Sanlam said its associate company FBN Life Assurance had acquired 71.2% of Nigeria-listed short-term insurer Oasis Insurance for an undisclosed sum.
19 Feb 2014 13:25
Rand Merchant Bank (RMB) will jointly fund a major US$182m A-grade office development in Lagos‚ Nigeria‚ the bank said on Wednesday (4 December).
5 Dec 2013 10:17
Though FirstRand suffered some setbacks in its African growth strategy‚ it remains committed to growing its presence in the rest of the continent through greenfields operations or small acquisitions.
By Gillian Jones 11 Sep 2013 07:30
Telecommunications operator Blue Label Telecoms on Tuesday (20 August) reported a 3.6% rise in diluted headline earnings per share (HEPS)‚ to 63.19c for the year to May.
21 Aug 2013 08:23
Growing sophistication in African markets outside SA is creating demand for specialist consultants that bring together clients and communications agencies.
5 Aug 2013 10:08
The World Bank committed a record US$14.7bn in its fiscal year to June to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.
1 Aug 2013 09:45
Stanlib is planning to open its Stanlib Africa Direct Property Development Fund in May or June, as it seeks to capitalise on Africa's growing retail sector.
26 Mar 2013 08:23
Research in northern Ghana funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication) showed that mobile money can help foster a savings culture and address financial exclusion.
By Helmo Preuss 27 Feb 2013 07:33
Fundamo, a Visa Inc. company and a global specialist mobile financial service provider, have reported accelerated growth of mobile financial services in Africa. In 2012, Fundamo has launched three new services - FirstMonie with First Bank Nigeria and Celpay with Celpay International in Uganda and Zimbabwe.
13 Nov 2012 10:50
SBV Services, who has been providing its cash operations services to the Nigerian market for over five years, is also active in Lesotho with plans being afoot to extend its footprint further into Africa, including Uganda and Namibia.
10 Jul 2012 09:27
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