03/19/2018
There’s no such things as a guaranteed quick investment
At the point where there are more existing investors than new investors, the scheme collapses and all monies invested, are lost.
Retail Banking
03/12/2018
South African lender set to dominate Nigerian banking sector
The planned entry which was made public last week by Barclays Africa group has been described by industry watchers as a welcome development.
03/08/2018
Kenya: HF Signs Sh1.5 Billion Credit Facility With Arab Bank
The Arab Bank for Economic Development in Africa Director General Sidi Ould says the new credit line, which is as part of the firm's program for financing private sector operations.
03/08/2018
BoG dismisses uniBank takeover of adb
The Central Bank approved the sale of the two banks after they were found to be financially distressed, but it has denied authorising the takeover of adb.
03/08/2018
Standard Bank’s earnings growth puts it in first place among big four
Standard Bank grew its total income by 5.2% to R128bn and its attributable profit by 18% to R26bn.
03/06/2018
National Bank Kenya Considering Branch Closures to Cut Costs
Banks have closed at least 39 branches and cut 1,620 jobs since the caps were announced in August 2016
03/02/2018
Barclays Africa lifts profit, looks to Nigeria for growth
Reports profit up 3.9 pct and net interest income up 1 pct
02/26/2018
Access Bank wins Euromoney’s award
The Award is given to honour firms that have proven to be leading providers of exceptional commercial banking services and have also shown outstanding contribution to the banking sector.
02/22/2018
Access Bank Ghana Ranks as 2017 Most Influential Bank on Social Media
Following keenly is debutant, Beige Bank whose accounts are mainly reserved for banking purposes and maintains the highest number of following by a bank across Social Media in Ghana.
02/20/2018
Capitec CEO says bank `back to normal' after Viceroy target
It went from a small unsecured lender in the Stellenbosch winelands into the country’s second-biggest retail bank.
02/16/2018
Stanbic Bank targets firms with e-Biller
The system will process invoices and generate payment instructions for firms, working as an efficient alternative for billing, reconciliation, and payment.
02/14/2018
Stepping up a gear: Ecobank fintech boosts financial inclusion in Africa
The Africa Tech summit takes place on 14 and 15 February in Kigali, Rwanda
02/14/2018
Senegalese Multi-Millionaire Abdoulaye Diao Launches Commercial Bank
Senegalese multi-millionaire oilman Abdoulaye Diao has founded Bustard, a new commercial bank serving the West African country.
02/09/2018
Standard Bank launches branch dedicated to Chinese business community
The full-service dedicated branch was opened at an event at Crown Mines in Johannesburg.
02/07/2018
Access Bank Wins 2017 Web Jurist Award For Banking Sector
So if you needed a reason to be glad you bank with Access Bank, this amongst others should make it to your list.
02/05/2018
Dangote charges Nova bank to reach for top 10
Knowing Philip Odouza very well, I looking forward to Nova growing rapidly to be “amongst the top 10 in Nigeria.”
02/05/2018
South Africa fines China Construction Bank over weak laundering controls
China Construction Bank – China’s second largest lender by assets – says on its website that its clients in South Africa include more than 20 listed companies as well as state-owned and international companies.
02/05/2018
FNB is now South Africa’s most valuable banking brand
This strategy has largely been reflected in the number of retail customers reported at the bank and its competitors over the past few financial years.
02/05/2018
OPINION: Financial turmoil caused by Viceroy's ulterior motives
Banks are built on public confidence, which is brittle and easily destroyed.
01/30/2018
Offshore markets: Where dreams die for SA retailers
A herd mentality has seen many local retailers burn their fingers in the UK and Australia.