08/31/2022
Discovery points to strong earnings amid ‘normalisation of conditions’
As a result, Discovery said it expects HEPS to be between 70% and 80% higher when it publishes its full-year 2022 financial results on 7 September 2022.
Comment, Analysis & Research
08/31/2022
CIBN, Lemo advise new graduates on banking career
The induction, an annual event of the institute, is the forum where student members who have completed their examinations
08/30/2022
Kenya: M-Pesa beats most traditional banks on customer sentiment, survey finds
That was despite the fact that social media conversation about M-Pesa jumped by 116% from 2020 to 2021.
08/29/2022
How I Became Head of Business Banking at Bank of Africa
Anthony is a very simple man, a family man and a banker with experience spanning more than 15 years in different roles.
08/29/2022
Why Nigerian women can be better at investing
This is partially due to the fact that formal financial inclusion is still low in Nigeria
08/25/2022
Jersey Finance’s Director – Middle East, Africa and India, Faizal Bhana, Discusses Saudi Corporate Structures in Arab News
In the article, Faizal and Lama Homaidan AlTurki, Director at the Council of Corporate Health, review the Kingdom’s legal corporate structures
08/22/2022
Why Ghana’s inflation is on the rise and its impact on living conditions
However, the data revealed that 99 of the items recorded a higher inflation rate than the national average inflation of 23.6%.
08/18/2022
Tap domestic sovereign wealth funds to build Africa back better, says Africa Investment Forum head
Representatives of 16 African sovereign wealth funds attended the meeting, the first held in person since 2019.
08/17/2022
Anti-bribery: without proper due diligence, you can be held liable for third-party corruption
A TPDD process needs to be flexible so as to accommodate future risks that may be identified through regular ongoing ABAC risk assessment by the organisation.
08/15/2022
Big banks face more competition
The top 10 banks’ share of industry deposits also fell, from 78.6 percent in 2019 to 75.3 percent by the end of last year.
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.
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%.