05/24/2019
The industry recorded growth in terms of total assets, total deposits, and net loans and advances at the end of the first quarter of this year.
05/24/2019
SARB lowered its forecast for GDP this year to 1.0 percent from the March forecast of 1.3 percent but left its 2020 and 2021 forecasts for growth unchanged at 1.8 percent and 2.0 percent, respectively.
05/23/2019
The last time KCB, whose CEO is Joshua Oigara, lagged behind Equity, led by James Mwangi, in full-year bottom-line was in 2014.
05/21/2019
In industries such as mining, Schüssler expected a continuing drop in employment figures for the next two years– partly due to automation, but mainly due to the fact that commodities markets had changed and Eskom was not performing well at all.
05/13/2019
The finalists, selected by an expert judging panel of bankers and business leaders, will be announced at the African Banker Awards ceremony which will take place on the evening of the 11th June.
05/12/2019
The researchers found that during a period of market turmoil, such as the 2008-2009 crisis, 1 in 2 individual investors underperform by 1.1% per year.
05/12/2019
An analysis of performance of the banks in the year ended December 31, 2018, showed that the financial institutions recorded appreciable growth in earnings, net profit, assets size and dividend payout to their shareholders.
05/08/2019
Sim Tshabalala, group CEO of Standard Bank, explains how Africa’s biggest bank is expanding throughout the continent and boosting trade and investment with China.