×

Warning

JUser: :_load: Unable to load user with ID: 754

Bank & Finance

Mar 09, 2016
The world of the wealthy is changing: women are becoming more active in managing family wealth, children are encouraged to get involved in family businesses at an earlier age, and…
Mar 07, 2016
Credit ratings agency Fitch downgraded South Africa's Barclays Africa Group, citing a lower likelihood of support from the bank's British parent as it sells down its stake. Barclays plc said…
Mar 01, 2016
Global banking group Barclays has announced that it will be selling down its stake in Barclays Africa Group Limited – trading as Absa in South Africa – in its financial…
Feb 29, 2016
Absa bank on Monday responded to reports of its imminent sale by Barclays bank, which owns 62.3% stake in the African group. The Financial Times reported on Friday that Barclays…
Feb 29, 2016
Does this mean if you own an account with one of Africa’s largest banks Barclays, then perhaps it is time to slowly withdraw your funds and transfer your savings to…
Feb 27, 2016
The African Development Bank Group (AfDB) will support Tanzania's economic transformation to inclusive and green growth with an indicative concessional resource assistance package estimated at over US $1.1 billion over…
Feb 25, 2016
Global ratings agency Moody’s has given Kenyan lenders a clean bill of financial health, just after two banks went under receivership. The study which assessed the overall stability of Kenya’s…
Feb 23, 2016
The African Export-Import Bank (Afreximbank) and the Central Bank of Egypt (CBE) have signed an agreement for a $500-million facility to help Egyptian importers alleviate temporary foreign currency availability constraints…
Feb 19, 2016
Nigeria’s Securities and Exchange Commission (SEC) and the Debt Management Office (DMO) have inaugurated a committee for the nation’s first sovereign “Sukuk”. Sukuk is an Islamic financial certificate, similar to…
Feb 17, 2016
Barclays Plc’s board will debate the future of its Africa business at meetings starting on Wednesday in London, with options including a sale of the entire stake, according to two…
Feb 16, 2016
Controversial Malawian Prophet currently based in South Africa, Shepherd Bushiri has said his bank and mobile service company will be opened in March this year. Shepherd Bushiri Bushiri disclosed this…
Feb 13, 2016
Record government spending and having to borrow to fund almost half of it spells trouble for investors in the bonds of Africa’s biggest oil producer. Nigeria’s naira debt has lost…
Feb 11, 2016
Investec Plc has the potential to make the best returns among South Africa’s largest banks after selling some assets in Australia and the U.K. and strengthening its wealth and investment…
Feb 10, 2016
Money transfer service WorldRemit has raised $45m in financing from TriplePoint Venture Growth BDC Corp. and Silicon Valley Bank. Pioneering a mobile-first approach to remittances, WorldRemit will use the funds…

  1. Opinions and Analysis

Calender

« November 2017 »
Mon Tue Wed Thu Fri Sat Sun
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30