East Africa

EAC Trade Climbed To $5.5bn In Last Decade

VENTURES AFRICA – Over the past eight years, intra‐regional trading within the East African Community (EAC) has grown from $2 billion in 2005 to $5.5 billion in 2013; this has been directly lin...
Capitec

Moody’s Downgrade Angers Capitec

VENTURES AFRICA – JSE-listed low cost bank, Capitec Bank (Capitec), on Monday said it is “extremely dissatisfied” with the downgrade by rating agency Moody’s Investor Service, saying this is a reacti...