Managers of Wealth Africa

Edo Begins Debit Card Distribution for National Cash Transfer Beneficiaries

The exercise is being carried out in partnership with the Federal Ministry of Humanitarian Affairs and Poverty Reduction, the World Bank and the National Cash Transfer Office.

Good news for Nedbank customers who need a smart ID

Nedbank is among nine banks that signed agreements with the department to expand civic record services to their branches in August and September 2025.

Capitec sells business for R210 million

Capitec is selling its rental finance business to Sasfin Holdings for R201 million, and will also provide a R1.6 billion credit facility.

Top bank closes branches and ATMs in South Africa

The bank reported its South African branch, ATM, and cash-accepting ATM numbers in its annual results.

Where Kenya's Commercial Dynasties Invest

Kenya's #1 newsletter among business leaders & policy makers

Nedbank Group Ltd outlines its role in South Africa’s banking sector

The group plays an important role in South Africa’s financial system, extending credit, providing transaction banking and supporting corporate finance and investment needs.

Global Banking & Finance Review Awards® 2026: Absa Bank Ghana Wins Multiple Honours

These awards reflect Absa Bank Ghana’s unwavering commitment to delivering customer-centric financial solutions while advancing innovation, digital transformation, and financial inclusion.

Absa Bank Ghana relocates head office to new Ridge headquarters

The relocation marks a significant milestone for the bank, which is moving its corporate operations from its longstanding head office on High Street - where it has operated for over a century - to a purpose-built headquarters designed to support its futur

How to empower Africa’s multilateral development banks

Credit ratings agencies such as Moody’s, Fitch and S&P exacerbate this dynamic by assigning most African countries sub-investment-grade scores, despite their relatively low default rates.

Absa takes a hit in its three largest markets

It was thus forced to lower its GDP growth expectations for its largest markets, South Africa, Ghana and Kenya.

Nigeria’s consumer credit falls to N3.03 trillion as retail loans plunge 42%

A year ago, consumer credit was over N4 trillion and grew to reach a peak of N5 trillion in May 2025.

African banks in hot pursuit of Kenya's profits face tough local rivals

African banks have been busy dealmaking as global giants such as Standard Chartered and Societe Generale exit smaller markets

Standard Bank fraud warning

Standard Bank issued a statement that said this type of fraud is becoming more common and more sophisticated.

African banks in hot pursuit of Kenya’s profits face tough local rivals

Kenya has attracted new banking entrants

MENA Banking Excellence Awards reveals retail, digital and SME winners

Banks from 11 countries recognised for excellence across retail, digital and SME banking

MENA Banking Excellence Awards reveals retail, digital and SME winners

Banks from 11 countries recognised for excellence across retail, digital and SME banking

Good news for Capitec, Standard Bank and FNB customers in South Africa

Under the new digital model, bank branches are able to integrate Smart ID processes into their own systems, instead of piggybacking on the DHA’s systems under the old process.

South Africa’s biggest retailer has increased employee pay by an average of R5,000 per year since 2016

This wage growth over the past nine years has outpaced inflation while the company continued to expand its workforce.

Outrage over Absa CEO’s R148 million payday

Fihla earned over R148 million for the 2025 financial year, which included R98 million in buyout awards, linked to unvested equity, which he forfeited when he left Standard Bank.

Zenith Bank and the new African economy

In three and a half decades, Zenith Bank, his brainchild and the bank in which Ovia CFR previously served as chairman, has been integral in Africa’s remarkable metamorphosis into a continent expected to anchor global growth in the coming decades.

Retail Banking