FINANCIAL Services giant ABC Holdings Limited has conceded that currency reforms are yet to yield results as the country continues to witness heavy devaluation of the local currency and hyperinflation...
By Staff reporter | Published: 01 October 2019
KENYA'S leading bank in terms of market capitalisation and customer numbers Equity Group has announced that it has entered into an agreement with Pan-Africa-focused banking group Atlas Mara to acquire...
By Staff reporter | Published: 02 May 2019
BANCABC'S after tax profit increased more than two-fold to US$10,8 from US$5,2 million in the full year ended December 31, 2018, driven by growth in net interest income as the bank upped its lending.I...
By Staff reporter | Published: 24 April 2019
BancABC, the local unit of African Banking Corporation, is among the top banks that are generating the bulk of their revenue from interest-bearing activities, a survey of financial institutions operat...
By Staff reporter | Published: 27 July 2018
BANCABC parent, Atlas Mara, has increased its stake in a Nigerian bank to 49%, as it seeks to cement its foothold in Africa's largest economy.In a notice on Tuesday, Atlas Mara said it has agreed to a...
By Staff reporter | Published: 28 June 2018
Atlas Mara Zimbabwean unit, BancABC, has reported more than $50 million in deposit capture in the southern African country for the year ended December 31, 2017 on the back of a strong agency banking p...
By Staff reporter | Published: 26 April 2018
BANCABC has set aside $16 million for the 2017 /2018 sugarcane production season in the Lowveld, as the financial services group consolidates its presence in this previously under-serviced but critica...
By Staff reporter | Published: 14 September 2017
BancABC, which has subsidiaries in Botswana, Mozambique, Zambia and Tanzania, was one of the major conduits for dodgy diamond funds flowing internally and across borders, the Zimbabwe Independent has ...
By Staff reporter | Published: 08 September 2017
LOCAL bank BancABC has unveiled a cocktail of initiatives including extending tailor-made bid bonds to contractors in Zimbabwe as part of efforts to promote infrastructure projects in the country and ...
By Staff reporter | Published: 04 September 2017
BancABC Zim posted a significant rise in profit after tax to $3, 2 million for the first half of this year from $200 000 in the prior comparable period.The profit bump was on the back of cost-containm...
By Staff reporter | Published: 30 August 2017
Atlas Mara Co-Nvest Limited (Atlas Mara) has given minority shareholders an ultimatum to sell their shares within six weeks to the United Kingdom-based company for $0,82 per share.This comes after sha...
By Staff reporter | Published: 21 June 2015
Banking group ABC Holdings Limited (ABCH) has secured a $50 million multi-currency loan from the African Development Bank (AfDB) for on-lending to small-to-medium enterprises (SMEs).The loan, with a s...
By Staff reporter | Published: 07 June 2015
Further to the cautionary announcement published on 1 August 2014, the Company advises all Shareholders that Atlas Mara Co-Nvest Limited (Atlas Mara), a company incorporated in the British Virgin Isla...
By ABC | Published: 29 August 2014
Further to the renewal of the cautionary announcement on 11 July 2014 in relation to the Atlas Mara transaction first published on 1 April 2014, the Company would like to advise Shareholders that the ...
By ABC | Published: 29 August 2014
Further to the renewal of the cautionary announcement on 19 June 2014 in relation to the Atlas Mara transaction first published on 1 April 2014, the Company would like to advise Shareholders that the ...
By ABC | Published: 15 July 2014
PAN-African banking group,BancABC, has gone on a restructuring exercise that will see Hashmon Matemera returning to group level after a four-year stint as managing director for the Zimbabwean unit.Mat...
By Staff reporter | Published: 09 July 2014
Further to the renewal of the cautionary announcement on 28 May 2014 by ABC Holdings Limited ("the Company") in relation to the Atlas Mara transaction first published on 1 April 2014, Shareholders are...
By ABC | Published: 24 June 2014
Listed financial institution ABC Holdings is set to benefit from the second fundraising done by soon-to-be major shareholders Atlas Mara. The Atlas Mara group is said to have raised in excess of $300 ...
By Staff reporter | Published: 24 June 2014
ABC Holdings says regulatory and other approvals are being sought for the disposal of its controlling shareholding to a company owned by former Barclays Plc chief executive officer Bob Diamond.Under t...
By Staff reporter | Published: 29 May 2014
Further to the previous announcement published by ABC Holdings Limited on 6 May 2014 in relation to the Atlas Mara transaction announced on 1 April 2014, Shareholders are advised that regulatory and o...
By ABC | Published: 28 May 2014
Could Atlas Mara Co-Nvest Limited be lining up more investments in Zimbabwe? Well, it certainly is for Africa.Bob Diamond and Ashish Thakkar's Atlas Mara yesterday announced that would raise about $40...
By Staff reporter | Published: 14 May 2014
BancABC shareholders will convene early next month seeking approval to waiver a one-year restriction on the sale of employee shares that had been granted under an earlier scheme. The move will facilit...
By Staff reporter | Published: 13 May 2014
Notice is hereby given that the Annual General Meeting of shareholders of the Company will be held at the Boardroom, ABC House, BancABC Botswana, Plot 62433, Fairground Office Park, Gaborone, Botswana...
By ABC | Published: 12 May 2014
Further to the cautionary announcement released by ABC Holdings Limited ("the Company") on 1 April 2014 announcing the Atlas Mara transaction, shareholders are advised to continue exercising caution w...
By ABC | Published: 07 May 2014
Local firm, Premier Diamonds got a reprieve last week after the High Court granted an order staying the execution of an order compelling it to settle a $4.6 million loan advanced by BancABC to finance...
By Staff reporter | Published: 15 April 2014
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
