Former Barclays head Bob Diamond sees his future in African banking

From the Financial Times: After a long and largely successful career in banking, Bob Diamond, former head of Barclays, could probably have his pick of markets and institutions at which to stage his comeback – whether in investment banking, hedge funds or at one of the fast-growing Chinese lenders. Instead,...

Africa’s choice: sink or swim

The founders of AfricaPositive believe that, for moral and survival reasons, Africa faces two mutually exclusive scenarios: According to Ted Sceales, the low ground scenario is leading the continent down a steep, slippery cause-and-effect spiral of growing unemployment, poverty, hunger, disease, violence,...

Africa Positive – what we stand for

Frustrated by the exclusion of blacks from the economic mainstream, indeed even from its tributaries, publisher Ted Sceales initiated a movement back in the 1970s to foster inclusivity in the collective mind of South African business. That vision, unpopular and sometimes dangerous in the context of the...

Mandela made South Africa reach for greatness

The news of Nelson Mandela’s passing has touched the world. Once in a generation, a man appears who embodies greatness. Someone who, despite every reason to hate, chooses the path of love and reconciliation. Here was a man who landslided the ANC into power in 1994 and then handed over the reins of power...

Malawi is best performing African stock market in 2013

Malawi’s stock exchange is the best performing in Africa so far this year, with a 71% US dollar-adjusted return, according to Investinginafrica.net.  It is a tiny exchange, with weekly trade of just $400,000, which means small buying pressure can distort the overall market performance. The second best...

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