07/25/2013
Stanlib’s trump for Africa is engineering its own exit
Stanlib’s pilot African property development fund that launched in May has expanded its core focus from Nigeria and Kenya to also include Ghana and Uganda
07/25/2013
Stanlib’s pilot African property development fund that launched in May has expanded its core focus from Nigeria and Kenya to also include Ghana and Uganda
07/23/2013
Investec Plc , the owner of a bank and a money manager in South Africa and the U.K., said it loaned about 240 million rand ($24.8 million) to Johannesburg-based First Strut Ltd., which is in liquidation.
07/23/2013
Nigeria’s banking index fell the most in a month after the central bank tightened monetary policy by increasing reserve requirements, damping the outlook for lenders’ margins.
07/20/2013
Many fund managers may be looking to offshore markets to spice up their returns
07/17/2013
Absa is launching its gold-backed exchange-traded fund (ETF) called NewGold in Mauritius
07/16/2013
With the country in the middle of a population boom, planned reforms to Nigeria’s pension system are timely.
07/16/2013
Afican Bank has issued another bond under its domestic medium-term issuances programme — this time a private placing of R600m payable over seven years.
07/14/2013
FirstTRand is still committed to Ghana and applying for a banking licence in the West African country remains an option
07/14/2013
Ernst & Young Africa said it had budgeted $40 million meant for acquiring assets in Nigeria, South Africa and Angola.
07/12/2013
It announced that SSNIT would start a new process to invite proposals from interested parties for the acquisition of the Merchant Bank Ghana.
07/11/2013
The initial rollout of the service is scheduled for the first quarter of 2014 and will include space for 35 clients.
07/10/2013
It already provides securities lending and borrowing and global custody services to Peregrine Equities (Pty) Ltd,
07/09/2013
FirstBank of Nigeria Limited signed a $100million facility agreement with China Development Bank
07/07/2013
Transnet plans to sell the country’s first rand bond to foreign investors
07/04/2013
Angola has decided to postpone plans to launch a stock exchange for a year
07/04/2013
Standard Chartered Bank has acquired authorisation to carry out operations of a trustee under the Collective Investments Schemes from the Capital Markets Authority.
07/01/2013
The Pan African Investment Company, Heirs Holdings, has taken a strategic stake in the new National Association of Securities Dealers
07/01/2013
PIC approved to increase its stake in African Bank.
06/30/2013
Angola pushed back plans for the start of stock-exchange trading by a year to 2016,
06/30/2013
Nedbank Corporate Property Finance has been voted the best Property Finance bank in the 2013 PricewaterhouseCoopers (PwC) South African Banking Survey.