Managers of Wealth Africa

FirstRand Considers Nigerian Acquisitions as Valuations Ease

FirstRand walked away from buying control of Lagos-based Sterling Bank Plc in 2011 because the asking price was too high.

Fidelity Bank Wins Top CSR Award

These awards make Fidelity Bank one of the most recognized financial institutions dedicated to making an impact in the Corporate Responsibility sphere in Ghana.

Tanzania: Stanbic Bank Wins Dse's Best Custodian Bank Award

The event, the first to be held in the history of the DSE, was organised to improve openness and accountability.

Standard Bank voted Best Overall Bank in Africa

Standard Bank Group, Africa’s largest bank by assets has been voted the Best Overall Bank in Africa in the 2016 Euromoney Real Estate Survey Awards for the fourth consecutive year.

SA banks find mobile money formula

However, local telecommunication service providers have tried their luck with mobile money services with little or no luck.

BoG warns of blacklisting banks over electronic fraud

The associated risk could be enormous and I wish to urge banks to step up their risk assessment to curtail the surge.

GHIB to expand operations to East Africa

This is relatively new markets that we are entering.

Equity Bank tops as mortgage lender in Tanzanian market

The success of the Nairobi-based lenders is attributed to development of mortgage financing products in Kenya.

Algeria plans bank privatizations as oil money dries up

French companies such as Societe Generale and BNP Paribas have the strongest presence among foreign-owned banks already working in the country.

CBZ Bank divisional director declared Chartered Secretary of the Year

Dr Musamba added that Mrs Dingani had also overseen a number of landmark achievements as evidenced by the various awards she has won.

Building the Bidvest Bank brand

Founded in 2007 when Bidvest-owned company, Rennies Foreign Exchange, rebranded itself to leverage off the Bidvest brand, it began its life as a forex bank

Kenya central bank: cap on rates may hit commercial bank lending

Those risky borrowers who are at the margins may be cut off from borrowing.

Standard Chartered opens first of 10 more Lagos branches

As part of Standard Chartered’s ‘Here for Africa’ campaign, the bank is focusing on one of Africa’s biggest cities.

HomeSend and the Commercial Bank of Ethiopia team on remittances

Consumers can send money to and from mobile money accounts, payment cards, bank accounts or cash outlets, regardless of their location or that of the recipient.

Kenya central bank cuts main lending rate to 10.0 pct

The consensus forecast of 12 economists and analysts by Reuters was for a hold decision.

Banks to close branches as recession bites hard

They are not generating enough income.

Selfie banking in South Africa not far away

Nedbank said it has had demos of this technology (facial recognition) but noted that ‘it is not on our immediate roadmap’.

Despite economic environment, SA’s big four banks are coining it

The banks posted combined headline earnings of R34.6 billion – up by 5.7% compared to the same period in 2015.

FirstBank named Nigeria’s Most Customer Friendly Bank

These announcements were made by the Award Committee at this year’s Business Day Annual Banking Awards, which held in Lagos

SA banks deliver more shareholder value than foreign peers

Consulting firms weigh in on major banks’ financial results.

Retail Banking