05/09/2016
African Banker Awards 2016 will be held in Zambia
The awards were launched to reflect the rapid growth and modernisation of the banking and financial services sector in Africa.
Investment Banking
05/09/2016
More to an executive’s pay package than meets the eye
The issue is more complex than that, as each of the four banks award shares that vest over a lengthy period, some within a year, others in three years.
05/06/2016
Quite possible that Diamond could take Barclays Africa Group
The initial sell-down of Barclays’ stake looks like a decent enough piece of business by boss Jes Staley.
05/06/2016
World Bank plans to increase investments in Africa
So, if we find a viable project in Africa we will finance it because we believe that our mission is very relevant in Africa.
05/05/2016
Barclays sells 12.2% stake in Barclays Africa Group
Banking giant Barclays is selling shares worth 12.2% of Barclays Africa Group as it moves to drive down its stake in the lender.
05/04/2016
South Africa's PIC in talks with Barclays on African business stake -source
The Public Investment Corporation (PIC), Africa's largest fund manager with more than $122 billion of South African government employee pension assets under its custody, is the second-biggest shareholder in BAG with a holding of about 6 percent.
05/03/2016
Sacp supports bank's withdrawal from Gupta - owned Company
The SACP’s Jeremy Cronin says this was a precautionary move by the four main banks.
05/03/2016
Standard Bank Partners Airtel Money
As a service, Airtel Money has gained massive acceptance from our growing customer base during its four years in operation.
05/02/2016
Diamond's plans to put a shine on Barclays Africa
Diamond emphasised this week that his grouping had the advantage and would not run into the global regulatory challenges that prompted UK-based Barclays plc to exit its African operations.
04/29/2016
Bad loans create headache for Barclays Africa
Barclays announced last month that it was planning to sell its 62.3 percent stake in Barclays Africa over the next two to three years.
04/27/2016
Barclays Bank CEO pushes for probe on officials
The banking sector, added the Barclays CEO, needs to team up with the industry regulator, to probe where the breakdowns occurred and plug them to prevent a recurrence in the future.
04/26/2016
Standard Bank CEOs get hefty pay rises
Mr Tshabalala’s total pay was R30.99m, including annual incentives of R22m, giving him an increase of 28%.
04/26/2016
Barclays Africa may end up in private hands
The Barclays Africa Group was formed after Absa acquired Barclays’ African operations in 2013.
04/26/2016
Oakbay Staff call for banks to reopen Company Accounts
A group of around 100 Oakbay employees have marched to Absa to hand over a memorandum.
04/25/2016
Atlas Merchant Capital, Carlyle Group Team up to Bid for Barclays Africa Group
Bob Diamond’s Atlas Merchant Capital and Carlyle Group will jointly raise funds for bid
04/24/2016
Bank Charges Must Be Scrapped – Bank Boss
Some banks charge up to $10 or more in service charges per month excluding withdrawal costs per transaction.
04/21/2016
Old Mutual could list emerging-markets unit in SA after break-up
No decision had yet been reached on how to distribute Nedbank’s shares, said Michael Goemans, the chief financial officer of Old Mutual SA.
04/14/2016
AfDB President pays visit to South Africa
Discussions included exploring new areas of cooperation and strengthening cooperation in key sectors such as energy and food security.
04/14/2016
Barclays Bank plans to retain stake in African business
The UK company still intends to retain a 20 per cent stake in the African business
04/11/2016
Barclays Africa says board attendance of Matlare, Cuba ‘below standard’
Cuba’s “attendance at committee meetings was satisfactory,” the group notes, but “her attendance at board meetings was significantly below board standards”.