Banking

Business: Finger points for banking investigation at Standard BankBusiness: Finger points for banking investigation at Standard Bank

Business: Finger points for banking investigation at Standard Bank

The escalating probe into the banking enterprise has fingered one of the country’s biggest banks as being part of a…

September 25, 2020
NEWS: Angola takes ownership of properties related to Carlos Sao VicenteNEWS: Angola takes ownership of properties related to Carlos Sao Vicente

NEWS: Angola takes ownership of properties related to Carlos Sao Vicente

Angola’s legal professional common has seized structures and motels belonging to AAA, a organization related with Carlos Manuel de São…

September 11, 2020
NEWS: African Banks Under Pressure to speed up Digital TransformationNEWS: African Banks Under Pressure to speed up Digital Transformation

NEWS: African Banks Under Pressure to speed up Digital Transformation

The spread of the Covid-19 pandemic across Africa has considered a surge in digital payments and e-commerce transactions as economic…

August 19, 2020
NEWS: Central Bank of Morocco Reported 9,575 counterfeit banknotes in 2019NEWS: Central Bank of Morocco Reported 9,575 counterfeit banknotes in 2019

NEWS: Central Bank of Morocco Reported 9,575 counterfeit banknotes in 2019

Morocco’s central bank, Bank Al Maghrib (BAM), recognized 9,575 counterfeit banknotes in 2019, worth MAD 1.5 million ($161,000). The number of counterfeit banknotes…

August 3, 2020
Standard Bank: We will not let climate groups dictate how the bank is runStandard Bank: We will not let climate groups dictate how the bank is run

Standard Bank: We will not let climate groups dictate how the bank is run

Standard Bank, which has come under fire for continuing to fund new fossil fuel projects on the continent, says it…

July 5, 2020
Business: Standard Bank sheds 5% on flagged profit declineBusiness: Standard Bank sheds 5% on flagged profit decline

Business: Standard Bank sheds 5% on flagged profit decline

The Standard Bank Group share price declined by more than 5 percent on the JSE on Monday after the group…

June 2, 2020
Kenya: High loan provision eats into banks’ Q1 profitsKenya: High loan provision eats into banks’ Q1 profits

Kenya: High loan provision eats into banks’ Q1 profits

High forward-looking loan provision in the wake of Coronavirus dent banks’ profits in the first three months of the year.…

May 25, 2020
Zimbabwe: RBZ tightens reins on mobile moneyZimbabwe: RBZ tightens reins on mobile money

Zimbabwe: RBZ tightens reins on mobile money

The Reserve Bank of Zimbabwe (RBZ) introduced more measures yesterday affecting EcoCash agents as part of what is now seen…

May 23, 2020