07/15/2024
The “strategic restructuring” will impact Bidvest Financial Services division, which provides banking and related products and services to South African corporates, businesses and consumers.
07/15/2024
Africa’s biggest lender by assets launched a charm offensive during its inaugural Africa Unlocked Business and Commercial Banking Conference in Cape Town this week as it seeks to generate half of its total revenue from the rest of Africa.
07/15/2024
Founded five years ago, TymeBank initially only catered to South Africa’s lower-income segments; however, it now plans to appeal to the country’s middle class.
07/11/2024
Over the past three years, Afreximbank has provided approximately $12.8 billion in funding to the Egyptian market
07/11/2024
2024 has also started poorly, with GDP decreasing by 0.1% in Q1 2024, down from a slight growth of 0.3% in the prior quarter.
07/11/2024
Additionally, Zone recently launched its decentralised Point-of-Sale Payment gateway, ZonePOS, further cementing its position as Africa’s leading payment infrastructure provider.
07/10/2024
Weaker rand and sluggish domestic economy impact local lenders’ rankings
07/09/2024
The achievement of a sustainable and ideal future for cooperative societies not only requires that we adapt to the increasingly digital world we exist in, but also drive more inclusivity for the youth to also key in.
07/09/2024
In his role as Chairman, Alawuba will be at the forefront of fostering collaboration and driving strategic initiatives among the top executives of banks in Nigeria.
07/08/2024
Some of the workers told FIJ that what Ecobank gave them as severance pay in February was significantly less than expected, considering their long years of service to the bank.
07/08/2024
This follows information Citi Business News gathered last week that some of the banks are asking clients with such accounts to hold their foreign currencies in e-wallets or current accounts.
07/08/2024
The BoT joins Kenya, Uganda and Rwandan central banks that are cautiously loosening their monetary policy positions
07/05/2024
The theme for this year’s event was “Thriving in a challenging world; Embracing Resilience and Agility in HESS.”
07/05/2024
Proshare’s latest report places Access Holdings and other prominent institutions such as Zenith Bank, FBNH, Ecobank, UBA, and GTCO at the forefront.
07/05/2024
The report further stated that raising Nigerian banks’ equity base is no guarantee for economic growth and development.
07/04/2024
This division includes Bidvest Bank and FinGlobal, as well as short- and long-term insurance products through Bidvest Insurance, Bidvest Life and Compendium.
07/01/2024
Criminals do not take advantage of security deficiencies in their cards or wallets to steal money.
06/28/2024
71% of managers in the survey were also optimistic about South African equities for the next three to five years.
06/28/2024
In a trading update, the group said that this performance resulted in the underlying higher earnings growth emanating from operations compared to the first half of the 2023/2024 financial year.
06/27/2024
This decision follows the directive issued to all 23 banks in the financial sector to suspend the declaration and payment of dividends