Managers of Wealth Africa

South Africa's Sanlam H1 earnings jump 28 pct

South Africa's largest insurer by market value, Sanlam, posted an expected 28 percent jump in half-year earnings on Thursday as its diversification into other African markets and Asia paid of.

Nigeria Bank Declares Huge Profit In Ghana

The Bank’s loan book also grew by 16% from N899billion (about USD5.5 billion) recorded in June 2013 to N1.04 trillion (about USD6.3 billion) in June 2014

Kenya’s National Bank reports profit up 32pc

National Bank of Kenya posted a 32 percent rise in first-half pretax profit to 1.25 billion shillings, helped by a rise in net interest income.

Faulu Kenya rivalling small banks in half year net profit returns

Deposit taking micro financier Faulu Kenya's half-year net income for the period to June 30 moved in the range of small banks in the main lending market.

Balogun: FCMB is Active in Promoting Nigeria as an Investment Destination

FCMB Capital Markets has grown in revenue and profit contribution to the group

UBA reports modest growth

The United Bank for Africa Plc; one of the largest financial services institution in Africa, has released its unaudited financial results for the first six months of the year, showing positive growth in financial indices.

GTB’s Q2 Profits Fall

For the first six months through June 2014, GTBank’s net income reduced by 10 per cent to N44.0 billion from N49.01 billion for the same period (Q2) of 2013.

Union Bank To See Stronger Year-End Profit – CFO

Union Bank of Nigeria, who offered perspective on the bank’s new found strategy, returning to profitability and sustaining a growth path.

Kenya's Britam Records An Increase In Pretax Profit

Kenyan financial services firm, British American Investment Company (Britam) has reported a 32.03 per cent increase in its pretax profit.

Standard Chartered Kenya’s pretax profits rise, bad loans grow

Non-interest income increased by 31 per cent to KES 5 billion largely from the sale of a property

Kenya's Co-op Bank plans expansion in East Africa

Co-operative Bank of Kenya announced plans to expand into Ethiopia and Uganda after reporting a rise in H1 2014 pre-tax profits compared to the same period in 2013.

Standard Bank pays for risky business

Standard Bank joint CEO Ben Kruger expects the sluggishness in the South African economy to persist for the rest of the year

ESG