08/19/2015
Zimbabwe’s bid to join the African Trade Insurance Agency (ATI) has received a major boost after the African Development Bank (AfDB) chipped in with $4 million of the money required to get registration, Finance minister Patrick Chinamasa has said.
08/17/2015
Equity Bank and Kenya Commercial Bank Group, Kenya’s biggest lenders by depositors and assets respectively, recorded double-digit profit growth for the period
08/17/2015
Standard Bank’s sale of a majority stake in its London-based global markets business to the Industrial and Commercial Bank of China in February boosted headline earnings by 27 percent to R10.5 billion for the six months to June, enabling it to focus
08/11/2015
South Africa’s fourth-largest insurer, Liberty Life, intends challenging Old Mutual in the rest of Africa as it announced last week that it had boosted its acquisition war chest on the continent to R1.3 billion.
07/27/2015
The NDB is to be headed by a rotating five-year term leadership with the first president, Kundapur Vaman Kamath, coming from India.