Managers of Wealth Africa

KCB Ranked The Safest Bank In Africa

KCB restructured facilities worth over KShs.120 billion in debt-relief measures

GTCO records 42% profit margin, highest among banks

The addition of net interest income and non-interest income gives the total revenue a bank generated in a specific period.

Pan African Payments and Settlements Platform – an important enabler of trade

The Pan African Payments and Settlements Platform, which officially launched in late September, will revolutionise cross-border payments in Africa.

Nigerian Payment System Attracts $500m Investment in 5 Years

He said due to the lockdowns associated with the management of the COVID-19 pandemic, financial traffic to digital platforms increased significantly in 2020.

Ecobank Retains ‘Best Retail Bank in Nigeria’ Award

Ecobank’s platform is unique for all types of retail transactions, especially account opening, bills payment, airtime purchase and third party transfers.

Southern Africa’s Top Banks in 2021

Despite the country's problems with long-term growth and the pandemic, South Africa’s ‘big four’ banks still dominate the top rankings in our annual survey of Africa's Top 100 Banks.

What to expect from FNB over the next few months

The lender’s goal involves enabling both the individual end-user and merchants through an integrated ecosystem, said Raj Makanjee, FNB Retail CEO.

TymeBank customers will now be able to use bank kiosks in TFG stores like Jet and Foschini

TFG Customers will also be able to shop and transact concurrently.

Access Bank: Strengthening for the Future

The commercial bank with presence in 11 African countries, Europe, Middle East and Asia, announced the fresh capital raising in a statement that was signed by its Company Secretary, Sunday Ekwochi.

Nedbank to offer credit cards to low-income earners

Many of these people will now have the opportunity to get a credit card for the first time

TymeBank to launch 600 new kiosks and other banking services in Foschini stores

The kiosk, TymeBank app, and other digital interfaces will give TFG customers access to services such as electricity payments, money transfer, and savings products, thereby allowing customers to shop and transact simultaneously.

Banks told to keep pace with changes

“The alliance aims at promoting internationally acceptable standards of knowledge, skills, competences and conduct in the banking industry across Africa,” said the executive director.

Capitec is fast outgrowing its older siblings, and it's coming for high earners next

"It's quite scary how the brand has been accepted and how the brand is growing - if you add six million clients over a four-year period, I think it's an incredible achievement," he said during the presentation of the bank's financ

Capitec reports continued recovery on expanded digital offerings and strong customer growth

“It is the directors’ intention to declare 50% of headline earnings for the 2022 financial year as dividends for the year,”

We are very pro-vaccination, says Capitec chief executive

The bank said it viewed the challenging socio-economic climate as an opportunity to assist clients by enhancing its digital offering.

Nigerian Access Bank issue $1bln worth of Eurobonds

For the first transaction, Access Bank received an interest rate of 6.125% for a maturity of 5 years.

Nedbank Group chairman passes away

He has always been considered a pioneer in his field

Access Bank chairman blames mismanagement for poor state of economy

“In Nigeria, the two most recent recessions occurred in the year 2016 (which we quickly got out of) and 2020. While the 2016 recession was localized, the 2020 was global in nature.

Ecobank Introduces Hybrid Business Account for Entrepreneurs

Some of the benefits of the Business Account package include access to EcobankPay- NQR code-based payment method for seamless sales collections and OmniLite- the web-based payment platform for small businesses.

Customer Deposits On Kenyan Banks Rose 8.9 Pc In 2020 – Deloitte

The report, however, noted that gross loans and advances remained low compared to the growth in customer deposits.

Retail Banking