Tag: South Africa

South Africa: Facing the Challenges of the Global Economy

David Lipton, First Deputy Managing Director International Monetary Fund South African Institute of International Affairs, Pretoria May 8, 2013   I would like to thank the Institute for its invitation. I am honored to speak today before an organization so involved in South Africa’s emergence onto the world stage. South […]

NSE Again Outperforms Kenya, South Africa in YTD Return

The Nigerian equities market has again outshone two of the major stock Exchanges in Africa, Kenya and South in its year-to-date (YTD) performance, having sustained its upward trajectory in the new year. The Nigerian Stock Exchange (NSE) surged by 13.4 per cent in January, and has now risen by 18.5 […]

NAICOM Approves Old Mutual’s Acquisition of Oceanic Life Insurance

The National Insurance Commission (NAICOM) has sanctioned the acquisition of Oceanic Life Insurance Limited, a former subsidiary of the defunct Oceanic Insurance Company Limited by a leading South African insurer, Old Mutual. The new entity is to be known as Old Mutual Nigeria Life Assurance Company Limited (OMNiLAC). Under the […]