Managers of Wealth Africa

Standard Bank ‘ready to fight forex claims’

The investigation by the Competition Commission, which sought to prosecute 18 global and local banks for collusion among their currency traders to fix prices on rand to dollar trades

Standard Chartered Bank Ghana pre-tax profit up 279%

The effects of the above drivers resulted in increase of pre-tax profit by 279 per cent to GH¢346 million from GH¢91 million recorded in 2015

BoN takes control of SME Bank assets…launches investigation into potentially dubious investments

It had become alarmed at what it deemed possibly questionable investments in South Africa amounting to between N$181 million and N$196 million.

BMCE Capital Opens New Index for West African Economy and Monetary Union

The West African Economic and Monetary Union Bond Index is designed to calculate the performance of sovereign bonds on the UEMOA bond market.

Barclays Africa, Barclays Plc agree terms of separation

The separation of the London based Barclays PLC from BAGL was first announced in March last year

FNBB profit up 9%

The growth in NII was spurred by the resultant increase in transactional volumes.

A Small Part of Standard Chartered Is Giving the Bank Big Problems

The soured deals were a major reason why annual profit fell short of analysts’ estimates.

Barclays reports surprise capital boost as legal costs loom

While Barclays profits were lower than expected

Coronation Merchant Bank to boost long term funding, despite recession

We have started with strong corporate governance and our risk appetite is very conservative.

An infrastructure deficit is making life in African cities more expensive than it should be

The difficulty is that most of Africa’s worst problems are most evident and visceral in its cities.

Zambia Hails European Bank's Plans to Open Office

The coming of the European bank will improve the country's credit-rating bench mark.

Bank M reports TZS 1 trillion in total assets

Bank M Tanzania Plc posted a high growth in total assets, crossing the TZS 1 trillion mark as at 31st December 2016, its 10th year of its operation.

FBN, GTB, Zenith, Access, UBA Among Top 500 Global Banks

FirstBank was named as the most valuable banking brand in Nigeria in the report.

Tanzania: Dar Seeks 2tri/ - Development Funding From World Bank

Expansion of the Dar es Salaam port requires 600 million US dollars (over 1.3tri/-), but the World Bank has offered 305 million dollars for the first phase of the project," Dr Mpango elaborated.

United Capital Plc, Societe Generale, Orange, Others Support African SMEs with €77m Fund

Beyond financial performance, particular attention will be paid to the positive impact of the Fund’s investments in terms of governance, transparency, job creation, and respect for social and environmental values.

Stanbic bank scoops Bank of the Year Award in Tz

The Banker’s judging panel reported that the Standard Bank Group’s operations in all six African countries had made the most progress over the 12 months

African trade finance bank admits Chad as member

The ratification was done by Chadian President Idriss Deby.

European lender to announce Sh27bn funding for small businesses

Kenyan entrepreneurs will access the EIB-backed loans directly from local banks.

FBN Capital wins awards in investment banking, asset management

FBN Capital also was mandated as Financial Adviser by Seven Energy International Limited (SEIL)

Zimbabwe Pins Hope on Lima Process

A significant portion due to AfDB and Africa Development Fund totaling about $627 million will be refinanced through a bridge facility.

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