11/04/2015
Old Mutual Wealth sees £2.3bn record inflows in Q3
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.
ESG
11/03/2015
Ecobank funding costs clip Nedbank margins
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
11/02/2015
Old Mutual unveils new CEO, says Nedbank posts increase in Q3 profit
UK insurer Old Mutual said Nedbank Group, its majority-owned South African banking subsidiary, posted an increase in net interest income for the first three quarters of the year.
11/01/2015
KCB Group’s Nine Months Pre-Tax Profit up 10 percent to KShs. 19.4 Billion as Bank Opens a Representative Office in Ethiopia
The Bank hopes to use its presence in Ethiopia to facilitate trade between Ethiopia and other East African countries
11/01/2015
Fidelity Bank gross earnings grow to N106.6b in Q3
Profit after Tax went up by 1.8 percent to N11.4 billion as against N11.2 billion made in the comparable period of last year.
10/30/2015
KCB nine months pre-tax profit up 10pc
The new strategy adopted for the International Business is gaining momentum and underpins our regional expansion model
10/27/2015
Zenith Bank Posts N337bn Gross Earnings For Q3
Profit after tax went up by 16.9 per cent to N83.08 billion as against N71.04 billion made in the comparable period of last year.
10/27/2015
Africa Equity Bank Releases 3Q Financial Results
The high quality loan book, he said was maintained with a Non-Performing Loan
10/20/2015
UBA Increase Profits By 44%, Gross Earnings To N247.2Bn In Q3
The third quarter results also show Net Operating Income recorded a strong 21% growth to N167.4 billion.
10/18/2015
Slowdown in outbound M&A activity in sub-Saharan Africa
This is according to Thompson Reuters latest quarterly investment banking analysis for the sub-Saharan region.
10/14/2015
South Africans part of the top 1% well-heeled While worldwide inequality continues to grow.
And no doubt that South Africans are increasingly becoming part of the global wealth phenomenon.
10/08/2015
Africa, Middle East revenue drives PwC results
PwC performed really well with revenue growth of 10% putting us over the $35bn mark for the first time
10/08/2015
Banking's uneven development in Cameroon
Banks are readily lending to government and multinational firms, but neglecting the retail and small-business sectors.
10/07/2015
Namibia: Sanlam Dedicates Profits to Clients
The returns flowing to these portfolios are given through to the policyholders and will be paid to them once their policies/investments mature.
10/06/2015
Mo Ibrahim Index 2015: Mauritius remains the top ranking country in overall governance in Africa
With a total score of 79.9 points, the country ranks first in Africa followed by Cape Verde with 74.5 points and Botswana with 74.2 points at the second and third positions respectively.
10/06/2015
Ghana’s interest rate highest in the world
The Bank of Ghana increased its benchmark interest rate by 100bps to 25% on September 14, 2015, aiming to curb inflationary pressures.
10/02/2015
African Economic Growth Expected to Outpace Global Average
This is largely attributed to the inward FDI from China with investment mainly going into primary resource sectors and infrastructure.
09/25/2015
Renaissance Capital net profit exceeds 20% Growth
Our goal is to stay at the forefront, offering best in class trading, banking and access to capital to our clients from around the world.
09/22/2015
Zenith Bank total assets grow by 4, 650% in 10 years
The total assets of the 5th largest Bank in Ghana has grown from GH₵64.7million at the end of 2006 to over GH₵3billion at the end of 2014.
09/21/2015
Morocco's BMCE Bank says first-half net profit up 18 pct
BMCE's net provisions fell to 806 million dirhams, down 24 percent from a year earlier as the bank recovered more than 700 million dirhams of provisions.