09/09/2016
The government and the ruling party criticized the decision. Insurer Old Mutual Plc, which owns Cape Town-based Futuregrowth, said it wasn’t notified beforehand and that the move didn’t represent the position of the rest of the company.
09/09/2016
Membership of the bank will be open to member countries of the United Nations over time.
09/08/2016
The central bank said in July the economy won’t expand at all this year.
09/07/2016
Business leaders needed to directly engage with the government and lawmakers to push for the right policies which would encourage growth, he said.
09/05/2016
Investors are struggling to raise financing.
09/05/2016
The bank was issuing local currency bonds after scrapping plans last year to issue a $100m seven-year dollar bond because of currency risks.
09/05/2016
SBSA and NDB aim to take advantage of this cooperation agreement to support their respective clients as they grow their business in Africa and other emerging countries.
09/02/2016
The government said last week that Zuma will lead a new panel to oversee all state-owned companies
09/01/2016
The new non-exclusive general business cooperation agreement will seek to foster closer cooperation between both banks, ranging from information exchange to investment banking.
09/01/2016
The decision won’t immediately affect lending to the government and other state bodies such as water boards and municipalities.
08/30/2016
Standard Bank declined to comment because SAA is a client.
08/30/2016
Apart from the agreement, the bank revealed that between 2009 and 2016, it dedicated $600 million to finance various projects undertaken by the government.
08/30/2016
The loan agreement is designed to encourage African firms to import machinery products from Japanese companies.
08/25/2016
To bolster cooperation among their stock exchanges
08/23/2016
He however, could not reveal what the transaction price was, citing that the sale was a private transfer and that the details could only be sanctioned by the Capital Markets Authority.
08/22/2016
As a statutory coming together, the NBAD-FGB deal sets the bar high
08/19/2016
The bank reported a profit of Sh5.2 billion in the six months ended June, up from Sh3.8 billion in a similar period last year.
08/18/2016
Profit measure climbed 4.7% in the first half and the bank has increased its interim dividend
08/08/2016
Equity Bank delivered the best returns for investors
08/08/2016
SARB says these fines emanated after inspections were conducted to see whether banks have appropriate measures in place as required by legislation.