Managers of Wealth Africa

FirstRand bank to close some FNB units and retrench staff

About 10% of the bank’s branches will be affected, with 40 closing and another 31 reducing staff, she said.

Uganda's central bank sells Imperial Bank stake to Tanzania's Exim

Formerly owned by Kenya's Imperial Bank Limited, Imperial Bank was a small player in Ugandan banking which was taken over after Kenyan authorities assumed management of the parent

Exclusive: Morocco’s Attijariwafa Bank plans bid for Barclays’ Egypt business

Sources familiar with the sale said the equity size of Barclays’ Egyptian unit was around $400 million.

Zenith Bank’s growth strategy is set to benefit Nigeria

Following its public listing on the London Stock Exchange in 2004, it has since grown to have a shareholder base of roughly one million.

FirstRand to Cut Lending in Another Blow to African Economy

This year we’ve taken a further decision to make further cuts on credit granting, so asset growth will drop

Tanzania: Go to Rural Areas, Zanzibar Government Tells Banks

"There are plenty of people in rural areas who need bank services to smoothly run their economic activities."

Barclays Bank Ghana: Nothing is changing with barclays ghana- Bank allay fears

Some customers Pulse Business has spoken to registered uncertainty about their investments with Barclays after the news.

Uganda: Banks Merge Branches to Cut Costs

Stanbic Bank also merged Bushenyi Branch with Ishaka Branch to create a new Ishaka Branch.

Shortlist announced for Southern Africa Banking Awards 2016

In each of four regions, North Africa, East Africa, West Africa and Southern Africa, we hold separate awards competitions.

Africa: What Barclays' Africa Exit Means for Kenya

The value of its brand is so huge having cut identities across several generations.

Absa responds to Barclays sale reports

Barclays bank is expected to announce the sale of its African business on Tuesday 1 March

Ecobank Disengages 35, Promotes 300

Deputy Managing Director of the bank, Mr. Anthony Okpanachi said the bank remains committed to rewarding excellence and will continue to take appropriate positive action

Tax-free savings are building SA’s savings culture

The new law allows for a 27.5% (of the greater of your remuneration or taxable income) tax deduction on your fund contributions, up to R350 000 in total per year.

BRICS New Development Bank to open Africa Regional Centre in Johannesburg in March

The BRICS countries include the world's major emerging economies: Brazil, Russia, India, China and South Africa.

The African Banker Awards name Bank of Alexandria best in microfinance

The bank's microfinance portfolio closed 2015 with a total volume of EGP 250m

Diamond Bank's initiative to fund Nigeria's Micro Small and Medium Size Enterprise

The country’s Micro Small and Medium Size Enterprise development aims to assist with diversification.

FirstBank achieves 100 million e-Banking transactions per month

When you add this figure to that of our other partners, then you can begin to have an idea of the sheer size and demand for electronic financial services in Nigeria.

Major award for Nedgroup investments

Nedgroup Investments IOM Limited is licensed by the Isle of Man Financial Services Authority

Absa pilots ‘predictive alerts’

The group has piloted a new predictive alert service that notifies customers of potential shortfalls in their bank accounts.

KCB unveils new customer management system to boost service delivery

The Bank will use the system to manage and analyze customer interactions and data throughout the customer lifecycle

Retail Banking