IFP members painted West Street in Durban white as they marched over the closure of Ithala Bank on Monday, 24 February 2025. Party members expressed their concerns over the closure of the bank ...

The situation is unusual. On 29 May, Sidi Ould Tah was elected president of the African Development Bank (AfDB). Yet until the end of June, he remains, at least formally, president of the Arab Bank ...

South African President Cyril Ramaphosa signed a law that will enable the government-owned Postbank to become a fully fledged state-owned commercial lender.

The Pan-African Payment and Settlement System, which allows faster payments and improved trade flows in local currencies, is gaining traction among financial institutions, says CEO Mike Ogbalu III.