01/25/2016
The latest report this week by Thomson Reuters declared that the outbound merger and acquisition year-on-year growth figures for 2015 are “the highest annual period in any given year.”
01/20/2016
The audited results will be released on the Nigerian Stock Exchange and to the investment community upon conclusion of KPMG’s audit
01/07/2016
OLD Mutual strongly outperformed rival Sanlam last year
12/21/2015
In the period under review, the group’s profit before tax stood at $398 million down two percent from $408 million recorded in the corresponding nine months.
12/20/2015
Investments in new services, acquisitions and strong growth across core services drive fiscal year (FY) revenues of US$24.44 billion Multi-year, US$1billion investment program in data and analytics (D&A) and new technologies continues, driving enhance
12/11/2015
Barclays Africa Group Ltd. slumped as much as 19 percent, the most since January 2002.
12/10/2015
Zuma late Wednesday removed Nene from his post after 19 months
12/10/2015
The decision to sack Nene now is perplexing for the mining industry, which accounts for a fifth of South Africa’s GDP.
12/08/2015
Pessimism about the nation’s political and economic environment and the rand’s decline has created a negative feedback loop
12/08/2015
Abil de-listed from the Johannesburg Stock Exchange last year.
11/30/2015
Kenya: Standard Chartered Bank Issues Profit Warning for Year 2015
The bank attributes the drop in net earnings to rise in Non Performing Loans
11/30/2015
Nigerian banks record 10% assets growth despite distress alarm
Loan & advances to customers and customers’ deposits; two major influences of a banks’ total assets contributed an average of 49 per cent and 68.8 per cent in total assets of ETI respectively.
11/19/2015
The rand has lost 20 per cent of its value against the British pound in the last year.
11/19/2015
The bank raised lending rates by 25 basis points to 6.25 percent after increasing them the same amount in July.
11/17/2015
The partnerships include a Public Private Partnership with Rabo Bank
11/15/2015
The delay according to the bank is as a result of the commencement of the interim audit of First City Monument Bank as at 30 September, 2015, by KPMG, the bank’s auditors.
11/09/2015
AngloGold Ashanti Ltd. climbed the most in two months after the world’s third-biggest bullion miner said third-quarter production costs and output beat its forecasts.
11/08/2015
The trend is expected to continue with the other banks that are expected to release their financial statements from now till the end of November.
11/04/2015
Old Mutual UK Alpha, managed by Buxton, and UK Mid Cap have had net inflows of £0.6 billion and £0.2 billion respectively, since the start of the year.
11/03/2015
It was lowered by changes in its asset mix, larger holdings of high-quality liquid assets, and higher funding costs, especially relating to its acquisition of a significant stake in Ecobank Transnational