04/05/2017
Nedbank in "good shape" to deal with South Africa credit downgrade
S&P cut South Africa's credit rating to junk status on Monday, saying the dismissal by Zuma of a respected finance minister heralded a damaging policy shift.
Investment Banking
04/05/2017
Atlas Mara quits Moza quest as Barclays joins the fray
Moçambique Capitais tried and failed to raise the cash before a deadline of 23 March, but may still compete with other bidders in this latest phase.
04/04/2017
World Bank plots $60bn war chest for Africa
Some of the money will be directed at regional initiatives, such as supporting refugees and their host communities.
03/31/2017
Will Barclays Sell Zimbabwe Unit to First Merchant Bank?
Hence, Barclays' decision to divest stake in it has attracted significant interest among local and foreign investors.
03/29/2017
Barclays in talks to sell Zimbabwe bank to Malawi's First Merchant Bank
Barclays Bank of Zimbabwe has a market capitalisation of US$60 million
03/28/2017
China-led AIIB gives Brazil and South Africa extra year to join
Two of multilateral lender’s biggest members missed deadline to ratify entry
03/22/2017
Mohamed El Kettani: “We want to contribute to the modernisation of capital markets in Cameroon”
Attijariwafa Bank, to make a modest contribution to the modernisation of capital markets in Cameroon
03/21/2017
Kenya signs $800 million syndicated loans to plug widening budget deficit
President Uhuru Kenyatta, who faces re-election in August, has raised Kenya’s borrowing since taking power in April 2013.
03/15/2017
Barclays Africa Debt Sale Misses Target as Banks Issue More
That compares with 2.15 billion rand of private placements at a spread of 400 basis points during the second half of last year
03/15/2017
Time to shift focus from savings and loans
The need to now shift the focus to the capital market and investment banking.
03/14/2017
Raising Funds for Non-bank Financial Institutions in Africa
In South Africa, the deepest and broadest market in Africa, NBFIs have been largely focused on borrowing from the domestic market.
03/14/2017
CBK signals end to licensing freeze with nod for Dubai bank
The moratorium stopped the issuing of new permits, excluding mergers, takeovers and acquisitions.
03/13/2017
Intra-Africa trade to boost economic growth: South African bank
Standard Bank also believes the continent should fight the negative perception which some potential investors have on Africa just like for other emerging markets.
03/10/2017
Another solid year’s performance from Nedbank Corporate & Investment Banking’s Property Finance
Nedbank Corporate and Investment Banking delivered another year of strong performance
03/08/2017
Revenue tumbles at SA’s six big banks
Banks struggled in countries where a low oil price had caused significant economic distress as well as where regulators had capped interest rates on loans
03/06/2017
Standard Bank ‘ready to fight forex claims’
The investigation by the Competition Commission, which sought to prosecute 18 global and local banks for collusion among their currency traders to fix prices on rand to dollar trades
03/02/2017
Standard Chartered Bank Ghana pre-tax profit up 279%
The effects of the above drivers resulted in increase of pre-tax profit by 279 per cent to GH¢346 million from GH¢91 million recorded in 2015
03/02/2017
BoN takes control of SME Bank assets…launches investigation into potentially dubious investments
It had become alarmed at what it deemed possibly questionable investments in South Africa amounting to between N$181 million and N$196 million.
02/27/2017
BMCE Capital Opens New Index for West African Economy and Monetary Union
The West African Economic and Monetary Union Bond Index is designed to calculate the performance of sovereign bonds on the UEMOA bond market.
02/27/2017
Barclays Africa, Barclays Plc agree terms of separation
The separation of the London based Barclays PLC from BAGL was first announced in March last year