finance

Canada to open Africa trade office in Joburg

Canadian trade finance agency Export Development Canada will open its first African office in Johannesburg in 2015, Canada's minister of international trade, Ed Fast, announced during his visit to South Africa on Monday.

French bank enters SA consumer finance market

BNP Paribas Personal Finance, a subsidiary of French bank BNP Paribas, is set to enter the southern African consumer finance market with the acquisition of RCS, a South African specialist in retail credit card programmes, for approximately R2.65-billion ($255-million).

SA backs African crisis response force

South Africa will continue to support a temporary standby force capable of responding quickly to crisis situations in Africa, State Security Minister Siyabonga Cwele said as leaders continued to debate the initiative at the African Union summit in Addis Ababa on Thursday.

South Africa’s economy: key sectors

The key sectors that keep South Africa's economic engine running are finance, real estate and business services, general government services, as well as trade,...