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AfricaMoney | September 22, 2017

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Banking/Finance

Mauritius’ ABC Global Management Services eyes markets in Africa, Asia

December 17, 2013 | The company, part of the financial services cluster of ABC group, comprising ABC Banking Corporation and ABC Capital Markets among others, has finalized a two-year expansion plan. (Image: Gvpedia) Mauritius-based financial services major ABC Global Management Services is eyeing n...
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State Bank of Mauritius to issue bonds to fund expansion

December 12, 2013 | SBM is exploring new markets in Africa and Asia, and funds of Rs 1 billion and $50 million from the two bond issues are expected to finance its expansion drive. (Image: David Sanger) Mauritius’ second largest bank, SBM, has received approval from the island’s stock exchange t...
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Mauritius’ Cim group profits up 94% in 2013

December 11, 2013 | The financial services major saw revenue grow 11% to Rs 3.2 billion while profit after tax increased by as much as 94% to Rs 495.1 million for the year ended September 2013. (Image: Rediff) Mauritius’ leading financial services firm, Cim group, has seen both profits after tax ...
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AfrAsia: Shareholders cry foul over huge financial payout to Chanakira

December 10, 2013 | The Zimbabwe press has highlighted the dissatisfaction of certain shareholders of AfrAsia Bank Kingdom Limited over the huge financial package being paid to Nigel Chanakira, founder, Kingdom Limited, to part with his share in the merged entity. (Image: AfrAsia Bank) Mauritius-ba...
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Financial expertspeak: ‘Mauritius is an important catalyst for Africa investments’

December 6, 2013 | Interview of Mr Rinsy Ansalam, CEO and MD, Bourse Africa. Rinsy Ansalam, CEO and MD, Bourse Africa, the first multi-asset class exchange in Mauritius, spoke to AfricaMoney on how the island economy has the potential to become a world-class financial hub....
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Families forced to change the way they spend to stretch tight household budgets

November 16, 2012 | November, 2012: A new study reveals that the role of the domestic goddess is changing, making way for a new breed of domestic economists, as households are forced to take more control of their finances and stretch tight budgets further. The research, commissioned by Barclaycard with Mumsnet members,...
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