03/02/2015
Nedbank’s BEE share shrinks
Standard Bank is expected to announce details this week of an empowerment deal which has matured in December.
03/02/2015
Standard Bank is expected to announce details this week of an empowerment deal which has matured in December.
02/27/2015
Financial services company Old Mutual is to focus this year on getting value from its existing businesses after reporting a 16 percent rise in 2014
02/27/2015
Kenya, East Africa’s largest economy, expanded by 5.3 percent last year
02/27/2015
Liberty Holdings Ltd., the insurer controlled by Standard Bank Group Ltd., said full-year profit was little changed after margins on new business fell and its asset management unit Stanlib experienced withdrawals.
02/26/2015
Growth in the rest of Africa is also expected to contribute to diversifying earnings.
02/23/2015
Nedbank Group, the South African lender controlled by Old Mutual Plc, said full-year profit gained 14% after credit losses declined and customers repaid loans.
02/22/2015
The bank's total assets grew 14.3 percent to 482.6 billion francs.
02/20/2015
The four state owned financial enterprises have earned a total of 6.28 billion Birr during the last six months of the fiscal year
02/09/2015
NPA of the bank rose to 5.94% of total advances
01/20/2015
Kenya’s largest privately owned bank, CBA Group, has listed its maiden Medium Term Note in the Nairobi Securities Exchange as it seeks accelerate its Pan-African growth agenda.
01/12/2015
For the last 20 years, the number of commercial banks in Rwanda has grown significantly, from three in 1994 to ten in 2015.
12/28/2014
Banking sector profitability in the nine months to September declined 18 percent to ,35 million from ,93 million reported in the comparable year ago period.
12/22/2014
Atlas Mara has successfully increased its stake in Union Bank of Nigeria Plc to 29.9 per cent.
11/25/2014
The increase comes on the heels of other double-digit growth
11/20/2014
South African bank Investec reported an expected 14 percent rise in first-half earnings on Thursday as it benefited from a drop in bad loans and a boost in assets under management.
11/14/2014
Managing Director Jeremy Awori said the bank's focus in the coming year would be on accelerating growth.
11/12/2014
Investors should brace themselves for currency-induced pain when South African asset manager and specialist bank Investec releases half-year figures on Thursday 20 November.
11/12/2014
Over three days, Coronation cut its stake to less than 9 percent from 22 percent.
11/12/2014
Peregrine Holdings Ltd has continued the good performance achieved during the 2014 financial year.
11/12/2014
Financial services firm, Co-operative Bank of Kenya has reported a marginal increase in its pretax profit for the first nine months of 2014.