Category archives for: Insurance

Standard Bank confirms expansion to Ivory Coast

Standard Bank

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – STANDARD Bank has opened a branch in Ivory Coast, bringing its presence in African countries to 20. The bank in the capital, Abidjan, will focus on the needs of Corporate and Investment clients. It will operate as Stanbic Bank in Côte d’Ivoire. Kenny Fihla, Standard Bank’s Chief Executive […]

ANC women’s league backs inquiry into state capture

ANC Women's League

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – THE African National Congress Women’s League (ANCWL) has welcomed President Jacob Zuma’s appointment of a Commission of Inquiry on State Capture. ANCWL said the commission would expose corruption in both the private and public sectors. Meokgo Matuba, the women’s league secretary general, said her organisation was hopeful the […]

Portugal approves sale of Mercantile Bank in SA

Mercantile Bank

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE Portuguese government has approved the sale of Mercantile Bank Limited by Caixa Geral de Depósitos (CGD), a state-owned banking and financial services group. Mercantile is 100-percent owned by CGD, which announced in March 2017 that it intends to sell the South African bank as part of a […]

Nominations open for SAP Africa Quality Awards

SAP Africa Quality Awards

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE nomination period for the 2018 SAP Quality Awards in Africa is now open. The awards honour SAP customers who embrace quality in their SAP software implementations and realise great business value through successful planning and execution. “This is an excellent opportunity to get acknowledgment for your achievements […]

Tech adoption augurs well for investment in Kenya

Left to Right: Coenraad Vrolijk, Regional CEO Africa Allianz, Oliver Baete, Chairman of the Board of Management of Allianz SE engage with Demba Sy, 
CEO Allianz Insurance Co. of Kenya at Allianz Kenya offices

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – RAPID advances and adoption of technology in Kenya augurs well for foreign businesses investing in the country, an executive from one of the largest general insurance companies in the world has said. Oliver Baete, Board Chairman of Allianz, said this when he visited the firm’s […]

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