November 21

  • Kenya: NIC Net Profit Up 18 Percent in Nine Months

    The Star

    MID-TIER lender, NIC Group, has reported an 18.1 per cent growth in post tax income to Sh3.33 billion in the nine-month period to end-September compared with Sh2.82 billion in the... Read more »

  • Kenya: Nduati Loosens Hold On Resolution Insurance With Major Stake Sale

    The Star

    RESOLUTION Insurance Group founder and chief executive Peter Nduati has ceded majority stake of the firm to equity investor LeapFrog Investments, which now owns 60 per cent of the... Read more »

  • Kenya: Inbound Insurance Covers Overpowered By Advisories, Say Hoteliers

    The Star

    AN insurance cover initiated in August by tourism industry parties at the Coast has not been as effective as expected. Read more »

  • Tanzania: Bank Vows More Support to Farmers

    Daily News

    THE government has commended Covenant Bank for its commitment to support dairy farmers in the country. Speaking in Dar es Salaam, Minister for Livestock and Fisheries Development,... Read more »

  • Zimbabwe: RBZ Focuses On Rescuing Struggling Banks

    Zimbabwe Independent

    THE Reserve Bank of Zimbabwe (RBZ) is working on modalities to resuscitate insolvent banks within the period of one year , the central bank governor has said. Read more »

  • Liberia: UBA Gives Additional U.S.$300,000 to Fight Ebola

    Inquirer

    As the fight against the vicious Ebola virus disease gains momentum in Liberia, the United Bank for Africa has made additional donation of US$300,000 to the Government of Liberia... Read more »

  • Angola: BNA Governor Defends Alternative Fund Sources

    ANGOP

    The commercial banks in their brokering and financing role have regulation imposed limitations associated with the application of resources pertaining to their customers. Read more »

  • Zimbabwe: Top Banks Win Awards

    Zimbabwe Independent

    CABS, CBZ Bank, Barclays, Stanbic, and Standard Chartered Bank emerged as the 2014 top five banks in the banks and banking survey hosted by the Zimbabwe Independent. Read more »

  • Egypt: CBE Governor Vows More Measures to Eliminate Black Market

    Egypt Online

    Governor of the Central Bank of Egypt (CBE) Hisham Ramez pledged on Thursday 20/11/2014 to take technical measures to eliminate the black market of the U.S. dollar during the... Read more »

  • Liberia: UBA Gives Additional U.S.$300k to Help Eradicate Ebola

    Observer

    In fulfillment of a promise made to government and in furtherance of its corporate social responsibility to the country, the United Bank of Africa (UBA) Liberia has donated an... Read more »

  • Namibia: FNB Fraud Suspects in Court

    New Era

    Two former FNB employees made their second appearance in the Rundu Magistrate's Court on Wednesday on charges related to the alleged fraud of N$2 million of state funds, following... Read more »

  • Nigeria: Maritime Microfinance Bank Gets CBN Nod to Start Operations

    This Day

    Nigeria's apex bank, Central Bank of Nigeria (CBN) has given nod to a Maritime Microfinance Bank (MMB) to start operation next month. Described as the first financial institution... Read more »

  • Nigeria: Ecobank Nigeria Introduces Outbound Money Transfer Service

    This Day

    Ecobank Nigeria Limited has gone into a partnership with Western Union to offer outbound money transfer service in the country. The newly launched service allows Nigerians to send... Read more »

  • Nigeria: Bank Directors Seek Increased Remuneration

    This Day

    The Bank Directors Association of Nigeria (BDAN) has highlighted the need for increased remuneration for their members in view of the role they play in the banking sector. Read more »



November 20

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