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Southern Africa Banking News. Service for global professionals. Constantly updated news and information about Southern Africa Banking.
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  • South African Markets - Factors to watch on Nov 23 23 Nov 2009 06:30 GMT
    ... moves and political events may affect South African markets on Monday. - - - - ... is expected to release its first-half results. The bank said in September it expects first-half profit ... weeks years, an official said on Wednesday. ZIMBABWE Zimbabwe's parliament on Wednesday unanimously approved a ...

  • African Markets - Factors to watch on Nov 23 23 Nov 2009 06:10 GMT
    ... market moves and political events may affect African markets on Monday. - - - - ... points on Firday, thanks to gains in banking and other stocks. NIGERIA OIL Nigeria renewed ... it comes into effect in July 2010. ZIMBABWE POLITICS President Robert Mugabe and Prime Minister ...

  • Internet Scam Claims Victim in South 23 Nov 2009 08:46 GMT
    ... has fallen victim to a new internet banking scam. The businessman, who preferred not to ... to an Absa Bank account in South Africa. According to the businessman, the money transfer occurred ... said the businessman. The businessman told The Namibian that Standard Bank recovered the money after ...

  • Regulatory exams: Flavour of the month 23 Nov 2009 08:53 GMT
    ... Compliance for the Financial Intermediaries Association of Southern Africa (FIA) The Financial Services Board (FSB) has ... Refinery, the Financial Planning Institute, Institute of Bankers (Leselo) and the South African Institute of ...

  • EuroBank could get $13 million offer from foreign investors 23 Nov 2009 05:50 GMT
    ... Investors from Portugal and Africa have applied to acquire a controlling stake in Coral ... Morais Jr., of Miami Beach and Luanda, Angola, currently own less than 10 percent of ... would grab a 64.9 percent stake in the bank after acquiring 686,113 shares for $13.1 million. ...

  • RPT-DEALTALK-Buyers ready bids for BHP nickel cast-off 23 Nov 2009 00:14 GMT
    ... and Minara and Chinese state-funded MCC are banking on an eventual recovery in nickel prices. ... First Quantum, weighted toward copper mining in Africa, has told shareholders a goal this year ... Fishtie and Bwana Mkubwa copper projects in Zambia among other mining assets. Its only Australian interest ...

  • BHP hoping to sell Ravensthorpe by year-end - Source 23 Nov 2009 08:10 GMT
    ... and Minara and Chinese state-funded MCC are banking on an eventual recovery in nickel prices. ... First Quantum, weighted toward copper mining in Africa, has told shareholders a goal this year ... Fishtie and Bwana Mkubwa copper projects in Zambia among other mining assets. Its only Australian interest ...

  • Washington Post 23 Nov 2009 08:16 GMT
    ... agree to abide by the welcome to zimbabwe where people are too consumed with their ... any looted money is deposited in foreign banks. I honestly believe Ethiopian treasuries are being ... feed itself. They said it is because Africans are uneducated to handle large farms, which ...

  • Is Mugabe Africa's most notorious leader? 22 Nov 2009 19:44 GMT
    ... in Rome for lessons in Islam — Zimbabwe’s Robert Gabriel Garigamombe Mugabe is the most ... Gabriel Garigamombe Mugabe is the most notorious African leader. Mugabe is a leader who is ... Gideon Gono is the Mugabe family’s personal banker. Amid the crisis caused by Mugabe’s seizure ...

  • Fresh clues about Deep Green 22 Nov 2009 08:46 GMT
    ... companies were not working for the South African bank that was allegedly backing the ghost ... Nedbank Africa Ltd currently operates only in Namibia, Swaziland, Lesotho, Zimbabwe and Malawi. Similarly, the Group’s corporate services section, Nedbank Corporate, ...

  • Coup plotter: I heard Simon Mann call his wife and ask where was the wonga he needed to buy his way out of jail 22 Nov 2009 00:13 GMT
    ... justice for plotting to overthrow the West African country's government. They sat close together, discussing large ... a British-owned private security company operating in Angola and Sierra Leone - to meet Mark ... to some being sold off by the Zambian government. Simon told me that was Mark ...

  • Dog of war Simon Mann paid £400k in wonga to buy his way out of jail, claims coup plotter 22 Nov 2009 03:13 GMT
    ... justice for plotting to overthrow the West African country's government. They sat close together, discussing large ... a British-owned private security company operating in Angola and Sierra Leone - to meet Mark ... to some being sold off by the Zambian government. Simon told me that was Mark ...

  • Citibank clinches Euromoney award for global cash management 22 Nov 2009 17:32 GMT
    ... Ekezie, Corporate Affairs Officer, Citibank Nigeria, In Africa, Citi’s Treasury and Trade Solutions business was ... Kenya, Nigeria, South Africa, Tanzania, Uganda and Zambia. She identified its product strength as the ... Capabilities, Innovative Payment/Collection Methods and Comprehensive Electronic Banking Capabilities. “Global Transaction Services, a division of ...

  • Beer war: How did it emerge? 22 Nov 2009 11:12 GMT
    ... As the East Africa Breweries Limited (EABL) complains of breach of ... EABL’s managing director, who now heads Diageo’s southern Africa affiliate Brandhouse, wrote in an email ... who is laughing all the way to the Bank. None other than Serengeti because most of ...

  • On The Cruelties Of Capitalism 22 Nov 2009 04:33 GMT
    ... the on-going blockade of Cuba; from Chile, Angola and Mozambique in the 1970s to the never-ending, ongoing ... long. What about the assassinations of great African Marxists such as Amilcar Cabral, Thomas Sankara and ...


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