Nigerian banking giant GTBank implements 40-percent salary hike amidst economic reforms
GTBank has increased employee salaries by 40 percent in response to Nigeria's economic reforms and rising inflation, reinforcing its commitment to staff welfare while maintaining its position as one of the country’s most cost-efficient banks.
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South African Saltzman family gains $15.7 million from Dis-Chem shares
This recent gain follows an earlier increase of $18.79 million between Sept. 13 and Oct. 26.
NCBA Bank acquires Unga Group’s $6.6 million loan portfolio from Absa Bank
The acquisition underscores NCBA’s commitment to strengthening its domestic operations while reinforcing its role as a leading financial institution in East Africa.
Remgro's Manta Bidco posts $2.3-billion revenue in H1 2024 revenue
The revenue growth was bolstered by a 2.3 percent rise in inpatient admissions and a 2.1 percent uptick in day cases.
Aga Khan IV's stake in Nairobi-based insurer Jubilee sees $1.7-million rebound
His investment has grown by $1.7 million over the past 10 days, cementing his position as a key player in Kenya’s investment landscape.