10/06/2015
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
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
This is largely attributed to the inward FDI from China with investment mainly going into primary resource sectors and infrastructure.
09/25/2015
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
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
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.
09/17/2015
Chief executive Chris Macdonald said: "This has been a year of substantive progress for the Group. We have continued to grow funds under management and increase profits whilst making considerable progress on our IT development, our distribution, impr
09/17/2015
Investec, the London and Johannesburg-listed bank, has reported strong performances across both its businesses despite the economic contraction in South Africa, although the nation's weakened currency will hit its earnings.
09/17/2015
Standard Bank’s corporate and investment banking division was the best performer, seeing a 21.9% surge in loans and advances to customers.
09/16/2015
Interest income increased by 15%
09/10/2015
FirstRand Tightens Lending as Bad-Debt Levels Rise Amid Slowdown
South Africa’s economy contracted by 1.3 percent in the second quarter with consumers battered by power shortages, higher inflation and a rising interest-rate cycle.
09/10/2015
FirstRand FY profit rises 17% buoyed by retail banking
Net income rose to R21.6 billion.
09/09/2015
The bank said it had set aside an additional 1.6 billion dirhams in provisions
09/07/2015
The pan-African financial services group, United Bank for Africa Plc, has announced its audited 2015 half-year financial results.
09/06/2015
Fortis microfinance bank taps Nigeria large market as earnings spike
Fortis Microfinance Bank (FMB) Plc has tapped into the large Nigerian market as half year earnings upsurge amid a tough operating environments crimping the growth of companies in Africa’s largest economy.
09/04/2015
Pension fund withdrawals hurt Sanlam
Sanlam yesterday announced that two major pension funds had withdrawn a total of R13 billion of their funds managed by the group as the financial services group reported disappointing interim results.
08/28/2015
It said it continued to “evaluate further acquisitions” to expand, and was still in talks to buy a substantial stake in Banque Populaire du Rwanda.
08/27/2015
Standard Bank Namibia Holdings produced a positive performance for the six months
08/23/2015
Major highlights of the account showed that gross earnings rose by 12 percent to N55 billion.
08/21/2015
Similarly, non-interest income rose 101 per cent to N69.4 billion in 2015 from N34.6 billion in 2014.