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  • Alternative Asset ETFs Diversify Portfolios

    April 10, 2014 2:12 PM 18

    A diversified portfolio should include assets that zig when the market zags. As equities market start to stumble, investors can take a look at exchange traded funds that track real assets to help prop up investment portfolios. For instance, real estate investment trusts and infrastructure master limited partnerships are some alternative assets that can help diminish

  • Kenya Airways expands South African Destinations through Code Share

    April 10, 2014 12:14 PM 22

    Aimed to open up South Africa for travelers arriving in Johannesburg with Kenya Airways, has the airline now signed a wide ranging code share agreement with South Africa’s innovative low cost carrier kulula, renowned for their often quirky commercials. Kenya Airways’ will with immediate effect place their KQ code on all of kulula’s domestic destinations

  • Central Bank of Egypt suspends transactions with Sudan

    April 10, 2014 8:02 AM 14

    The Central Bank of Egypt has issued a decision circulated to the Egyptian banks instructing them to suspend dealings with their Sudanese counterparts. It also banned banking transactions with Qatar, Libya, and Syria, stating that those countries are not committed to the implementation of anti-money laundering laws. In February this year, the Saudi Arabian

  • Kenyan Multimillionaire Manu Chandaria Says He Plans To List Some Companies

    April 10, 2014 5:30 AM 26

    Kenyan multi-millionaire and manufacturing magnate Manu Chandaria, the chairman of Comcraft Group, an industrial conglomerate with interests in aluminum, steel, plastics and information technology, plans to list some subsidiaries of his conglomerate on a stock exchange. Chandaria, speaking recently to Reuters, said that both the steel and aluminum businesses

  • Clean technology – Silver lining to China's smog

    April 10, 2014 3:52 AM 28

    Zoe Alsop, Special to CNBC.com "We literally live in the problem - feel it and breath it - this is a huge battle we absolutely need to win," said Changhua Wu, Greater China Director at The Climate Group. Previous incentives meant to boost renewable energy produced lopsided results - huge surpluses of wind and solar capacity with no way to integrate them into existing

  • World's biggest pork producer WH Group in $5bn share sale

    April 10, 2014 2:25 AM 10

    10 April 2014 Last updated at 02:36 BST The world's largest pork producer, China's WH Group, is hoping to set a new record on the Hong Kong Stock Exchange, when its shares make their trading debut later this month. It has hired a record number of banks to work on the initial public offering, which some analysts say could raise up to $5bn. WH Group plans

  • Taipan Resources acquires 15 per cent interest in Kenyan block

    April 9, 2014 4:29 PM 10

    Taipan Resources, the fourth largest acreage holder onshore Kenya, will hold a 30 per cent operated interest in Block 2B, the company said. "We have further de-risked our prospect in Block 2B with this farm out to Tower. The farm out to Tower is being completed at a favourable premium to the farm down to Premier announced in December of last year, and is reflective

  • Real Estate ETFs Continue To Soar

    April 9, 2014 3:05 PM 57

    Real estate ETFs have been moving like a stealth bomber under the radar for the first three months of the year and continue to notch new 2014 highs. The combination of stabilizing interest rates and low equity issuance has been a tailwind for publicly traded REITs that are coming off a volatile 2013. In addition, investors are continuing to see positive

  • Kenya shilling holds steady, underpinned by central bank operations

    April 9, 2014 2:51 PM 12

    NAIROBI: Kenya's shilling remained shackled to 86.60/70 in early trading on Tuesday, supported by expectations that the central bank will keep draining excess liquidity from the money market, traders said. The 86.60/70 level - where the shilling ended Monday - was nudging the local currency's support level, market participants said. It's a good opportunity

  • CrowdFunding for Real Estate Investing

    April 9, 2014 2:15 PM 13

    If you’re an active real estate investor, you’re probably familiar with investing through real estate investment trusts (REITs). These sell shares in a group of real estate investments similar to mutual funds. Many investors prefer these to outright real estate ownership because their investments are more diversified. However, the two biggest drawbacks