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African Fintech startups booming

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Absa’s Carmen Mpelwane on where she’s looking for value this year. Keith McLachlan of Integral Asset Management talks investment strategies: is there a perfect approach? Rand Merchant Investments’s Dominique Collett chats FinTech predictions for 2022.

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Small number of Boeing staff in China’s Tianjin affected by lockdowns

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BEIJING — U.S. planemaker Boeing said on Tuesday that a small number of staff at its composite parts factory in the northern Chinese city of Tianjin had been affected by community level lockdowns aimed at curbing the spread of COVID-19, but the plant is “maintaining a normal level of operation.” Read More

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BOJ raises price outlook but maintains ultra-easy policy

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TOKYO — The Bank of Japan upgraded its inflation forecasts on Tuesday and flagged heightening chances the recent commodity-driven price hikes will broaden, the latest sign of its conviction Japan is emerging sustainably out of deflation. Read More

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Autocracies outdo democracies on public trust – survey

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Public trust in governments running the world’s democracies has fallen to new lows over their handling of the pandemic and amid a widespread sense of economic pessimism, a global survey has found. Read More

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Jefferies gives up on buyout fund manager investing business-sources

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Jefferies Financial Group Inc is abandoning an effort to raise a $1 billion fund to buy stakes in private equity fund managers, giving up on a niche and lucrative corner of asset management, people familiar with the matter said. Read More

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