Latest articles from Kit Gillet

Lesetja Kganyago teaser

South Africa CBG looks to build on banks' resilience

May 1, 2019

The governor of South Africa’s central bank tells The Banker about the challenging position the country finds itself in and the impressive performance of its banking sector.

Rand teaser

Will elections leave South Africa on the right track?

May 1, 2019

South Africa's growth forecast of just over 1% in 2019 is a step in the right direction. But issues of debt, inflation and political corruption are still hindering the country's progress. 

Absa teaser

Will digital banks disrupt South Africa's big five?

May 1, 2019

A quintet of big banks dominate South Africa's banking scene, but this could change as the arrival of several low-cost digital banks triggers competition. 

Central Bank of Egypt teaser

Buoyant Egyptian banks target SMEs and unbanked in growth push

April 1, 2019

Egypt's banks enjoy good capital adequacy levels and low loan default rates. Many are eyeing the small business sector and an underbanked populace.

Cairo teaser

Is Egypt's tough reform programme paying off?

April 1, 2019

The IMF is ready to launch the next tranche of a $12bn loan package for Egypt, following government attempts to push through economic reforms. 

Rig

Kuwait invests in oil and gas while toeing OPEC line

April 1, 2019

As an OPEC member, Kuwait has agreed on oil production caps and accepted the new normal of low oil prices. The Banker assesses what this means for the country’s ambitions.

Lobna Helal teaser

Egypt's banking sector narrows the gender gap

April 1, 2019

Historically, women have been widely employed in Egypt's banks, with some now reaching top-level posts, including that of CEO. 

Bahrain teaser

Will Fiscal Balance Program bring budgetary harmony back to Bahrain?

March 1, 2019

A slump in oil prices and a large budgetary deficit have left Bahrain's economy experiencing sluggish growth. However, a $10bn support package and a drive to reduce public debt give hope for a brighter future.

NBB teaser

Bahrain’s banks see a future in fintech

March 1, 2019

The Bahraini banking sector sees fintech development and Islamic finance as reliable prospects while oil prices remain low. Kit Gillet reports.

Standard Bank teaser

AI in Africa: a different kind of intelligence

February 1, 2019

AI has still to make its presence felt in Africa's banking sector, but brings with it opportunities to bank the unbanked and engage with the continent's youthful population. However, as Kit Gillet reports, Africa's unique needs mean achieving these goals is not straightforward.

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