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Innovation doesn't have to be disruptive

It is clear that technology is changing the landscape of financial services in rural Africa, says KPMG...

8 Aug 2017

Nigeria's central bank halts dollar sales to bureaux de change

Nigeria's central bank announced it was stopping the direct sale of US dollars to bureaux de change to protect the under-pressure naira...

13 Jan 2016

WesBank extends reach to Nigeria

WesBank, the provider of secured finance to the retail and corporate markets, and the National Automotive Council (NAC) of Nigeria have signed a memorandum of understanding whereby WesBank will offer its services to clients. The agreement aims to stimulate the sale of locally assembled vehicles in Nigeria.

21 Oct 2014

Could Africa become like China?

Africa's changing demographic over the next three-and-a-half decades could transform the continent into the next China, but only if its youthful population is educated and entrepreneurial.

By Jana Marais 19 Aug 2014

SA Taxi's cash pile opens new frontiers

South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project.

12 Jun 2014

Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014

Santam wants to unwind international division

South Africa's largest short-term insurer‚ Santam‚ said last week it was looking to unwind its Europe-focused international division.

By Phakamisa Ndzamela 23 Apr 2014

Old Mutual sees strong customer growth

London- and JSE-listed insurer Old Mutual grew the number of customers in its operations in the rest of Africa by 590,000 in 2013 as it continues to focus on emerging markets to achieve growth.

By Gillian Jones 3 Mar 2014

Sanlam moves into Nigerian insurance market

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

Fast-track fund for food security

Many African countries are farming countries, where agriculture is both a major component of gross domestic product growth as well as local employment and food supply.

By Shaun Harris 26 Nov 2013

MasterCard's confidence index rises to 56.3

Consumers are feeling more confident about the second half of this year‚ according to the latest MasterCard consumer confidence index,which rose 8.3 points to 56.3.

By Ntsakisi Mawanganyi 17 Sep 2013

FirstRand remains committed to growing African presence

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

Africa is a target for Citibank

Citibank is expecting to grow revenue in Africa as it sees opportunities in increased trade and investment‚ urbanisation and digitisation.

By Gillian Jones 26 Jul 2013

African e-commerce may be about to come of age

E-commerce in Africa has grown dramatically over the past year, says Robin Philip of payment services provider PayGate, and is now in a position to support the massive consumer boom that's happening across the continent.

2 Jul 2013

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