Company: Ernst & Young

Africa wants expatriates

If you have skills and experience and are willing to travel, Africa is the place to go. The continent has one of the fastest economic growth rates and highest returns on investment in the world, and is seen as a growth opportunity not just by developed market companies and banks but increasingly by emerging markets [...]

Renaissance Capital to invest $2bn in Africa, keeps hiring

Moscow-based Renaissance Capital has one declared goal: becoming the leading emerging markets investment bank. The road to reach that objective goes through Africa, founder and Ceo Stephen Jennings firmly believes. RenCap continues to hire aggressively to grow its presence in the Continent and is planning to invest up to $2bn in the next three years. [...]

Ernst & Young focusing on financial services and recruiting in Africa

As easy as ABC: Ernst & Young, the tax and advisory services group, has launched its Africa Business Centre to expand and coordinate its practices across the continent, where it expects significant and rapid business growth in the next few years. The group, which has just celebrated 160 years in Africa, now has a presence [...]

Confidence returns to the banking sector, but more job cuts to come

A glimmer of optimism is returning in the South African banking sector, but cost-cutting remains an imperative and more redundancies are inevitable. This is the picture that emerges from the 30th Ernst&Young financial services index that has just been released. Prospects remain weak for retail banking, hit by the growth of non-performing loans, but investment [...]