05/26/2021
Ultimately, the ratio of credit to the economy is very low in Africa, averaging less than 30 per cent of gross domestic product, compared with over 135 per cent in regions such as East Asia and the Pacific region.
05/25/2021
The most common sources of loans were mobile apps (26 percent), commercial banks (23 percent), saccos (14 percent) and chamas (10 percent).
05/21/2021
Orji, 51, has more than two decades of experience in international banking, with an MBA from Harvard Business School.
05/21/2021
Tangible net asset value per share increased by 12.7% to 425.7 pence.
05/21/2021
Sanlam Investments moved quickly in 2020, investing R2.25bn of Sanlam capital to seed the three Investors' Legacy Range funds which aim to preserve and create jobs and reignite economic growth.
05/19/2021
As published in the India Business Standard
05/19/2021
This will see employers pay at least Sh25 billion to NHIF, a hit to firms that are yet to recover from coronavirus-induced slump, which triggered job cuts, hiring freezes and business closures.
05/18/2021
Portfolio rebalancing is when investors sell or buy different asset classes to achieve a desired overall asset allocation of their money based on risk appetite.
05/18/2021
The Tanzanian subsidiary reported a pre-tax loss of Sh426 million in the year ended December, widening it from Sh411 million a year earlier.
05/18/2021
As trusted on the ground partners and an African diversified bank of significant stature, with the global connectivity to deliver Africa, Absa Group’s focus for the collaboration will centre on furthering local financial solutions in African markets
05/18/2021
“S&P Global Ratings and Fitch Ratings will be reluctant to move a country with reasonably solid institutional governance and deep local financial markets below the psychological hurdle of a B rating.
05/14/2021
The growth was achieved despite a $150 million withdrawal from the Stabilization Fund by the Federal Government of Nigeria.
05/14/2021
The Sanlam Gauge, presented in partnership with the Sunday Times Business Times, reports on transformation in SA industries
05/13/2021
“This makes a case for about 20-25 banks,” he says.
05/11/2021
The acquirer and the target will each maintain the terms agreed with the borrowers in respect of all loans existing in their loan books at the time of the acquisition,”
05/11/2021
“The group has made an offer to the remaining shareholders of BPR for the acquisition of the remaining stock at the same terms as Atlas Mara's to raise its ownership to 100 percent,” KCB says in its latest annual report.
05/11/2021
Issue could prevent firm fulfilling social-development goals
05/07/2021
Financial institutions in Mauritius generally perform a Periodic KYC exercise
05/07/2021
Formally completed in April 2020, the premises includes comprise 42 500m² of quality workspace, which will consolidate Deloitte’s current Woodmead and Pretoria offices in a single central location.
05/06/2021
Several innovations and expansion plans by Access Bank has lead to uptick in its performance in the full year 2020 financial results.