Uganda: Absa to Acquire Standard Chartered’s Retail, Wealth Business in Uganda

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[Daba Finance] Standard Chartered has agreed to sell its retail and wealth management operations in Uganda to South Africa’s Absa Group for an undisclosed amount The transaction forms part...

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South Africa: Prescient Launches Balanced Feeder Active Etf On JSE

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[Daba Finance] Prescient Investment Management has launched the Prescient Balanced Feeder AMETF (PBLNCD) on the Johannesburg Stock Exchange (JSE) The fund, which complies with Regulation 28 of South Africa’s...

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Malawi: Malawi Court Halts Bushiri Extradition to South Africa

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[Scrolla] Justice Mzonde Mvula said the lower court denied the Bushiris a fair hearing and used unauthenticated and hearsay evidence to order their extradition. The court also cited safety...

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Zimbabwe: Mnangagwa’s Third Term Bid Foments Violence

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[ISS] The ruling party’s decision to extend President Mnangagwa’s second term in office is inflaming tensions in Zimbabwe.

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South Africa: The High Stakes of Principle: The Ideological Battle Dividing Washington and Pretoria

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[InfoWire] Recent months have witnessed U.S.-South African relations enter their most difficult phase since apartheid’s end. A diplomatic disagreement has evolved into a geopolitical confrontation reshaping Africa’s power balance....

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Financial services ombud puts R31.7 million back in South Africans’ pockets

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The FAIS Ombud deals with complaints submitted by a client against a financial services provider

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Will Reserve Bank still cut repo rate with inflation target of 3%?

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Although a 25 basis points cut in the repo rate does not sound like a big difference, cash strapped consumers will take any extra money they can get.

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