Managers of Wealth Africa

Banking sector ripe for sales, mergers

The lender has a negative liquidity ratio of 11 per cent, which means it is 31 per cent lower than the Central Bank of Kenya’s set mark.

Access bank begins referral program for corporate accounts

Customers can Earn 2,000 R.E.A.L points when they refer a corporate client to Access Bank

Ecobank plans dollar bond after investor meetings

Proceeds from the offering will be used for debt refinancing among other things, Ecobank said.

Turning the tide for African Bank

The “bad bank”, which remains in curatorship, is now known as Residual Debt Services.

Meet the South African bosses who earn almost R190,000 a day

This means that a chief executive from a top five bank earned earned an average of R187,800 a day – on the basis of 250 work days in a year.

Vele Investments CEO reacts to allegations of misusing VBS money

Joining CNBC Africa for a response on these allegations is Vele Investments CEO

Interview With Mr. Ciko Thomas, Group Managing Executive, Retail & Business Banking; Mr. Mike Brown, group Chief Executive; And Mr. Mfundo Nkuhlu, Chief Operating Officer of Nedbank

Our digital strategy is world class without a doubt

Bank Bosses to Approve Deposits Above Sh10 Million

KBA said the stringent self-regulation will reinforce the existing ones on disclosure and reporting of suspect cash transactions.

Diamond Bank seeks withdrawal of International Banking Lincense

The bank explained that the divestment will enable it streamline its operations

Uganda: Islamic Banking Starts in October, Says Finance

She also advised traders in the agricultural sector to invest in setting up processing factories because agriculture is not being taxed.

#NewBiz: Nedbank appoints The Odd Number

The appointment forms part of this journey aimed at driving business strategy to meet the goals of the organisation.

Fidelity Bank unveils initiative to ease payment

Flashkey allows them to carry out transactions while on any social media platform.

Capitec seeks snapping up Mercantile Bank in play to win more SMEs

A deal would “fast track our desire to expand our focus to a broader bank strategy

KCB tops as most attractive bank

Releasing its quarter 1of 2018 banking sector report Monday, Cytonn Investments ranked the National Bank of Kenya lowest overall, ranking last in the intrinsic value score.

Kenyan banks slow down acquisitions and mergers

In the acquisition, SBM Bank Kenya Ltd has completed the acquisition of some assets and liabilities of Chase Bank Limited, which was placed under receivership.

UAE to give ethiopia usd3 billion in aid and investments

The UAE will deposit $1 billion in Ethiopia’s central bank to ease a severe foreign currency shortage, government spokesman Ahmed Shide said.

Barclays Africa Said to Halve Top Retail-Banking Executives

Lender plans to flatten structure at retail, business bank

Kenya's Equity Bank inks deal to launch Alipay, WeChat in East Africa

Equity Bank is one of the largest regional banks in East Africa with presence in Kenya, Uganda, Tanzania, Democratic Republic of the Congo, South Sudan and Rwanda.

GN Bank To Open London Branch

Dr Nduom said this should aid their dream of becoming a global financial institution

South African Reserve Bank successfully tests Blockchain-Based payment system

Project Khokha is seen as an initiative in collaborating for innovation, therefore, both the process, as well as the outcome of the project, contribute to the SARB’s goals.

Retail Banking