Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
A roadmap has been developed for the implementation of the Bank of Ghana Gold Purchase Programme. Consequently, the Economic Management Team, the Bank of Ghana, Ministry of Lands and Natural …
Deutsche Bank AG is beefing up its investment banking team and services in South Africa as part of a plan to grow on the continent. The German lender has hired a …
Kigali Bank has booked Sh926million new customer deposits from Rwandans in diaspora within four months. The cash deposits were collected from existing and new customers following a successful marketing campaign …
German outdoor power tools manufacturer The Stihl Group is set to establish its East African hub in Kenya. The subsidiary dubbed Stihl East Africa will be servicing clients in Kenya, …
Standard Bank and its lawyers have come under fire from a Durban High Court judge for taking shortcuts in an application against a defaulting home owner. The bank sought default …
Hotel owners could soon face a hefty interest fee if they don’t repay the loan they secured from commercial banks as part of the stimulus package put forth by the …
Access Bank (Ghana) Plc, one of Ghana’s largest retail banks, has posted a growth of 43 percent in its Profit Before Tax (PBT) as compared to the same period in …
NOVA Merchant Bank Limited has announced the appointment of two independent non-executive directors and one non-executive director. In a statement, the bank said it has promoted about 20 per cent …
Investec, a bank that focuses on high-net-worth individuals in South Africa, will spend as much as £100,000 ($121,520) a year on each of its executive directors’ personal security as crime …
Capitec South Africa banking app, USSD, and internet banking have been offline since early on Thursday morning. The Bank says it is still working on returning its banking services online …
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