ABIL will have its 26 billion rand worth of core lending assets transferred to the Good Bank in the first quarter of 2015.
Capitec Bank remains the most attractive bank due to its lesser services charges, Solidarity's bank report has revealed.
Ghana’s annual producer price inflation rose to 48.3 per cent in August, up from a revised figure of 47.2 per cent year-on-year in July.
Global pharmaceutical company Bayer has been included in the Dow Jones Sustainability World Index (DJSI World) for the 15th time in a row.
Nigeria holds its monetary policy rate (MPR) at 12 per cent with a corridor of around 200 basis points (BPS).
Nigeria's finance minister said she is confident that growth in 2014 will be around the government's latest forecast of 6.5 per cent.
South Africa’s repurchase rate will remain unchanged at 5.75 per cent per annum, says reserve bank governor, Gill Marcus.
Ghana opened talks with the International Monetary Fund (IMF), hoping to secure financial assistance to restore its fiscal balance.
Ascendis Health has concluded a 50 million rand BEE transaction deal with WDBIH Proprietary Limited, the company has said.
The DBSA has reported a historic disbursement record in key strategic infrastructure projects.
Bidvest on Wednesday appointed Barclays and Investec as advisers for a possible listing of its food business on the London Stock Exchange.
Sanlam Investments and Glacier are set to host their first ever i3 summit in Johannesburg next week.
Nigeria’s manufacturing sector continues to record the fastest growth, according to the country’s National Bureau of Statistics.
Atlas Mara, the African investment vehicle of former Barclays boss Bob Diamond, said it had increased its stake in Union Bank of Nigeria.
The State Bank of India is expanding its footprint in Africa, according to its managing director, Krishna Kumar.
Business activity in Egypt grew at its sharpest rate in eight months in August, a survey showed on Wednesday.