Updates

Development Bank of Southern Africa announces Financing of 21 Renewable Energy Projects

This announcement comes two weeks after the release of the DBSA’s financial results which revealed that the bank had delivered a net profit of R2.6bn October 7, 2016/The Development Bank of Southern Africa The Development Bank of Southern Africa (DBSA) (www.DBSA.org) has financed 21 renewable energy projects since the launch of […]

IMF, global finance leaders fret over populist backlash

6/10/2016/Reuters By David Lawder | WASHINGTON World finance leaders on Thursday decried a growing populist backlash against globalization and pledged to take steps to ensure trade and economic integration benefited more people currently left behind. Their comments at the start of the International Monetary Fund and World Bank fall meetings […]

South Africa’s net reserves rise to $41.953 billion in September

October 7, 2016/Reuters South Africa’s net foreign reserves rose to $41.953 billion in September from $40.795 billion the previous month, the Reserve Bank said on Friday. Gross reserves were also up at $47.247 billion from $45.708 billion, the bank’s data showed. The forward position, which represents the central bank’s unsettled […]