Managers of Wealth Africa

Sending money out of SA set to become easier and cheaper

An exemption to a financial intelligence law will reduce the cost and lessen the bureaucracy involved in transferring cash across the border.

Nigeria's Diamond Bank Reaches the Underbanked

This article is part of a series of profiles of Bank Technology News' 2015 Digital Bankers of the Year.

Kenya: Chase Bank and Rabo in PPP Deal

Chase Bank (Kenya) Limited and Rabo Development on Monday signed a Technical Assistance Agreement to increase access to financial services in Kenya under the Public Private Partnership (PPP) Framework.

Standard Bank board votes to open new Ivory Coast branch

The bank, Africa's biggest lender by assets, opened a representative office in Ivory Coast's commercial capital Abidjan in early 2014.

Zimbabwe: Zim Will Grow Again - Stanchart Boss

We are bringing technology and we want to make sure that this franchise (Zimbabwe) is healthy as much as possible.

Bank of Tanzania wins top risk compliance award

BoT won the award following successful implementation of Governance Risk Compliance project

Ecobank To Sell Nigerian Stake By Year End

Ecobank Transnational Incorporated (ETI) has said it plans to sell part of its stake in its Nigerian entity, Ecobank Nigeria, by the end of the year even as it may end its battle against its former chief executive officer, Thierry Tanoh, through an out-of

The most expensive bank in South Africa

FNB is the last of South Africa’s big banks to update its fee structures for the 2015/16 period, as the other banks update with prices effective from January, and Capitec in March.

Steward Bank launches correspondence banking

Steward Bank has introduced the correspondence banking concept, adding to its existing range of innovations in the Zimbabwean banking industry

Lenders now bank on job loss fears to net clients

In an era where job security is never a guarantee, commercial banks are now offering some momentary relief for employees who may suddenly find themselves out of work.

African Bank: Debt to offer highest interest rate

By comparison, Standard Bank’s similar instruments were offered this week at three-month Jibar plus 350 basis points.

KCB Scoops Top African Bank Award

The Kenya Commercial Bank Group has been voted the best commercial bank in Africa

Kenya leads as the winners of the Banker Africa East Africa Awards 2015 are revealed

More than 7,000 votes were cast across the 26 categories in the Banker Africa East Africa Awards 2015 by the readers of the magazine and the registered users of the financial news website www.cpifinancial.net.

Africa Bank's junior creditors to get some money back under restructuring plan

Junior creditors, which rank behind other creditors when a company or bank fails, had claims on Abil totalling 4.4 billion rand, the bank said.

Zimbabwe’s Standard Chartered Bank to focus on affluent customers – Official

This was said by the group’s head of retail clients, Karren Fawcett who was in Zimbabwe Wednesday to familiarize herself with the Zimbabwe business.

Essien Wins African Banker Of The Year

He received the award during a prestigious Gala dinner in Abidjan, Cote d'Ivoire on 27African banker awardth May, that witness over 500 dignitaries in attendance.

StanChart to boost global retail business -exec

The bank's retail business is focused on 80 cities

Groupe Banque Populaire is African Bank of the Year, as Jim Ovia gets African Banker Icon and Lifetime Achievement

Groupe Banque Populaire is one of the most important financial services groups in Morocco.

UBA Wins Corporate Citizens Award

The Corporate Affairs Commission on Wednesday conferred the Corporate Citizens Award on United Bank for Africa Plc.

Equity Group buys into DR Congo bank for $60 million in pan African expansion bid

Equity Group Holdings Ltd has acquired 79 per cent of ProCredit Bank Congo, subsidiary of a German-based multinational bank operating in the Democratic Republic of Congo.

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