Managers of Wealth Africa

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.

Good news for Standard Bank customers in South Africa

The bank added that the domestic backdrop has continued to be supported by ongoing structural reform momentum

Africa’s banking giants are converging on Kenya as battle for East Africa intensifies

South African lenders are increasingly looking beyond their home market in search of faster-growing economies, larger customer bases and new opportunities linked to trade, infrastructure development and digital finance. Kenya has become one of the biggest

Why Absa Is Doubling Down on Kenya's Banking Future

As Kenya's banking sector prepares for consolidation and tougher capital rules, Absa is increasing its exposure to one of the group's fastest-evolving businesses.

African Development Bank Group approves $100 million to support BIDC’s activities in West Africa region

With this investment the Bank Group becomes the first development finance institution to acquire a stake in the BIDC and secure a Boardseat.

Nigeria’s current account surplus surges by 256% to $4.98 billion in Q1 2026

The CBN’s Balance of Payments Highlights for Q1 2026 showed that the improvement was supported by a stronger goods account surplus, which rose to $5.95 billion from $1.77 billion in the preceding quarter.

Africa’s biggest bank prepares takeover push in East Africa’s most important banking market

The ambition comes as East Africa emerges as one of Africa’s most attractive banking markets, drawing increasing interest from regional lenders looking for growth opportunities beyond their home markets.

South Africa’s immigration tensions put MTN, Standard Bank and other African giants at risk

Millions of subscribers across West Africa, East Africa and Southern Africa now account for a significant share of the company's growth story.

FirstBank hits N1bn daily disbursement on FirstAdvance

The bank, in a statement, said that the feat underscores its commitment to delivering innovative, accessible, technology-driven financial service solutions to its customers.

South Africa’s Standard Bank eyes Kenya growth

The target is likely to sharpen competition in Kenya’s already crowded banking market,

After Acquiring 20 Banks in 4 Years, Access Holdings Wants to Compete With Africa's Biggest Bank

Access Holdings Chairman Aigboje Aig-Imoukhuede says the company has completed its major acquisition and expansion phase across Africa

Banks earn N225bn from ATM, e-banking charges

A breakdown showed that income from electronic banking and e-business activities increased by 11.57 per cent to N177.97bn from N159.52bn recorded a year earlier.

Zimbabwe seeking $150m AfDB loan to tackle debt default

As part of efforts to clear billions of dollars of debt arrears, Finance Minister Mthuli Ncube said.

Retail Banking