08/14/2013
Old Mutual dominates mass market
The mass new recurring premiums of R1,36bn are now almost double the sales of the predominantly white retail affluent cluster.
Alternative Investments
08/14/2013
Investec Lured by Nigerian Banks as South African Premium Closes
igerian lenders are extending a second year of gains after a debt crisis in 2008 and 2009
08/12/2013
Rivalry between Sanlam, Old Mutual continues
Choosing between Old Mutual’s Julian Roberts and Sanlam’s Johan van Zyl to run a new insurance company would be a tough choice to make for any selection committee.
08/12/2013
World Bank Group opens new Office in Central Accra
Ushering in Era of Improved Service and Commitment
08/12/2013
CfC rebrands to SBG Securities
CfC Stanbic Financial Services, a wholly owned subsidiary of CfC Stanbic Holdings Ltd, has rebranded to SBG Securities.
08/08/2013
VTB Africa hopes for businesses between Angolans, Russians
All information provided at the said forum will lead to the creation of a clear idea of the Angola can offer to investors
08/04/2013
African Bank to sell Ellerines, raise R4bn to boost capital
South Africa's largest provider of unsecured loans, plans to raise as much as R4-billion in equity to strengthen its balance sheet after an increase in bad debts.
08/03/2013
Sleepy Cape insurer Sanlam turns into financial giant
In the past decade, Sanlam has been revitalised under the leadership of Dr Johan van Zyl to become a company that has outperformed some of its major rivals by notching up shareholder returns of about 25% a year
08/01/2013
Nedbank Corporate Property Finance provides R144m for upmarket retail development in Waterfall
Atterbury has a well established history of successfully developing and managing A-grade properties that generate quality rental incomes and sustainable capital growth for its shareholders.
07/31/2013
New insurance business buoys South Africa's Liberty H1 profit
New insurance business increased 11.8 percent to 3.1 bln rand while total assets under management grew by nearly 17 percent to 566 billion rand.
07/31/2013
Nigerian Banks’ Eurobond chase hits $1.45bn
Nigerian banks’ issuance of Eurobond has hit $1.45 billion in the past two years
07/30/2013
Dubai's Abraaj Group sells stake in Ghana's HFC Bank
Dubai private equity firm Abraaj Group sold its stake in Ghana's HFC Bank to independent Caribbean bank Republic Bank Ltd
07/30/2013
Ghana To List Eurobond On Local Exchange
Ghana will list the second Eurobond it secured this week on the country’s local bourse next month, says the chairman of the governing council of the Ghana Stock Exchange, Dr Sam Mensah.
07/29/2013
ICBC May Complete Standard Bank London Deal This Year, Sky Says
South African bank’s largest shareholder and other Chinese lenders are expanding abroad
07/29/2013
Mauritius: PTA Bank sets up regional office
The Common Market for the Eastern and Southern Africa Trade and Development Bank
07/27/2013
IFC invests in Activa to support increased access to insurance in West and Central Africa
IFC, a member of the World Bank Group, is investing $6 million in Activa, an insurance group operating in Cameroon, Ghana, and other countries in the region, to help increase access to insurance for farmers, smaller businesses, and lower-income individual
07/25/2013
Best fund manager in SA
Coronation ranked as the leading unit trust management company for the third consecutive quarter at the end of June 2013, achieving an overall rating of 4.657 PlexCrowns out of a maximum of five.
07/25/2013
Stanlib’s trump for Africa is engineering its own exit
Stanlib’s pilot African property development fund that launched in May has expanded its core focus from Nigeria and Kenya to also include Ghana and Uganda
07/23/2013
Investec Bank Loaned 240 Million Rand to Company in Liquidation
Investec Plc , the owner of a bank and a money manager in South Africa and the U.K., said it loaned about 240 million rand ($24.8 million) to Johannesburg-based First Strut Ltd., which is in liquidation.
07/23/2013
Nigeria Banks Drop as Central Bank Tightens Policy: Lagos Mover
Nigeria’s banking index fell the most in a month after the central bank tightened monetary policy by increasing reserve requirements, damping the outlook for lenders’ margins.