Managers of Wealth Africa

Yegs Ramiah reaps Loeries 2016 Marketing Leadership and Innovation Award

Alistair King, chief creative officer of King James South Africa commented that Ramiah's meteoric rise within Sanlam is remarkable

Kenya: Chase Bank Takes More Steps Towards Full Recovery

The bank had been limited to only a few services such as money transfers and automated teller machine, and was awaiting the approval to accept deposits and issue loans.

Guaranty Trust Bank First-Half Profit Jumps 45% on Currency Gain

Guaranty Trust also reported a 48 percent increase in net fee and commission income to 34.8 billion naira.

KDIC hires trauma experts to counsel staff after banks fall

Kenya has seen 27 lenders collapse or put under receivership in the country’s banking history.

Discovery ready to move into banking

Gore started Discovery as a private health insurer in 1992 and has since expanded into investments, credit cards, life insurance and property and casualty cover.

New Discovery bank on its way

Discovery announced its plan to establish a retail bank in 2015, which will compete against ABSA, FNB, Nedbank, and Standard Bank.

Bank Windhoek’s profit after tax up 20% to N$905 million

This was the fifth consecutive year of profit growth in excess of 20 percent for BWH, emphasising the consistent performance of the group, the results that were released on August 12.

SunTrust Bank’ll be technology driven, says CEO

Banking is no longer where you go to, it is what people do.

Zenith Bank Plc Earnings Update - More Prudence as Bank Adopts New Impairment Model

Management however, expects its tax rate to normalize to 19% in FY'16

Sun Trust Bank Emerges, Unveils Banking Services

The Managing Director and Chief Executive Officer of the bank, Muhammad Jibrin said the bank will carve a niche for itself in the area of financial technology as it is set to deliver quality banking services to its customers.

Uganda's Stanbic Bank H1 profit rises 57 pct on trading income

The results showed strong earnings from trading in the interbank money market, interest from Treasury bills and bonds, and foreign exchange trading.

Kenya Commercial Bank launches property centre

KCB is still bullish of better returns from real estate lending despite high non-performing loans in the sector.

Fidelity Bank deposit base hits N830bn in 2016 half year

The managing director said that the bank would continue to ensure its regulatory ratios remained above the regulatory thresholds.

FNB opens branch inside a shipping container

The mobile units come in a number of shapes and sizes, from a standard single container to multiple units welded together to extend the branch footprint.

Sterling Bank bags Best Non-Interest Banking award

The bank in a statement made available over the weekend noted that the Award was conferred on the Bank based on its success story

Nedbank defaults up as higher rates press consumers

This compares with R16.7bn in June 2015, which is a decline of 4.1% on the previous comparative period.

Skye Bank partners Parkway on Bank3D business banking

Bank3D is a managed business banking hub with apps for large, mid-sized, small business and government agencies

Investec Shareholders Should Oppose Pay Policies, PIRC Says

Chief Executive Officer Stephen Koseff’s variable pay is excessive because it “represents more than 500 percent of his salary,” as does that of Managing Director Bernard Kantor, it said.

NMB Bank (Tanzania) wins Euromoney award

The Euromoney awards, now in their 25th year, provide a benchmark for levels of service and financial performance across the banking industry.

GCB Bank sacks 195 workers

It has as well been designed to achieve an appropriate senior and junior grade mix.

Retail Banking