Nigerian banks allowed to accept banking shares as collateral Published by Staff Writer on 28 April 2010 The Central Bank of Nigeria has stated that the country’s banks are allowed to accept banking shares as collateral for lending.
Sanlam enters Ugandan market Published by Staff Writer on 22 April 2010 South African financial services group, Sanlam, yesterday launched a life insurance business in Uganda, a country it believes has excellent growth potential.
Imara buys stake in Zambian stock brokering firm Published by Staff Writer on 15 April 2010 Imara Holdings, the Botswana registered financial services group and Lusaka-based Stockbrokers Zambia Limited today announced the conclusion of a transaction which sees Imara take a 25% stake in the Zambian company.
Significant changes coming to Nigeria’s banking landscape Published by Staff Writer on 12 April 2010 The Central Bank of Nigeria on Thursday published a draft document of proposed changes to the current “Universal Banking Policy”.
Nedbank focusing on Southern Africa Published by Staff Writer on 26 February 2010 South Africa-based bank, Nedbank, is mainly concentrating on the South African and Southern Africa Development Community (SADC) markets.
Mauritian bank announces SA expansion drive Published by Staff Writer on 25 February 2010 Mauritius-registered AfrAsia Bank today announced the start of an African regional expansion drive, with initial focus on South Africa.