No two days are ever tHe same STArT yOurS wiTh bLOOMberG TeLeviSiON® ANd STAy buSiNeSS ShArP
Global Connection with Linzie Janis 0600-0700 Lagos / 0700-0800 Johannesburg Business and financial news from the US, Europe and Asia to prepare you for the impact of the world on your business day ahead.
Countdown with Maryam Namazee 0700-0900 Lagos / 0800-1000 Johannesburg A fast-paced run-up to the opening of the European markets, with in-depth interviews and analysis of what is happening on the markets and why.
On The Move with Francine Lacqua 0900-1000 Lagos / 1000-1100 Johannesburg As Europe opens for business, Bloomberg Television is there – covering the news as fast as it breaks in parallel with the best in market analysis.
The Pulse with Andrea Catherwood 1000-1200 Lagos / 1100-1300 Johannesburg Award-winning anchor Andrea Catherwood provides commentary and critical analysis on breaking business stories, along with key interviews of major players impacting the market.
Bloomberg Television is available on Multichoice Africa, HITV Nigeria, local cable operators and satellite in Africa.
Telephone: +44 20 7330 7500 Email: email@example.com www.bloomberg.com United Kingdom IC Publications 7 Coldbath Square, London ec1r 4lq tel: +44 20 7841 3210 Admin FAX: +44 20 7713 7898 Editorial FAX: +44 20 7841 3211 E-mail: firstname.lastname@example.org www.africasia.com
France IC Publications 609 Bat A, 77 Rue Bayen, 75017 Paris tel: +33 1 44 30 81 00 fax: +33 1 44 30 81 11 e-mail: email@example.com www.icpublications.com
FOUNDER Afif Ben Yedder Directeur de la publication (firstname.lastname@example.org) Editor Anver Versi Editorial Consultant Christian Udechukwu Correspondent-at-large Stephen Williams Art Director Krisztian Somodi Editorial Assistant Carole Lambert Group Publisher Omar Ben Yedder (email@example.com) GENERAL MANAGER Leila Ben Hassen (firstname.lastname@example.org) DEVELopment director Patricia Bonnin email@example.com group sales director Tibor Fuchsel (firstname.lastname@example.org) Advertising Sales Directors Medrine Chitty Elisée Marie Ndiana Matthew Darren Moore Nick Rosefield Printers Headley Brothers Ltd, The Invicta Press, Queens Road, Ashford, Kent, TN24 8HH Indexed and abstracted in PAIS International and included in one or more of the Information Access Company full text reference databases. Microfilms available from Xerox University Microfilms, 399 N. Zeeb Road, Ann Arbor, Michigan 48106, USA. Indexed by UMI/Data Courier, PO Box 327770, Louisville, KY 40232-2770 USA. All pictures AFP unless indicated. Registered with the British Library. ISSN 1757-1413 ©2011 IC Publications Ltd N° DE COMMISSION PARITAIRE EN COURS Dépôt légal Avril 2011
COVER STORY Banking in East Africa African Banker 2nd QUARTER 2011
Banking in East Africa
New powerhouse takes shape
Banking expansion heralds economic growth 06African Banker’s
World Round-up of the last quarter in Africa’s banking industry 18New Appointments
Who has moved where 24 Cover Story
Banking in East Africa A new powerhouse in the making Small firms, big impact KCB – the big picture
Sovereign Wealth Funds What are they and what are they good for? 40Profile
Sanusi – the man behind the myth 44Market Eye
Africa’s bourses shaken and stirred 48capital markets
Rwanda SE ushers in New Age economics