03/08/2021
The funds will go towards strengthening the risk-based supervision framework, regulation of derivatives and green bonds, and build capacity for green finance
03/08/2021
South Africa is the hardest hit country in terms of infections and deaths across the African continent, with 1.5 million cases and just over 50,000 deaths.
03/08/2021
The AFAWA Guarantee for Growth program targets financial institutions to increase their appetite to lend to women who are known to be better payers
03/07/2021
Stanbic increased loan provisioning by 64.7 per cent to Sh4.3 billion in the wake of the virus crisis that saw massive layoffs, pay cuts and companies’ declined revenues, hurting borrowers’ ability to repay.
03/04/2021
The firm would most probably have been better run, more conservative in its risk taking and would have avoided massive gambles on products it didn’t understand.
03/04/2021
The death has been announced of Seyi Bickersteth, a former chairman of Diamond Bank Board of Directors.
03/04/2021
The Johannesburg-based lender has brought its dividend cover to the bottom end of its long-term range of 1.8 to 2.2 times, according to a statement on Thursday.
03/04/2021
The SARB said that most of unbanked South Africans have no immediate need for a card that can be used overseas.
03/04/2021
The six months saw strong momentum in FNB’s digital platform strategy, with a record 6 million digitally active customers and the transacting base on the FNB App exceeded 3.9 million for the first time.
03/03/2021
Bank customers are unwittingly giving their login details and information to unauthenticated third-parties
03/01/2021
This is another way Absa is finding innovative ways of doing business with our customers in mind.
03/01/2021
The analysts explained that the upgrade to their forecast underpined the 12 per cent upward revision to our 2021 FY earnings per share (EPS) forecast.
02/26/2021
The group was made up of experts from finance ministries, attorney-generals’ chambers, central banks, the EADB itself and ministries responsible for EAC Affairs.
02/26/2021
Ecobank Nigeria is the largest single-country operation of the Ecobank Group, which operates in 33 African countries.
02/25/2021
Standard Bank Group has been a pioneer in leveraging blockchain and distributed ledger technologies to bring speed and transparency to its large and growing customer base across Africa.
02/25/2021
This initiative would have a direct impact into the economy because it is targeted at the medium scale businesses and these are the businesses that can change economies in terms of reducing employment rate and socioeconomic levels.”
02/25/2021
The Africa Investment Forum was working to promote content deals as well as digital infrastructure projects to advance creative industries, including support to smaller players
02/25/2021
In the last year our brand pushed boundaries in adding value to customers’ lives in a time of uncertainty
02/25/2021
Following early teething problems, the group said that the IT systems are managing the growing customer and transactional volumes well and proved very stable over the 2020 year-end period, maintaining a systems uptime of >99.9%.
02/24/2021
Oshin noted that agricultural enterprises could access overdraft to finance their short-term cash flow and working capital needs.