03/21/2014
Ex-UBS equities head to set up African venture
Yassine Bouhara, a former UBS executive who co-led the bank's equities team at the time of its 2011 rogue trading scandal, is to set up a brokerage and advisory business focusing on Africa.
03/20/2014
Investec PLC Thursday said it expects its full-year operating profit to be marginally ahead of the previous year, as the specialist bank and asset manager coped with a significant depreciation of the rand against sterling over 2013.
03/17/2014
THERE was increased posturing and beating of chests when the country’s top four banks recently presented their financial results.
03/14/2014
Leading Swiss Private bank lures Africa entrepreneurs with investment bankers
“We have a dedicated group of investment bankers embedded within private banking,” said Zurich-based Wright. “
03/12/2014
Cape Town ‘offers the best value for $1m’
Cape Town buyers still get much more bang for their buck, where $1m will buy you a 215m² apartment in a top-end suburb.
03/11/2014
Brooks Macdonald Int’l looks to South Africa with new hire
Brooks Macdonald International has appointed a new senior business development manager for their Jersey office.
03/10/2014
Is Africa's largest bank, Standard Bank, gearing up for another mammoth deal?
03/07/2014
German luxury automaker Porsche is looking to open an outlet in Kenya within a few months to target the growing number of local high net worth individuals.
03/06/2014
Standard Bank Group has produced a satisfactory performance in 2013, increasing headline earnings per share by 14% and net asset value per share by 14%. Group return on equity has increased to 14.1% from 14.0% in 2012.
03/05/2014
Old Mutual’s MD for Africa Operations, Johannes !Gawaxab, says the company is “future fit” as the Namibian operations under his wing recorded a growth of N$589 million after tax, thereby establishing its continuing dominance of the insur
03/03/2014
South African bank offers services to wider customer base
03/03/2014
Nedbank ready for 'Ramos war'
NedBank CEO Mike Brown is not worried about Barclays Africa CEO Maria Ramos's vow to fight harder in the battle for customers lost to Nedbank and other lenders.
02/25/2014
With Finance Minister Pravin Gordhan’s upcoming National Budget address around the corner, one has to wonder whether he will consider instituting a wealth tax in an attempt to increase revenue collection.
02/21/2014
In terms of the agreement, Bank Windhoek Holdings Limited will acquire 100% of the issued share capital of CAM as at the effective date.
02/20/2014
Stanbic Bank Tanzania’s parent company Standard Bank Group, Africa’s largest lender by assets, has been named the winner of Best Foreign Exchange Provider in Africa 2014 for a second successive year.
02/19/2014
Nairobi's niche real estate seen ideal for high-net individuals
High net worth individuals seeking “risky” property investments with potential for huge returns would be better off venturing into Nairobi
02/18/2014
Chike-Obi spoke at a one-day public hearing on the AMCON Act, 2010 Bill, 2014 organized by the Senate Committee on Banking, Insurance and other Financial Institutions in Abuja.
02/18/2014
Jersey’s corporate, private equity and wealth management expertise showcased in Africa and North America
Jersey’s role as a specialist centre for wealth management, alternative fund and corporate listings work has been highlighted to audiences of senior finance professionals at a range of events in South Africa, the USA and Canada this month.
02/18/2014
Fnancial services group launches financial management programme
The programme is focused on instilling financial discipline drawing from the behaviour and characteristics of the big five, lion, elephant, leopard, rhino and buffalo.
02/17/2014
Wealth in Kenya: The Future of Kenyan HNWIs
Kenya has the 4th highest number of HNWIs in Africa after South Africa, Egypt and Nigeria