Tag: London

Actis buys South Africa payment and card firm for $95 million

  Private equity firm Actis has agreed to buy the payments and ATM business of South Africa’s Transaction Capital (TCPJ.J) for $95 million, targeting the growth of debit cards and electronic payments among millions of low-income shoppers. Actis, a London-based firm focused on emerging markets, will pay 937 million rand […]

Ranking: Analysts call for fresh recapitalisation of banks

Economists have asked the Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, to consider instituting a fresh recapitalisation of the nation’s banks to make them bigger than what they are currently. They spoke against the backdrop of last week’s ranking of top 1000 world banks by The Banker magazine of […]

Ranking: Analysts call for fresh recapitalisation of banks

Economists have asked the Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, to consider instituting a fresh recapitalisation of the nation’s banks to make them bigger than what they are currently. They spoke against the backdrop of last week’s ranking of top 1000 world banks by The Banker magazine of […]