Managers of Wealth Africa

Kenya's Diamond Trust Bank Q1 profit up 10 pct

Kenya's Diamond Trust Bank increased first-quarter pretax profit by 9.5 percent year-on-year, helped by a growth in lending net interest income

Standard Bank expenses rising higher than income

Standard Bank Group said on Thursday that it had grown income satisfactorily in the first four months of the year

Al Baraka Bank Tunisia doubles its net income to $2.1m in 1Q 2015

Al Baraka Banking Group is licensed as an Islamic wholesale bank by the Central Bank of Bahrain

Barclays Kenya first quarter profit jumps 10pc, helped by increase in interest income

Net loans to customers rose seven per cent to Sh125 billion

Ecobank reports $520 million pre-tax profits for 2014

Tier 1 capital ratio under Basel I was 18.3 per cent and total capital adequacy ratio was 20.4 per cent.

Ramos firmly back in control of Barclays Africa

This week’s Barclays Africa’s annual general meeting served to illustrate how CEO Maria Ramos has taken control of the group after a turbulent phase of recovering from the recession

The new scramble for Africa starts in Dubai

From multinational HQs to selling secondhand vans, the Gulf state is racing to profit from the continent’s renaissance

Investec CEO: We are in the best shape since the mid-2000s

The group's wealth & investment business also saw operating profits jump 19.2%

Kenya Banks Got Sh2.4 Trillior in Deposits From Jan to March

As at March 31, 2015 there were 16 commercial banks that had contracted 34,381 active agents

Investec SA reports 10.2% rise in FY profit: Stephen Koseff – CEO, Investec

‘We’ve got a much cleaner business, and we can focus on building as opposed to fixing.’

Barclays Africa board under fire

The Barclays Africa board fended off a mild onslaught from shareholders on recent performance, executive remuneration and CEO Maria Ramos’s time commitments.

Skye Bank’s total assets hit N1.42 trillion

Skye Bank Plc. has reported total assets of N1.42 trillion during the financial year ended December 31, 2014

Skye Bank grows assets

Skye Bank Plc grew its total assets by 26.8 per cent to N1.42tn in 2014 from N1.12tn the previous year

Old Mutual makes good start to the year

Old Mutual Wealth has had a solid start to the year and we are seeing continuing benefits

Ecobank Ghana revenue jumps 45% in 2014

The bank also recorded 67 per cent increase in profit before tax after impairment charges at GH¢ 447 million

Co-op Bank projects rise in 2015 profit as it eyes regional expansion

The growth will be supported by emerging lending opportunities and income from fees and commissions.

Old Mutual's Nedbank Reports Higher First-Quarter Net Interest Income

Its net interest margin deteriorated to 3.41% from 3.57%

Ugandan Banks Shine As Kenya's See Profits Drop

While both banks had seen their profits plummet by more than 20 per cent in 2013, they regained their footing last year

Capitec looks solid for the long haul

Capitec, in particular, saw its share price fall as some shareholders considered African Bank’s demise to be evidence that the business model was fatally flawed

Kenya: HF Quarter One Profit Remains Flat

Housing Finance Group net profit was nearly flat during first quarter of the year despite its banking arm recording increased business volumes.

ESG