12/22/2014
African Bank will need a plan B in 2015
South Africa's banker and their regulators really need their holidays this year. Not since 2002 has the banking system had to deal with a bank in trouble.
12/22/2014
South Africa's banker and their regulators really need their holidays this year. Not since 2002 has the banking system had to deal with a bank in trouble.
12/22/2014
Banker Albert Essien talks about the management troubles at Ecobank, its plans for consolidation, and how to manage culture and training across a pan-African institution.
12/19/2014
The chasm between the wealthy and poor shows no signs of narrowing, but the pool of super-rich people appears to be changing colour.
12/17/2014
Recent figures released by the Government of India*, show that in the third quarter of 2014 Mauritius regained its number one position in respect of being the largest source of foreign direct investment (FDI) into India.
12/17/2014
Without a strong image and trusted name, beating the competition is but a pipedream.
12/17/2014
This adds to the risk, the IMF said after the completion of an extensive assessment of the financial regulatory system.
12/16/2014
This was revealed in a report released by the Economist Intelligence Unit (EIU) in conjunction with Falcon and Associates.
12/15/2014
As Fitch and S&P keep ratings unchanged.
12/15/2014
First Bank, Nigeria’s largest lender by assets, has emerged as the most popular bank among MSMEs for both deposit transaction and credit/loan activities in a new KPMG survey on the sector.
12/14/2014
The continent’s statistics are said to be unreliable.
12/14/2014
Enhancing their business environment is a must for African countries if they are to boost their chances of securing public-private partnerships for much-needed infrastructure projects
12/14/2014
Comparisons to China are premature, but investors find its long-term growth potential hard to ignore.
12/14/2014
Ethiopia, like many of Africa’s new growing economies, began achieving high growth rates from a low base, writes William Gumede.
12/12/2014
According to the report, some regulators, however, believe banks are moving too slowly.
12/12/2014
The lower oil price will put pressure on their current profit margins and also makes their expansion plans less value-enhancing.
12/12/2014
The increasing wealth among Nigerians is believed to be fuelling growth in the luxury end market on the continent.
12/11/2014
Lawsky’s New York Department of Financial Services has fined the bank, and installed monitors to look further into its behaviour.
12/11/2014
Standard Bank, which used to lead the market in size, is now lagging, with share price growth this year of only 8% to give market capitalisation of R226.9bn.
12/09/2014
Henry Sinyangwe, Lusaka Forum or Democracy and Development President Edith Nawakwi says the country has enough wealth to take care of all Zambians if prudently managed by those elected in Government.
12/09/2014
Billionaire Nigerian business man, Aliko Dangote, was weekend named as the Forbes Africa Person of the Year 2014.