Standard Bank Group, Africa’s largest lender by assets, says it has appointed Nonkululeko Nyembezi as chair-designate of the group and the Standard Bank of South Africa, with effect from 1.
Like other countries across the globe, the COVID-19 pandemic disrupted the economic growth of Burundi and affected the balance of payment. In this exclusive interview with the African Leadership Magazine.
Ethiopia received a massive boost to rebuild from the Tigray war after the World Bank agreed to disburse $300 million targeted at local communities whose lives have been destroyed. The.
Mr. Innocent C. Ike is currently the Managing Director/CEO of Polaris Bank Limited, where he leads the Bank through a corporate transformation journey of becoming the leading digitally-enabled retail Bank.
Egypt and Kuwait have agreed to collaborate on the construction of a train connecting Egypt and Sudan. The $2.5 million deal was inked by Egypt’s Ministry of International Cooperation and.
Nigerian regulators have given South African telecommunications giant, MTN, the go-ahead to run a conventional commercial bank. The telco disclosed this in a notice to the investing public through the.
COVID-19’s economic impacts have contributed to a sharp rise in defaults of corporate and household debt that is eroding the asset quality of banks across countries.
French logistics group, Bollore has agreed to sell its African operations to the Mediterranean Shipping Company, MSC, container shipping company for $6.3 billion. Bollore said that the deal, which is.
Ghana’s parliament approved a new 1.5% tax on electronic payments, known as the “e-levy,” amidst opposition protest.
By Omowumi Odesomi Ponzi Scheme – a financial model of paying off old investors with new ones, remains one of the go-to crimes for erudite swindlers, particularly in places like.
