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Bank & Finance

Feb 15, 2015
Mobile money providers will earn an estimated USD 1.5 billion in fees from such things as bill payments and sending money to relatives in sub-Saharan Africa by 2019, according to…
Feb 11, 2015
The European Investment Bank (EIB) and the Eastern and Southern African Trade and Development Bank, or the PTA Bank on Tuesday launched a 160 million-euro lending program to support investment…
Feb 10, 2015
While most regions in Africa are recording significant uptake of mobile money, the West African region is lagging behind, according to a new report. East Africa in particular has recorded…
Feb 05, 2015
 MoneyGram (NASDAQ: MGI), a leading global money transfer company, announces today that its agent network in Africa has now reached 25,000 locations, following a strategic expansion initiative across the continent.…
Feb 03, 2015
QNB has been confirmed as the most valuable banking brand in the Middle East and Africa, according to the annual survey carried out by Brand Finance and published by The…
Feb 02, 2015
Standard Bank Group Limited (SBG) announced today in a stock exchange release that it had signed the closing documents with Industrial and Commercial Bank of China Limited (ICBC) to cement…
Feb 01, 2015
President Jacob Zuma says African institutions need independent funding by Africans to avoid being dictated to by foreign donors. He was speaking to the SABC at the end of the…
Jan 29, 2015
The Monetary Policy Committee left the repurchase rate at 5.75 percent in a unanimous decision, Governor Lesetja Kganyago told reporters in the capital, Pretoria, on Thursday. That matched the forecasts…
Jan 28, 2015
Leading Nigerian banking group, United Bank for Africa (UBA), has expanded into southern Africa with the opening of new branches in Angola and South Africa. United Bank for Africa (UBA)…
Jan 26, 2015
African pension funds with growing asset bases, due to rising incomes, will need to look beyond traditional asset classes to diversify their portfolios. Given private equity’s long-term nature – the…
Dec 28, 2014
Zimbabwe — Coins introduced by Zimbabwe's Reserve Bank earlier this month are receiving a cold reception from locals who are fearful this could be the first step to replacing the…
Nov 21, 2014
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Nov 21, 2014
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Nov 21, 2014
By Spencer Bogart | July 29, 2014 Chart courtesy of StockCharts.com It’s no secret that bond inventories have been declining precipitously at the nation’s largest broker-dealers: The SEC released a…

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