
Moneyweb's market update covers Old Mutual's latest results, FNB market commentary, Poland's investment commitment, and Angola's sale of Standard Bank shares. The programme also examines, with PSG, money flowing out of the US financial system, and discusses agricultural growth in the SADC region with Wandile Sihlobo, according to the publication's feed.
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Standard Bank's stake in its Angolan operation is up for sale, prompting speculation about potential buyers, Moneyweb reports. Kokkie Kooyman of Denker Capital said he believes the transaction could be a win-win for Standard Bank Group, the Angolan government and its new president, and Africa as a whole, according to the publication. The report examines who might buy into the stake as the sale process unfolds.
Moneyweb·September 8, 2026 at 7:19 PM
Portuguese commercial bank BPI has sold its stake in an Angolan unit in a divestiture valued at $451 million, according to TechCabal's daily newsletter. The edition also covers upcoming changes to MultiChoice's DStv service, the launch of a new platform called Marrify in Ghana, and African fintech company Mukuru's latest push into payments. The stories reflect ongoing shifts in Africa's banking, broadcasting, and digital finance sectors.
TechCabal·September 8, 2026 at 6:14 AM
Old Mutual reported a 30% decline in adjusted headline earnings to R2.95 billion for the six months ended June, saying fallout from the US-Iran war curbed investments. The figures, published by Moneyweb, indicate profit pressure linked to the geopolitical shock and its effect on investment markets. The report frames the earnings drop as a consequence of reduced investment activity during the period, rather than providing additional operational detail.
Moneyweb·September 8, 2026 at 6:07 AM
Dan Aibangbe examines how United Capital's expansion is influencing investment banking in various African markets, highlighting its impact on regional growth in this sector. The analysis focuses on the company's strategic moves and their implications for investment banking across the continent.
Premium Times Business·June 23, 2026 at 8:42 AM
Old Mutual has reported growth across its business operations despite recording lower earnings, according to Moneyweb. Chief executive Jurie Strydom discussed the performance of OM Bank, the group's operational earnings, and the appointment of a CEO-designate. The financial services group's results reflect continued expansion in key areas of its operations even as headline earnings declined, with leadership succession planning also highlighted as part of the company's outlook.
Moneyweb·September 8, 2026 at 5:40 PM
Kenya Insights reports that lawyer Miguna Miguna's criticism of the Sh110 billion sale of NCBA by the Kenyatta and Ndegwa families overlooks unresolved scandals on the buyer's side. According to the outlet, South Africa's Nedbank, which is acquiring the stake, also carries unresolved controversies of its own. The piece frames Miguna's "laundry cycle" allegation as one-sided, arguing that scrutiny of the transaction should extend to both parties involved in the deal.
Kenya Insights·September 6, 2026 at 12:18 PM