Tag: Africa

Ecobank Ranked One of the Top African Banking Brands

Press Release/Ecobank Lome- Togo, February 4, 2014: Ecobank Transnational Incorporated (‘Ecobank’ or ‘the Group’) has been declared the most valuable brand in Africa – outside South Africa – in the annual ranking of the global banking and financial magazine ‘The Banker’ in its special edition Brand Finance Banking 500 of […]

South Africa was continent’s top FDI recipient in 2013

Foreign direct investment flows to Africa increased nearly 7 percent to an estimated $56 billion last year, nearly a fifth of which went to top recipient South Africa, a United Nations report said on Tuesday. Africa, along with Latin America and the Caribbean, helped drive FDI inflows to developing economies […]

British soapmaker Cussons spooks investors with currency hit

British soap and shampoo maker PZ Cussons said its first-half performance was hurt by weak emerging market currencies that showed no signs of improving, prompting a fall in its shares as some analysts cut their full-year forecasts. Cussons, the maker of Imperial Leather soaps, nevertheless posted a 7.9 percent rise […]