South African banker Alan Pullinger's stake in FirstRand exceeds $30 million
This marks a significant milestone for Pullinger, who holds a 0.13 percent stake, equivalent to 7,079,000 ordinary shares in FirstRand.
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James Mwangi’s Equity Group stake nears $50 million
James Mwangi, Kenya's richest banker, solidifies his position with a 12.64% increase in Equity Group shares, boosting his net worth to nearly $50 million.
Amsons gains regulatory approval for Bamburi Cement deal
The COMESA Competition Commission confirms the deal will not harm regional competition or result in market dominance, supporting trade integration.
UBA launches $144.2-million rights issue to boost capital and expansion
United Bank for Africa’s rights issue aims to strengthen regulatory compliance and accelerate its pan-African growth strategy.
Co-op Bank profit rises to $148 million amid expansion drive
Co-op Bank reports 4.4-percent profit growth despite rising costs from expansion and staff investment.