11/08/2023
A higher net surplus on the financial account
This compares to a revised net surplus of USD44.0m recorded in the previous quarter.
11/08/2023
This compares to a revised net surplus of USD44.0m recorded in the previous quarter.
11/07/2023
The bank aims to scale its financing to women-owned enterprises and green businesses that are involved in renewable energy produce eco-friendly products and services or offer green services.
11/07/2023
The revised numbers contained in the Supplementary Budget tabled in the House in late October
11/06/2023
It marked a 77 percent growth in pre-tax profit to Sh2.3 billion (Tshs39.5 billion) in the period from Sh1.3 billion (Tshs22.3 billion) previously.
11/06/2023
Redefine, with a diversified property portfolio valued at 96.8 billion rand, said group interest costs, including finance costs and income received from cross-currency and interest rate swaps, increased 34.2%.
11/03/2023
The companies in each country are then ranked based on the number of monthly searches plus the keyword “careers.”
11/03/2023
Moody’s rates South Africa’s long-term foreign debt with a stable outlook at a sub-investment grade Ba2, which it defines as carrying substantial credit risk with speculative characteristics.
11/03/2023
The naira in Lagos recorded an average of 1,120/$ on Thursday, appreciating to 1,040/$ and 1,125/$ in different locations on Thursday.
11/02/2023
Investors this week had brushed aside projections of mixed sentiments
11/02/2023
The acquiring company sees the transaction as a means to expand presence in Africa.
11/01/2023
The government might find itself facing a critical shortage of funds if decisive action is not outlined in the medium-term budget policy statement
11/01/2023
Despite the ailing SOE’s financial woes, Eskom revealed De Ruyter received R6.9 million in the 2023 financial year – slightly less than the R7.1 million he received the year before.
10/31/2023
The bank’s operations will focus on corporate financing and trade financing, officials said on X, formerly known as Twitter.
10/31/2023
Innovative solutions and toolkits to empower and enhance their capacity to access necessary funds to achieve their goals
10/31/2023
IFC provided a $150 million loan to KCB Kenya to support businesses tackle the effects of climate change
10/25/2023
The revenue shortfall was also attributed to government tax waivers and exemptions of Sh39 billion and the shrinking of non-oil revenue imports by Sh20 billion.
10/25/2023
Applications from Algeria, Ghana, Kenya, Morocco also on the increase
10/24/2023
The CBK estimates that if the average bond yields increase to 18.85 percent and 19.89 percent, under moderate and severe scenarios, banks will record unrealised bond valuation losses
10/24/2023
Based on year-on-year growth, United Bank for Africa topped the chart
10/24/2023
Alawuba was conferred with the highest honour for bankers during the Institute’s 2023 investiture ceremony held in Lagos at the weekend.