AFRICA
LUSAKA: First National Bank announced yesterday, 27 October 2009, the launch of its Zambia operation. The operation was officially opened by the president of Zambia, President Rupiah Banda. The company's banking license was issued on 25 November 2008. 28 Oct 2009 10:20
AFRICA
Standard Bank South Africa has awarded MTN Business, a wholly owned division of MTN, the contract to rollout the African network infrastructure footprint. The bank, which under Stanbic has a presence in 17 countries across the continent, required the successful provider to ensure maximum uptime and low latency and guarantee data delivery back to South Africa without interruption to business operations. 1 Oct 2009 10:04
AFRICA
[Dumisani Ndlela] Standard Chartered Bank (Zimbabwe), the primary agent for Visa in Zimbabwe, announced the return of Visa this week, noting that it had started issuing bank customers with the cards on request. 23 Sep 2009 08:52
AFRICA
African Banker, the banking and finance in Africa magazine, announced yesterday, Tuesday, 15 September 2009, the shortlist for its annual African Banker Awards to be held on 6 October 2009 at the Four Seasons Hotel during the World Bank/IMF annual meetings in Istanbul, Turkey. 16 Sep 2009 12:28
AFRICA
Mobile payments company, Celpay Zambia will be hosting a mobile banking conference in Zambia. The two-day conference will be held in Lusaka from 16 - 17 September 2009. Participants will include government, regulators, major technology companies, mobile network operators and major corporates from the SADC region. 10 Sep 2009 10:51
AFRICA
MTN on Thursday, 23 July 2009, said it has launched its Mobile Money offering in Ghana. 24 Jul 2009 14:36
AFRICA
Lorato Edith Boakgomo-Ntakhwana has been appointed as chief executive officer of First National Bank of Botswana (FNBB). Boakgomo-Ntakhwana is the first black female to be appointed to this position. 6 Jul 2009 16:00
AFRICA
The Mobile Banking Conference to be held from 18 - 19 March 2009 in Lusaka, Zambia hopes to create a network platform for its speakers and attendees by developing relationships and engaging various industries on key topics. Celpay Zambia Limited, sponsor of the first Mobile Banking Conference is a mobile and internet banking payment solutions company. 27 Feb 2009 10:57
AFRICA
[Sam Hungwe] Zimbabwe's central bank has ordered banks to start importing foreign currency from their nostro accounts as banks began grappling with increasing demand for foreign cash, bankers said. A nostro account is a bank account established in a foreign country for the purpose of holding that country's currency. 20 Feb 2009 10:53
AFRICA
[Michael Appel] The Johannesburg Stock Exchange (JSE) will be launching Africa Board, its new African trading segment on the JSE's Main Board, which is set to increase interest and investment in African companies. 30 Jan 2009 12:16
AFRICA
The Zimbabwe dollar now seems to have lost all its appeal, and calls for the adoption of a foreign currency to replace the struggling monetary unit and put an end to the country's crippling hyperinflation are becoming louder. 22 Jan 2009 07:21
AFRICA
Old Mutual has sponsored R1.5 million to the NEPAD Business Foundation (NBF) and is one of the NBF's main founding partners. Old Mutual operates in six countries in Africa including, South Africa, Namibia, Kenya, Malawi, Swaziland and Zimbabwe and is headquartered and domiciled in London, UK. 20 Jan 2009 13:48
AFRICA
TUNIS: African finance ministers and central bank governors rose from a day-long meeting on Wednesday, 12 November 2008 in Tunis after the adoption of a communiqué on what their countries would do individually and collectively and the type of support they expect from the international community to caution the likely impact of the global financial crisis on their economies. 13 Nov 2008 15:51