11/11/2015

Nedbank expands in Zimbabwe

Nedbank operates MBCA Bank in Zimbabwe, a crucial financial conduit and lender for corporates in the country.

10/02/2015

Abil’s Stangen deal may be ditched

The Stangen deal was delayed this week by court action from empowerment shareholders who are unhappy with the nearly R1.4bn price tag for the insurance company.

09/17/2015

Tanzanian bank raises funds for expansion

Local and regional expansion is on the cards for CRDB Bank after it raised USD 78 million from a rights issue, with the assistance of UK law firm Eversheds.

09/14/2015

Woori eyes presence in Africa

Woori Bank said Monday it will work with a Chinese and a South African bank to provide financial services to Chinese companies operating in South Africa.

09/11/2015

Discovery to launch a retail bank

Normalised profit from operations was up 17% to R5.8 billion billion, while normalised headline earnings increased by 16% to R4 billion.