Managers of Wealth Africa

Ugandan Stanbic boss good news

Several years back this newspaper published a cover story showing that of the 20 or so commercial banks in the country only about three had a Ugandan managing director

Steward Bank’s Agent Banking Model: Is the branch model dead?

Steward Bank a banking subsidiary of Zimbabwe’s Telecoms giant Econet Wireless Limited recently announced a move to reduce its branch network whilst introducing Zimbabwe’s first Agent banking model

Unity Bank boss receives ‘Banker of the Year’ award

The Leadership Annual Awards recognizes achievers in banking, business, politics and government, entertainment and sports.

National Bank Buys 9.5% AfrAsia Stake in First Move Into Africa

National Bank of Canada bought a 9.5 percent stake in Mauritius-based AfrAsia Bank Ltd., its first African investment.

Nedbank opens new branch at Westlane

Nedbank Namibia managed to build a bank worth over N$11 billion in total assets as at the end of October and on 5 December opened a new branch at Westlane Shopping Centre.

South African banking fees 2015

Absa, Nedbank and Standard Bank have released their fee structures for 2015 - here is what you can expect to pay on some key transactions.

BoG approves Fidelity Bank’s acquisition of ProCredit Ghana

The Bank of Ghana has approved the acquisition of ProCredit Ghana by Fidelity Bank.

Nigeria: Eti to Remain Top Pan-African Bank, Enlarges Board

The Chairman of ETI, Emmanuel Ikazoboh, who made the disclosure, said the financial institution's recent appointments were informed by the need realise the dual objectives of establishing a strong brand and contributing meaningfully to the continent&

Mauritian Lender Opens a Liaison Office in Nairobi

The Central Bank has licensed Mauritius Commercial Bank to establish a representative office in Kenya

Zenith is 2014 Best Bank in Ghana

Zenith Bank Ghana has been named “Bank of the Year 2014 in Ghana” by The Banker magazine, the world’s most trusted resource for banking and finance intelligence and information.

Access Bank Launches Scheme to Promote Financial Inclusion

Access Bank Plc has announced the commencement of its ‘Access Savings Challenge.’

Capitec Bank named best at customer service in financial industry

Capitec Bank took first place for financial services and third place overall across 32 major industries in the Ask Afrika Orange Index Award, the largest and most widely-referenced service excellence benchmark in South Africa.

UBA Sweeps Global Banking Awards

United Bank for Africa Plc, one of Africa’s largest financial services institutions, swept the global banking awards in London Thursday, winning in five categories to become one of the highest single winning bank brands ‎at this year’s awa

UBA wins Bank of the Year in Africa award

This is the second time in three years that UBA Plc has won the prestigious award. The first time was in 2012.

Universal Merchant Bank MD honoured

The Africa Economic Champion Amazon Award is awarded to a female leader who has demonstrated leadership, excellence and impact in the banking sector.

African Bank Receives Offer for Suspended Preference Shares

African Bank had 13.5 million preference shares that traded on Johannesburg’s stock exchange until all securities were suspended on Aug. 11.

UK expert urges SA to encourage new banks

The government should encourage the establishment of new retail banks as SA is seriously underbanked

Carlyle Group Invests $147m In Nigeria’s Diamond Bank

The investment which came through the Bank’s recently completed $305 million rights issue, is set to improve Diamond Bank’s Tier 1 capital.

Stanbic Bank’s Trader Pac Is CIMG Product Of The Year

Head of SME Banking at Stanbic Bank Ghana, Stanislaus Deh, recounted the history of the SME space.

Skye Bank Wins Award

The Nigerian Risk Awards (NRAs) was conceived by Conrad Clark Nigeria Limited in collaboration with Business Day and the UK Institute of Risk Management.

Retail Banking