go directly to Top 5 Safest African Countries To Do Business. The African region is home to some of the fastest-growing countries in the world. While the […]
Unraveling Absa Group Ltd's Dividend Performance and Sustainability
Posted on Wednesday September 13, 2023
Absa Group Ltd(AGRPF) recently announced a dividend of $6.85 per share, payable on 2023-09-18, with the ex-dividend date set for 2023-09-13. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's deep dive into Absa Group Ltd's dividend performance and assess its sustainability.
UPDATE 1-'BRICS bank' issues first South African rand bonds
Posted on Wednesday August 16, 2023
The development bank founded by the so-called BRICS countries closed the auction for its first South African rand bonds on Tuesday, as it comes under pressure to boost its local currency fundraising and lending. The New Development Bank's (NDB) two bonds, a 1 billion rand ($52.3 million) five-year note and a 500 million rand three-year note, attracted 2.67 billion rand of bids in total, according to auction results shared by two investors with Reuters.
Absa Group plans to open office in Beijing to serve Chinese firms with operations in Africa
Posted on Monday May 15, 2023
Absa Group, the South Africa-based lender, is poised to set up its first office in China by the end of this year, betting on the expansion of Chinese companies doing business on the continent, according to a senior executive. The office in Beijing is currently awaiting approval from authorities in South Africa. It is expected to be first launched as an advisory office with fewer than 10 people, connecting the decision makers of Chinese companies doing business in Africa with the bank. "We are qu
