06/05/2018
IFC invests in Bank of Africa to expand SME lending across eight African countries
IFC’s investment will cover as much as 50 percent of the risk on up to $120 million equivalent in loans to local SME’s in Burkina Faso, Ghana, Madagascar, Mali, Niger, Senegal, Tanzania and Togo.
06/01/2018
Kenya has only 19 five star-rated hotels, according to the latest classification list, hence there is room for more luxurious spaces to accommodate business travellers and tourists.
05/24/2018
New World Wealth is a Johannesburg-based market research and consulting firm that offers a range of analytical services.
05/21/2018
“I will continue to use my resources and my voice to help shape a better Nigeria, and Africa as a whole,” the businessman said.
05/17/2018
The UK specialist banking arm — the group’s second-biggest profit generator — suffered a 9% fall
05/15/2018
Rankin said that a greater understanding of thematic investing – such as following structural themes or so-called ‘mega trends’ – has also boosted this shift.
05/14/2018
The Bank has partnered with industry experts that will tackle topics affecting businesses including; people, processes, funding, risk management and models of scaling up.
05/10/2018
It expects diluted headline earnings per share to be "in line" with its medium to long-term target of at least gross domestic product plus consumer price inflation plus 5%.
05/02/2018
The group, which held what is expected to be its last annual general meeting in London on Monday, was on schedule and below budget with the managed separation strategy it embarked on just over two years ago, Old Mutual plc chairman Patrick O’Sulliva
04/30/2018
Old Mutual announced in November last year that it was rebranding as Quilter following its separation from its parent company.
04/25/2018
As many people are aware, there is considerable wealth in the country but also extreme poverty, the abundance of shanty towns is a stark reminder of this.
04/24/2018
CEO Peter Moyo describes the end of Old Mutual Plc in London and what shareholders and buyers can expect.
04/19/2018
The decision to take over Saham creates a Cape to Casablanca empire, with many benefits as well as some challenges
04/09/2018
The winners of the World Finance Wealth Management Awards, 2017, have demonstrated confidence in avoiding such pitfalls.
03/28/2018
Standard Bank Wealth International is 100 per cent owned by Standard Bank Group, the largest bank in Africa by assets
03/28/2018
The first business to be renamed is expected to be the multi-asset business, which will become Quilter Investors.
03/21/2018
CEO Michael Sassoon reports that the group’s H1 balance sheet was ‘pretty good’, but a credit and tax issues impaired the result.
03/12/2018
The offshore custody solution allows clients access to global multi-asset class investments and multi-currency trading
03/08/2018
Flush with excess cash, Sanlam has been on an acquisition spree across emerging markets
03/06/2018
While a spokesperson could not confirm whether Standard Bank had taken over the accounts due to client confidentiality reasons, one of the business rescue practitioners confirmed that Standard Bank held a board meeting where the issue was discussed on Fri