Tag: South Africa

Asian shares extend losses as China sows confusion

Mon Jan 11, 2016/Reuters By Wayne Cole Asian shares sank to their lowest in over four years on Monday as doubts mounted about Beijing’s ability to manage the world’s second-biggest economy. The absence of Tokyo for a holiday only made liquidity even harder to come by, heightening volatility. Currency markets […]

Ecobank’s Biggest Shareholder Says It Has Reservations About CEO

South Africa’s Public Investment Corp., the biggest shareholder in Ecobank Transnational Inc. (ETI), said it has concerns about the pan-African lender’s chief executive officer, Thierry Tanoh. “We have reservations about Thierry Tanoh,” PIC Chief Investment Officer Daniel Matjila said in a phone interview. The PIC, which owns more than 18 […]

Ecobank Ranked One of the Top African Banking Brands

Press Release/Ecobank Lome- Togo, February 4, 2014: Ecobank Transnational Incorporated (‘Ecobank’ or ‘the Group’) has been declared the most valuable brand in Africa – outside South Africa – in the annual ranking of the global banking and financial magazine ‘The Banker’ in its special edition Brand Finance Banking 500 of […]