A turnaround that investors have bet on in South Africa is coming true — at least in the nation’s credit outlook.
Browsing: Standard Chartered
The most pivotal South African election in decades is already turning the tide of the country’s financial markets.
South Africa has strong institutions that can buttress its economy, the head of research at Standard Chartered Bank said.
South African inflation quickened more than expected in October, approaching the upper end of the Reserve Bank’s preferred range.
Bitcoin could reach $50 000 this year and $120 000 by the end of 2024, Standard Chartered said on Monday.
Bitcoin could reach $100 000 by the end of 2024, Standard Chartered said on Monday, saying that the “crypto winter” is over.
A Standard Chartered unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting institutional clients, the bank said on Wednesday.
Liquid Telecom, majority owned by African telecommunications tycoon Strive Masiyiwa, raised $840-million in a bond sale to refinance debt and expand further into Africa.
Liquid Telecom, which recently concluded the R6.5bn acquisition of Johannesburg-headquartered Neotel, is raising US$700m (about R9bn) in long-term debt as it eyes further investment in network infrastructure in South Africa
Tower operator Eaton Towers has raised US$350m (about R4,4bn) in new equity funding from existing and new shareholders to fund expansion and acquisitions across Africa, it said on Friday. At the same time, the company has signed