07/31/2014
Higher growth in costs in the half-year to June 30 reflected investment in Barclays Africa’s four-pronged strategy on which it had made strong progress, according to group chief executive Maria Ramos.
07/30/2014
For Banco Espírito Santo, Questions Over Angolan Subsidiary
07/30/2014
Barclays Africa is spending money to refurbish branches
07/30/2014
President Jacob Zuma has promised radical economic transformation over the next five years to create jobs and spread wealth to the black majority
07/28/2014
The trouble is the New Development Bank, as it will be branded, will have to spend some of its capital on getting itself off the ground
07/22/2014
The Group intends to boost its efficiency in all business areas, having established its pan-African footprint across 35 countries in Africa with international offices in Paris, London, Dubai and Beijing.
07/18/2014
Ecobank Capital’s entry into Kenya follows its acquisition of the investment advisor Iroko Securities Kenya Limited in July 2013
07/18/2014
President Jacob Zuma returned from the sixth Brics summit in Brazil yesterday and hailed the establishment of the bloc’s new development bank as “an everlasting legacy that will change the face of global economics and the face of all the devel
07/17/2014
In a sign of Africa's growing confidence in India's investment potential to boost its growing economy, Ethiopia has sought that the Indian banking system engage with this East African nation's financial sector despite its banking sector bei
07/16/2014
The awards ceremony, held at London’s Natural History Museum on Thursday, 10 July, follows recent recognition as ‘Best Bank in Cash Management’ by Euromoney in 2010 and ‘Best Bank in Ghana’ by The Banker in 2012.
07/15/2014
Fees from arranging bond sales, at $2.3 billion, were up 40% year on year
07/15/2014
Ecobank Group, the pan-African giant lender, has received regulatory green light from the Capital Markets Authority to run investment banking business in Kenya.
07/14/2014
The leaders of BRICS countries -- Brazil, Russia, India, China and South Africa -- are due to hold a summit in Brazil next week where they are expected to sign a deal to create the bank.
07/13/2014
South Africa is lobbying hard for the envisaged BRICS Development Bank’s headquarters to be based in Johannesburg.
07/11/2014
Anybody who says there’s been a decision up to now…they’re simply speculating about the location
07/09/2014
Brazil, Russia, India, China and South Africa to Decide on Bank Creation at Summit in Mid-July
07/06/2014
The BRICS summit will be held in Brazilian cities of Fortaleza and Brasilia on July 15-16.“The leaders of the BRICS states will discuss issues on political agenda and global management problems.
07/06/2014
The other component of African Bank is its furniture retail arm, Ellerines. Steinhoff is thought to be best placed to buy that company.
07/03/2014
The choice of city is expected to be made at the leaders’ summit in Brazil on July 15, but Shanghai is seen by analysts as the firm favorite, says the Financial Times.
07/02/2014
But the change to the score means the agency has revised what it calls its "anchor" for banks operating only in SA to BBB- from BBB