African Development Bank launches US$ 2 billion 1.625% Global Benchmark due 16 September 2022

The African Development Bank (AfDB), has launched and priced a US$ 2 billion 3-year Global Benchmark bond due 16 September 2022, its first US$ benchmark of the year. Launched on September 11, the bond issue is the Bank’s second Global Benchmark of 2019, following a EUR 1 billion 10-year priced in March 2019. With this transaction, the Bank has now raised US$ 4.4 billion in 2019 to date and executed 61% of its borrowing program for the year. The transaction received strong support from investors globally, with order books reaching…

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Money market or buying a home – pro’s and cons

For many baby boomers, owning a home had been the best money investment. Nowadays, there are many variables to take into consideration, but analysts still believe that property should be considered above playing on a volatile money market. In other words, one still gets a better return on a property investment as one would over the same period on any scheme such as an investment fund. Of course, agents in various markets will convince anyone on their preferred brand of doing business, but taking everything into consideration, our parents did…

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Gold regains its glister

BM-Sasha-gold

The price of gold has risen by almost 15% since the end of May 2019, driven by slowing global growth, unprecedented levels of geopolitical uncertainty, and a change in the US Federal Reserve’s monetary policy stance. With a six-year high in hand, gold bugs are rubbing their hands with glee. The question is, how far can it go? Source: BUSINESS MAVERICK ANALYSIS: Gold regains its glister ( By Sasha Planting) Investors on the morning of Monday 5 August would be forgiven for believing that gold is the safest place to be…

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Tips to help women achieve financial control

Financially-independent-women

August is Women’s Month, a time when we pay tribute to the fairer sex and the significant contribution they have made to creating an equal, democratic South Africa. Women have come a long way since their historic march against pass laws on 9 August 1956. Now, they make up almost half of the local workforce and, according to Study International, increasingly outnumber men at universities across the world. As women’s independence grows, so too must their mastery of money, to ensure that they remain firmly in control of their own…

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