08/11/2022
Aliko Dangote’s wealth drops to $19 billion, now 80th world’s richest
Dangote Industries, a tightly held corporation, is governed by the wealthiest person in Africa.
Comment, Analysis & Research
08/11/2022
Nigeria’s Tier-one banks and their role in economic growth
In Nigeria, these banks control more than three-quarter of the banking assets and they are seen as representatives of the entire banking system.
08/08/2022
New Book Highlights Islamic Development Bank Institute's (IsDBI) Evolution, Honors First President’s Legacy
The book also contains an exclusive interview with Dr. Ali discussing the specific development issues of the IsDB in the early years and the current developments undertaken by the Bank
08/08/2022
South Africans are on their own when it comes to fighting banks’ injustices
“The government controls the banks and they won’t do anything,” he said.
08/05/2022
Gender diversity will drive future agri growth, says Nedbank
“By supporting a more diverse and inclusive environment, the sector can create jobs, and advance food security and sustainability,” notes Nedbank agriculture head John Hudson.
08/04/2022
20 major projects planned for South Africa – including highway upgrades, a mega city and a new government district
The rise in the number and value of projects was driven mainly by the private sector.
08/03/2022
Will third party payment providers become accountable institutions under FICA?
Providers of MVTS services typically specialise along retail, commercial and wholesale lines.
08/01/2022
The most common fraud schemes targeting consumers in South Africa right now
It said that more than half of consumers (53%) are not aware of being targets of fraudulent schemes.
07/29/2022
Economists on why the rand is so undervalued right now
The reality, however, is that the rand is currently trading around R16.70 to the dollar – begging the question of why it is so undervalued.
07/28/2022
Bank Profits in Mozambique Recover to Pre-Pandemic Level
Despite this, and after “a decline in 2019 and 2020, the combined net income of the six banks recovered 26.7% in 2021, year-on-year,” reaching close to $254 million. A result that represents an ROE – return on equity – of 13.9%.
07/28/2022
African Islamic Banking and Takaful summit inaugurated in Dar es Salam, Tanzania
Africa is emerging Market for Islamic Banking and Finance: Zubair Mughal
07/27/2022
What the new ISO certiļ¬cation means for Access Bank
The certiļ¬cation, valid for three years
07/26/2022
Banks, OPS brainstorm on synergy for economic growth
It said the conference is being organised by the Association of Corporate Affairs Managers of Banks, the banking industry corporate communications and reputation management group.
07/25/2022
Dubai billionaire to build Africa’s tallest building in Zimbabwe
The $500mln Zim Cyber City is a mixed-use hi-tech park on the outskirts of Harare being developed by UAE-based Mulk International
07/25/2022
The rules for building wealth in your 20s in South Africa
Start as early as possible to invest in funds that enable you to make the most of the powerful force called compound interest – the exponential growth-upon-growth of your money.
07/25/2022
Access Bank Set to Empower Women Entrepreneurs
“ This initiative was designed to create an enabling environment for female entrepreneurs to grow their businesses.”
07/22/2022
Invest in Africa, African Development Bank Chief Urges Investors at U.S.- Africa Business Summit
This is an opportune time for American investments in Africa, at scale.
07/21/2022
Warning signs as wealthy South Africans take strain from the higher cost of living
“Relatively speaking, the improvements observed for credit card and personal loans were the most significant, with both of these products showing a relative improvement in CDI of almost 23%.
07/21/2022
3 big changes Nedbank customers can expect in the next few months
The secure contactless card collection services also proved invaluable during Covid-19 lockdowns with its associated delivery restrictions and social distancing requirements.
07/20/2022
Emefiele boasts, “eNaira is a disadvantage to banks”
Mr. Emefiele admitted that the eNaira had not performed to expectations and blamed this in part on the lack of awareness of the product among many Nigerians.