04/18/2019
Namibia’s central bank slashes economic growth forecast
The southern African economy’s GDP has contracted over the past two years, at –0.1% in 2018 and –0.9% in 2017.
Retail Banking
04/18/2019
Ethiopia’s largest commercial bank opens historic all-female branch
“Empowering women to take part in all economic sectors is essential to achieve development objectives,” he added.
04/17/2019
Access Bank grows profit by 66% to N45.1b in Q1
Profit before tax jumped by 66 per cent from N27.44 billion to N45.10 billion.
04/17/2019
Standard Bank to teach SA on how to be more WalletWise
The chosen hosts have dedicated themselves to sharing their knowledge with viewers from all walks of life to empower them on their financial journey.
04/17/2019
Absa migrates banking system from UK to SA after Barclays separation
The bank said normal operations resumed on Monday with all branches open and all digital channels and ATM services fully restored.
04/16/2019
How South Africans rate the ‘big five’ banks
Loyalty points, customer rewards will take on a fresh approach.
04/16/2019
African Bank President calls for the US to up its investments in Africa
Akinwumi Adesina told his audience that Africa should no longer be seen as a museum of poverty – rather a continent that will be driving global growth going forward.
04/16/2019
African Development Bank organizes roadshow to whet investor interest ahead of Africa Investment Forum 2019
The Bank’s maiden investment forum held in November 2018 saw an unprecedented gathering of world-class investors,
04/12/2019
Remittances major contributor to GDP in Africa in 2018
Global remittances, which include flows to high-income countries, reached US$689 billion in 2018, up from US$633 billion in 2017.
04/12/2019
East Africa Bank Opens New Headquarters In Djibouti
As part of the long term expansion plan, the bank which is a subsidiary of Dahabshiil Group has built a new headquarters in Djibouti City complete with new banking halls to serve an ever increasing client base.
04/12/2019
Standard Bank Back South African Rand to Overcome Hurdles and Forecast Stronger End to the Year
First-half 2019 seen as problematic for Rand
04/11/2019
Nedbank CEO scores massive R53 million payday
Brown said that progress in 2018 enabled the bank to grow its market share of main-banked clients across all business clusters.
04/11/2019
Ndegwa brothers reveal Sh700 million CBA stake
The value of their interest in CBA is based on the lender’s net assets in the year ended December 2018.
04/10/2019
African Development Bank to host Investment Forum Roadshow in Angola
The event will convene traders, experts and financiers in the public and private sector, who seek to invest in Africa’s development
04/10/2019
GCB records GHc323 million profit
The Bank further took the lead in mobilising GHc 1.379 billion to end the year with GHc8.335 billion in deposits, it said.
04/09/2019
African Development Bank welcomes partners to multilateral development bank (MDB) roundtable to strengthen collaboration on donor relations and fund management
Its goal is to share the most efficient methods for mobilising resources towards the achievement of the Sustainable Development Goals
04/09/2019
Old Mutual launches savings plan
The plan also gives the customer the opportunity to access a part of the savings for immediate needs during the savings period, should the need arise; thereby providing financial security.
04/09/2019
World’s Best Investment Banks 2019: Financial Technology
Global Finance’s winners are turbocharging investment in new technologies to facilitate existing systems and products while also supporting fintech innovations.
04/09/2019
Access Bank announces dual listing of N15b corporate green bond
The listing of the bond closely follows the completion of the bank’s merger with Diamond bank
04/09/2019
The banks South Africans are least likely to recommend to their friends and family
In the latest index, Capitec once again leads the overall customer satisfaction score across all brands by a significant margin for the sixth consecutive year, although with a slight decline on its previous score.