… He was addressing institutional investors, brokers and fund managers at an event organised by Standard Bank at the Conrad Hotel, on the sidelines of the annual IMF/World Bank meetings. …
… He was speaking at a meeting with institutional investors, brokers and fund managers organised by Standard Bank at the Conrad Hotel in Bangkok, Thailand, on the sidelines of the annual IMF/World Bank meetings. …
… The award, issued in ICC Case No. 29029/CPB, followed arbitration proceedings initiated by Befesa and Standard Bank of South Africa Limited against Ghana Water on October 23, 2024. …
… building energy infrastructure across West Africa,” said Baafour Asiamah-Adjei, CEO of Genser Energy. “This financing reflects the confidence our financial partners continue to place in that vision, and we are grateful for the support of Rand Merchant Bank, Absa and Standard Bank …
… etion of a 456 million euros term and revolving credit facilities package arranged by First Rand Bank Limited (acting through its Rand Merchant Bank Division) (“RMB”), Absa Bank Limited (acting through its Corporate and Investment Banking division) (“Absa”), and the Standard Bank …
South Africa’s major banks (Standard Bank, Absa and First National Bank) and their bank holding companies (BHCs) are well positioned to weather spillovers from the US-Iran war, reflecting their strong franchises and diversification, healthy profitability, and sound capital and li …
Standard Bank’s Head of Africa Research projects Ghana’s economy will expand by 5.9% to 6.1% in 2026, buoyed by structural support from gold mining expansion, critical infrastructure projects, and improved foreign exchange buffers. …
… Standard Bank retained its position as the continent’s most admired financial services brand, with South African, Nigerian and Kenyan banks making up most of the leading names in the sector. …
… Innocent Matshe, Deputy Governor, Reserve Bank Of Zimbabwe, Courtesy: Standard Bank The post African Perspectives: Zimbabwe on the move appeared first on The Business & Financial Times.
Bank of Ghana Governor Dr Johnson Asiama said external factors—including Middle East tensions, US dollar movements, gold prices, tighter financing conditions, and El Niño effects—will shape the central bank's November policy rate decision. The BoG held the policy rate at 14 per cent in September citing external risks and rising inflation concerns, and is closely monitoring international developments to assess their implications for Ghana's economy.
Bank of Ghana Governor Dr Johnson Asiama said external factors—including Middle East tensions, US dollar movements, gold prices, tighter financing conditions, and El Niño effects—will shape the central bank's November policy rate decision. The BoG held the policy rate at 14 per cent in September citing external risks and rising inflation concerns, and is closely monitoring international developments to assess their implications for Ghana's economy.
Bank of Ghana Governor Dr Johnson Asiama rejected suggestions the central bank has handed over foreign exchange market responsibilities to Goldbod, stating the BoG remains ready to intervene when necessary to maintain stability. He said the BoG's focus on building reserves while Goldbod supports FX intermediation does not mean the central bank has abandoned its core functions.
No Ghanaian firm appeared among 900 companies in Forbes' World's Best Employers 2026 rankings, though subsidiaries of South African, Nigerian and Egyptian firms operate in Ghana. South African firms dominated the African rankings, with Nedbank leading the continent at number 26 globally.
An International Chamber of Commerce tribunal ruled that Befesa Desalination Developments Ghana Ltd validly terminated its Water Purchase Agreement with Ghana Water Company Limited and is entitled to US$235 million in contractual termination payments. The tribunal dismissed a separate US$402 million claim for unpaid water charges, ruling that both claims could not be recovered together.
Absa Bank has participated as an arranger of a €456 million term and revolving credit facilities package for Genser Energy Investments LLC, an integrated energy company in West Africa, to provide working capital for engineering, procurement and construction projects and support strategic expansion across the region.
Genser Energy Investments LLC has secured a 456 million euros term and revolving credit facilities package from First Rand Bank, Absa Bank, and Standard Bank of South Africa to support completion of ongoing projects, strengthen its balance sheet, and fund strategic expansion across West Africa.
Fitch Ratings reports that Standard Bank, Absa, and First National Bank are well positioned to weather spillovers from the US-Iran war, citing their strong franchises, healthy profitability, and sound capital and liquidity buffers. The rating agency forecasts headline inflation at 5.0% in June 2026 and predicts further interest rate rises followed by cuts, with impaired loan ratios declining and capital ratios remaining comfortably above regulatory minimums.
Standard Bank Research projects Ghana's economy will expand by 5.9% to 6.1% in 2026, supported by gold mining expansion, critical infrastructure projects, and improved foreign exchange buffers, following stronger-than-expected 6% growth in 2025.
African brands now account for 15% of the Top 100 most admired brands in Africa, up from 11% in 2025, according to the 2026 Brand Africa 100 report, though international brands including Nike, Adidas, Samsung, Apple and Coca-Cola continue to dominate the rankings.
Zimbabwe's annual inflation rate has slowed to single digits for the first time in nearly four decades, according to the Reserve Bank of Zimbabwe, which credits the performance of the Zimbabwe Gold currency introduced in 2024. The central bank is actively promoting foreign investment across mining, agriculture, tourism, and manufacturing sectors as evidence of macroeconomic stabilization.