Bank & Finance

Jul 09, 2018
Sterling Bank Plc, recently declared as a Great Place To Work, has decalred work-free day for all its employees across the country. The decision, according to the bank, was in…
Jul 08, 2018
SBV is offering a R1 million reward for information on a cash-in-transit heist that left two guards dead in Tsolo, Eastern Cape, on Friday. It said in a statement that…
Jul 07, 2018
Nearly ten years ago the Central Bank of Nigeria conducted a deep assessment of the country’s banks. The 2009 exercise exposed large-scale fraud committed by a number of CEOs. To…
Jul 06, 2018
Governor of the Reserve Bank of Zimbabwe John Mangudya said that there were no plans to re-introduce local currency as purported in messages being posted on social media. A letter…
Jul 06, 2018
Absa is relaunching its brand next week. Last week it applied for new trademarks.This is it's new (if still officially unconfirmed) logo – though we still don't know what it…
Jul 03, 2018
The South African Reserve Bank has written to the National Credit Regulator requesting a probe into loan-origination fees charged by Capitec Bank Holdings Ltd., according to a person familiar with…
Jul 03, 2018
Regional Head, Middle East and Africa, WorldRemit, Andrew Stewart, has said that its company is committed to ensuring that money transfer is seamless, secure, efficient and cost effective.   This…
Jul 02, 2018
Atlas Mara Limited is inching closer to the takeover of Union Bank of Nigeria, as the company affirmed an agreement to acquire additional shares that will take their shareholding to…
Jun 30, 2018
Consumer watchdog Summit has withdrawn all assisted and initiated court and National Credit Regulator (NCR) cases it brought against Capitec.   The principle contention in these cases was against Capitec's…
Jun 29, 2018
The Federal Government of Nigeria received N3.211 trillion as Petroleum Profits Tax (PPT) and Royalties from the third quarter of 2015 to third quarter of 2017, according to the Economic Report…
Jun 27, 2018
JOHANNESBURG - Old Mutual Plc returned to its South African roots on Tuesday when it listed its $11 billion African financial services business in Johannesburg, a move which largely completes a…
Jun 25, 2018
The SA Bureau of Standards (SABS) has been strongly criticised by business, which says the entity is losing the country at least R4 billion a year in exports in the…
Jun 25, 2018
Bitcoin dropped to the lowest level this year as pressure mounts on the embryonic digital-currency sector, with global central bankers raising questions of viability and government regulators increasing scrutiny.  …
Jun 25, 2018
I&E Window transacts $900m, as reserves stagnate at $47.6 billionThere was near excess in the quantity of money in circulation last week, save for the increased mop up exercise by…

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