African real estate has unique drivers for growth: PwC report

African real estate has unique drivers for growth: PwC report

Global megatrends, such as rapid urbanisation and demographic changes, will drive growth opportunities in the real estate industry across the African continent over the next five years. “The pace of change in the world is accelerating, with a series of transitions, known as global megatrends, transforming the way in which business and society operate,” says Ilse French, Real Estate Leader for PwC Africa. “More and more, investors around the world are seeing the growth potential…

Read More

Communicating with the one of the world’s fastest growing middle class

Communicating with the one of the world’s fastest growing middle class

Despite the vast opportunities that Africa is presenting to various brands and businesses, communicating with the continent’s one billion consumers can be a challenge due to the various cultures, political situations and language barriers that exist. This is according to Megan Collinicos, Head of Advertising and Public Relations for DHL Express Sub-Saharan Africa, who says that should messages and channels not be correctly targeted and adapted for this growing market, the success rate of businesses…

Read More

Nigerian Economy and Financial Market: After Elections… What Next?

Nigerian Economy and Financial Market: After Elections… What Next?

After Elections  …What Next? Nigeria’s macroeconomic scene in recent times has been laden with issues surrounding the domestic polity in anticipation of the upcoming elections in March and April. Election campaigns are getting more intense with no one actually sure of which of the two major political parties will carry the day. Falling oil prices still continues to pressure the fiscal stability of government whilst Naira stability is continually tensed on the back of falling external…

Read More

South Africa’s rand steady before Fed statement

South Africa’s rand steady before Fed statement

JOHANNESBURG (Reuters) – South Africa’s rand steadied against the dollar early on Wednesday, with markets waiting for the U.S. Federal Reserve’s policy statement for clues on when the Fed will hike interest rates.The rand was also under pressure after optimism provided by a narrowing of the current account deficit in the fourth quarter of 2014 was overshadowed by signs of foreign capital flight.At 0615 GMT the rand was trading at 12.3735 to the dollar, not…

Read More

Tunisia to start economic rescue plan, sees 7 pct growth in 5 years

Tunisia to start economic rescue plan, sees 7 pct growth in 5 years

TUNIS (Reuters) – Tunisia’s new government will launch an emergency economic plan that includes reforms in subsidies and social funds to revive growth to a projected 7 per cent in five years, Tunisian Prime Minister Habib Essid said.Tunisia has been praised as an example of compromise politics and democratic transition since overthrowing autocrat Zine El-Abidine Ben Ali in a 2011 uprising, holding free elections and drafting a new constitution.But the North African country faces pressure from…

Read More

How to make the most of strong trends with breakouts

How to make the most of strong trends with breakouts

WITH trends picking up steam over the last couple of months, we have seen the return of an old and familiar trading strategy: breakouts. The breakout was one of the first trading techniques I learned and it’s one of the easiest to understand. The idea is that the price trend of the asset we want to trade will remain in place. When the trend is bullish, we should buy when price breaks out above a…

Read More

African Market Watch: Monday, 16th March 2015

African Market Watch: Monday, 16th March 2015

Botswana: The Botswana Stock Exchange’s (BSE) domestic index gained 4.75pts (0.05%) to close at 9,674.15pts (with year-to-year performance 1.82%) and foreign index remained the same as last previous trading day to close at 1571.11pts (year-to-date of 0.41%). The market capitalisation recorded at BWP 415,603.92mn, the total volume and turnover were recorded at 188,475 shares and BWP 533,307.45 respectively. The market sentiment was positive today, as the market breadth (advancer/decliners ratio) berthed at 3x with 3…

Read More
1 118 119 120 121 122 141