12/17/2014
Citibank NA and Global insurer Zurich Insurance Group announced today the signing of an exclusive 15-year strategic agreement to offer Zurich’s comprehensive life insurance solutions, as defined in the agreement, to Citi’s consumer clients thr
12/17/2014
The financial inclusion and the cashless policy initiatives of the Central Bank of Nigeria last week got uplifted following Stanbic IBTC Bank and the Subsidy Reinvestment and Empowerment Programme Maternal and Child Health (MCH) Project, on mobile conditi
12/17/2014
Mid Tier lender, Skye Bank Plc, said on Tuesday it had received a ‘No Objection’ letter from the Securities and Exchange Commission to acquire Mainstreet Bank from the Asset Management Corporation of Nigerian
12/16/2014
Angola´s financial sector, like its economy, has seen rapid growth in the past decade, as the number of domestic banks operating in the country jumped from 13 in 2005 to 29 in 2014.
12/15/2014
It looks like the good bank that the South African Reserve Bank and National Treasury want to raise from the ashes of African Bank is never going to happen.
12/15/2014
MMI has acquired Imara because the brokerage firm is a well-established mid-sized stockbroker with over 70 years of experience in the South African stock broking market.
12/11/2014
Zimbabwe is projected to spend 81% of its national budget on salaries for state workers next year, leaving little to develop infrastructure.
12/11/2014
Old Mutual last month raised R1 billion with the sale of two subordinated Tier 2 November 2024 notes
12/10/2014
The growing international agency hopes the new office in Ebene will increase sales, rental and property management to Commonwealth and Francophile communities, plus Russia and the Middle East
12/09/2014
In an effort to position South Africa as a globally competitive destination that is open for business, the Deputy Minister of Communications, Stella Ndabeni-Abrahams, is leading a South African delegation to Dubai in the United Arab Emirates.
12/08/2014
A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focusing mainly on life insurance and pensions, in the face of mature markets and strong competition at home.
12/08/2014
The country now uses the US dollar, British pound, South African rand, Botswana pula, Japanese yen, Chinese yuan, Indian rupee and the euro, among other currencies.
12/08/2014
South Africa's current-account deficit threatens to undermine the economic benefits provided by the slump in the oil price.
12/08/2014
The company has produced 1,206 carats (+1.25mm) to date with an average grade of 15cpht, which included over 85 diamonds of over 1 carat.
12/08/2014
The Board of SIM Capital Alliance Limited (SIMCAP) has announced the buyout of Sanlam Investment Management’s (Sanlam) ownership interest in SIMCAP by African Capital Alliance Holdings Limited (ACAHL).
12/08/2014
A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focusing mainly on life insurance and pensions, in the face of mature markets and strong competition at home.
12/08/2014
The International Forum on Islamic Finance (IFIF Sudan 2014) is being convened on the 9th and 10th of December 2014 at the Al Salam Rotana, Khartoum, and will feature high-profile discussions that will seek to capture the Africa opportunity for Islamic fi
12/05/2014
Sirius Real Estate has completed its fast track, secondary listing on the Alternative Exchange (AltX) of the Johannesburg Stock Exchange.
12/05/2014
Kenya’s $2 billion of bonds due June 2024 yielded 5.89 percent at 5:21 p.m. in London.
12/05/2014
A South African listed property fund is continuing its push into the Australian market, adding two NSW industrial properties to its portfolio of Australian assets.