NCC: Launch of EVC’s Compendium, New Strategic Vision

Stanbic IBTC Holdings PLC, a member of Standard Bank...

When apartheid ended in 1994, the ANC promised to make black South Africans richer (Black Economic Empowerment). The lot of poorer blacks, however, has not improved much. Many are frozen out of the workplace altogether. The unemployment rate among blacks is 28.5%, compared with 5.6% for whites. If those who want work but have given up looking for it are included, the jobless rate is a whopping 41.6% for blacks compared with 7.5% for whites. The Economist, April 27, 2013.

James Mworia is one of Kenya’s most respected business leaders. At 37, he is CEO of Centum, an East African investment company with interests in a variety of sectors, including energy, real estate, financial services and fast-moving consumer goods. Mworia is credited with transforming the company, set up in 1967, by championing investments in new sectors and expanding its geographical reach. Earlier this month, Mworia spoke at an Entrepreneurship Boot Camp in Nairobi organised by talent management company, Africa Talent Bank.

R-L:Chairman of House of Representatives Committee on Banking and...

In an attempt to deploy excess capital, some major European insurers have developed overseas operations over the past several years but are now taking a more cautious approach, as not all overseas strategies have proven successful, according to a new report published by A.M. Best. Well-capitalised insurers looked to overseas investments in order to improve margins during a time when traditional domestic markets remain mature and saturated, while low interest rates are hitting investment returns, said the report, titled “European Insurers Continue Overseas Expansion Drive but More Focused in Approach.”

  BudgIT, a leading civic transparency group, has called on...

Smile re-introduces its 4GLTE SIM offer backed by popular...

Mr. Ben Ujoatuonu Managing Director/CEO Universal Insurance Plc Universal Insurance Plc paid...