08/04/2020
The African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution with the mandate of financing and promoting intra-and extra-African trade.
08/04/2020
growth, and borrowing from parent companies had funded banks investments
08/04/2020
The proposal was first introduced in parliament in October last year by nominated MP Gideon Keter.
08/04/2020
In addition, start-ups in the ecosystem will benefit from exposure to a major corporate like Standard Bank.
08/03/2020
Trade finance represents the financial instruments and products that are used by companies to facilitate international trade and commerce
08/03/2020
UBA has set in motion all appropriate legal actions to ensure that the misleading reports are retracted and the perpetrators held accountable for their actions.
08/03/2020
Africa isn’t included on the virtual asset regulatory map just yet.
08/03/2020
The regulatory muscle being flexed by the bourse, and questionable claims of independence by some corporates.
08/03/2020
To date, the Reserve Bank said over 98% of deposit balances guaranteed by government have been claimed.
08/03/2020
The regulatory muscle being flexed by the bourse, and questionable claims of independence by some corporates
08/02/2020
To help the battered economy and fight the pandemic, South Africa has borrowed $4.3 billion from the IMF, R5 billion from the AfDB and $1 billion from the New Development Bank.
07/31/2020
Banks are taking a cautious approach in extending fresh credit in an environment where corporates and individuals are increasingly seeking extension on their loan repayments due to liquidity challenges.
07/31/2020
Kenya’s remittances recovered sharply in June to Sh31 billion ($288 million) -- the second highest inflow in a single month-- after the sharp dip in April as coronavirus continued to hit the world economy.
07/31/2020
He also believed that his record would ensure his smooth re-election as president of the AfDB.
07/31/2020
The AIIB membership provides powerful guarantees of governments' policy directions
07/31/2020
The former central bank governor has advocated pro-business reforms that have met opposition from some factions within the ruling party and its communist and labor union allies, which seek more government control over the economy.
07/31/2020
Access Bank, with its headquarters in Lagos, is one of the leading full service commercial banks operating through a network of 600 branches and service outlets in three continents.
07/31/2020
The Reserve Bank has been adamant that its buying of government debt in the secondary market since March is aimed at reducing market dysfunction, and is not quantitative easing.
07/30/2020
It highlights the financial struggles of many workers who had borrowed loans on the strength of their pay slips only to later suffer pay cuts, unpaid leave or even layoffs in certain cases.
07/30/2020
The Bank of Ghana in September 2017 raised the minimum capital reserve requirement from GHS 120 million to GHS 400 million for all universal banks in Ghana.