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Is this the end of the Reit model or are we amid an industry reset?


MONEYWEB
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This webinar will take place on Thursday 22 April at 12h30.
7 Apr 2021 
South Africa’s listed property or real estate Investment trust (Reit) sector has gone from being the best performing asset class a few years ago, to the worst-performing investment for the last three consecutive years (2018 to 2020). The Covid-19 economic crunch has added to the industry’s woes, forcing many listed Reits to withhold or defer dividend payments, or opt for reduced payout ratios.
In terms of total returns, the SA Property Index plunged over 34% in 2020, wiping billions of rands off the sector’s market value. In this Moneyweb Property webinar, we speak to top industry insiders and ask whether this is the end of the Reit model as we know it, or whether the industry is in reset mode and primed for a recovery? ....

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Pressure Mounts on FG to Save Oil Windfall as Price Rallies at $71


•Raise concern on impact on fuel price
By Nume Ekeghe, Dike Onwuamaeze in Lagos and Emmanuel Addeh in Abuja
With the sustained rally of crude oil prices, there is pressure on the federal government to save the windfall as analysts and the organised private sector (OPS) predict a surge in revenues that will position Nigeria to attract more Foreign Portfolio Investors (FPIs).
The analysts urged the federal government to ensure that the extra revenue to be earned from the difference in the current oil price and oil benchmark in the 2021 budget is saved in the Excess Crude Account (ECA) and the Sovereign Wealth Fund (SWF). ....

Saudi Arabia , Nigeria General , Ras Tanura , Ash Sharqiyah , Abuja Federal Capital Territory , Timothy Olawale , Jimi Ogbobine , Muhammadu Buhari , Nume Ekeghe , Uche Olowu , Akpan Ekpo , Boniface Chizea , Sam Chidoka , Emmanuel Addeh , Lagos Chamber , Head Of Research , Goldman Sachs Group Inc , Nigerian Employers Consultative Association , Institute Of Bankers , Sovereign Wealth Fund , Organisation Of Petroleum Exporting Countries , African Institute Of Financial , Dike Onwuamaeze , Foreign Portfolio Investors , Excess Crude Account , Gulf Coast ,

CBL Governor Gets ECOWAS Position | Liberian Observer


“As I steer the Chairmanship of this Committee for the next one year, I will be more consultative with colleague Governors in the implementation of key responsibilities earmarked under the ECOWAS Single Currency Program, Governor Tarlue said.
The Committee of Governors of the ECOWAS Central Banks has elected the Executive Governor of the Central Bank of Liberia, Hon. J. Aloysius Tarlue, Jr. as its new Chairman.
The decision was made during the Committee of Governors’ meeting held virtually on 15th February 2021. The meeting of the Committee of Governors of ECOWAS Central Banks was held alongside the statutory meetings of the West African Institute of Financial and Economic Management (WAIFEM) and the West African Monetary Zone (WAMZ). ....

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