Local government in South Africa is in crisis. How it can be fixed: South Africa's Auditor General Kimi Makwetu says most municipalities in the country are dysfunctional. Flickr/CGRMost of South Africa’s 257 municipalities are in a disastrous financial position. According to the country’s Auditor General, only 33 (13%) are in full compliance with the relevant legal … [Read more...] about Local government in South Africa is in crisis. How it can be fixed | The Conversation
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The African Development Bank (AfDB) appoints MCB Investment Management as Fund Manager for its first Fixed Income Exchange Traded Fund (ETF) in Africa
The African Development Bank (AfDB) appoints MCB Investment Management as Fund Manager for its first Fixed Income Exchange Traded Fund (ETF) in Africa: The African Development Bank (AfDB) (ww.AfDB.org) has appointed MCB Investment Management (MCBIM) (www.MCBCapitalMarkets.mu), a subsidiary of MCB Capital Markets, as Fund Manager for its first multi-jurisdictional Fixed Income … [Read more...] about The African Development Bank (AfDB) appoints MCB Investment Management as Fund Manager for its first Fixed Income Exchange Traded Fund (ETF) in Africa
Explainer: Nigeria’s move from a fixed to a floating exchange-rate policy | The Conversation
Explainer: Nigeria's move from a fixed to a floating exchange-rate policy: ShutterstockAfrica’s largest economy has finally floated its fixed currency exchange rate for the first time in history. The freeing of the Nigerian naira after months of policy debates saw the currency immediately plummet by 40%. One would have to go back two decades to find parallels. South Africa – … [Read more...] about Explainer: Nigeria’s move from a fixed to a floating exchange-rate policy | The Conversation
SA News: Fixed income investors to continue feeling the pinch – SSS
Fixed income investors to continue feeling the pinch – SSS: The global financial slowdown seems to have docked in southern Africa and with a higher risk of a recession in South Africa due to weak economic data released in the first quarter of this year, it would seem South Africa will not increase its interest ... Source: "South Africa" - BingNews Spin-king Tahir leaves … [Read more...] about SA News: Fixed income investors to continue feeling the pinch – SSS
Comtel Communications launches Unlimited Calling fixed line product
Comtel Communications, a Cape Town based Telecommunications Company have launched Unlimited Calling, a fixed-line product for both residential and business clients. This new offering is an addition to the company’s services that include Fibre & Wireless Connectivity, Hosted PBX & VoIP, and rolling out Open Access Fibre Networks into Multi-Tenant Developments and … [Read more...] about Comtel Communications launches Unlimited Calling fixed line product