Standard Bank fined in Mozambique for malpractices
Standard Bank, one of the largest banks in Africa, has been penalised in Mozambique for certain malpractices. Bank of Mozambique,…
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Nedbank to take controlling stake in Mozambiques Banco Unico
South Africas Nedbank has announced plans to invest ZAR178m ($11.4m) to increase its stake to 50% plus one share in…
Societe Generale to buy stake in Mauritius Commercial Bank Mozambique
French banking giant Societe Generale has accelerated its growth in Africa by signing a deal with Mauritius Commercial Bank to…
Nedbank buys shares in Mozambique bank Banco Unico
Nedbank, the fourth largest bank in South Africa by assets, has acquired a 36.4% shareholding in Banco Unico the sixth…
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