Managers of Wealth Africa

South African bank rated best in the world

South Africa's Capitec Bank has been ranked the best in the world, according to international banking advisory group Lafferty, in its inaugural Bank Quality Rankings.

Barclays Africa sale savaged by big investor

The latest strategy update sees the painful, stop-start transformation from highly profitable retail caterpillar to swashbuckling, capital-destroying investment banking...

JPMorgan Said to Assist Barclays on Sale of Africa Assets

Barclays has sold assets, slashed about 6,000 jobs in the last four months and cut dividends

Black-owned Barclays Africa is just a pipe dream

As an astute investor, Barclays will ask for a premium from potential bidders, who will have to dig deeper into their pockets if they are to walk away with the prized stake, either in full or half.

Being ditched by UK bank may be just what Absa needs

Absa recently faced a ratings downgrade from Fitch.

Barclays Braces for Tough Sell as It Looks to Unload Big Stake in Africa Business

In interview, CEO of Barclays Africa says group won’t break up and sell individual assets

Bob Diamond's alleged bid for Barclays' Africa ops shows what a big mistake it was to let him quit

It's pretty sweet revenge for Diamond as the deal would mean snapping up one of his old employers' most profitable assets

Barclays’ African sale shows decline of universal banking model

Barclays announced last week that it intends to sell its African operations.

Barclays to get new owners

Change in Group shareholders won’t affect Barclays operations in Uganda

Former Barclays Chief Bob Diamond eyes Barclays Africa assets

Bob Diamond, the forceful former Barclays chief executive, is approaching investors to back a takeover bid for a swath of the UK bank’s African empire that he helped to construct.ccc

High expectations as BRICS New Development Bank to open African branch

The bank is expected to fund infrastructural deficit and help address global economic governance

Nedbank seeks control of Mozambican lender

He expects the deal to close in the first half of this year.

Barclays launches agency banking

The deal signed yesterday will enable Barclays customers conduct transactions such as withdrawals

Standard Bank wins prestigious international awards

The annual risk awards ceremony identifies best practice in the risk management and derivatives markets.

Africa: Barclays 'Will Not Pull Out of Tanzania'

Barclays Tanzania Managing Director Kihara Maina told journalists that the bank operations in Africa would remain intact and maintain the same expansion strategy.

Barclays' parting shot

The London bank said yesterday that it would sell down its 62% stake in Johannesburg-based Barclays Africa over the next two to three years.

Gulf Capital Expands To Sub-Saharan Africa Through Exclusive Partnership With Serengeti Capital

Through this exclusive partnership, Serengeti Capital will be advising on credit and mezzanine investment opportunities in Sub-Saharan Africa

GTB MD foresees brighter and stronger future in Gambia’s banking sector

The GTB MD was delivering a speech on behalf of the president of the Gambia Bankers Association

Africa understands global risk trends, says Standard Bank

The group, which operates as Stanbic in Zambia, has also forecast that Africa’s growth will linger in the range of four and five percent.

Diamond Bank mobile app users hit 1m

With this development, twenty eight lucky customers were rewarded for downloading, registering and using the Diamond mobile app last December.

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