06/26/2019
The Tanzanian shilling has been broadly stable since the beginning of the year and the International Monetary Fund said in an April report that the real value of the currency is “broadly in line with fundamentals”.
06/26/2019
Regulation to be separate from mining sector’s, minister says
06/26/2019
The Bank of Ghana has authorised a merger between Access Bank and Diamond Bank in Nigeria.
06/26/2019
Through a circular to the chief executives of DT-Saccos, seen by The EastAfrican, the industry regulator said the existing regulatory framework governing the operations of DT-Saccos is inadequate and has left customers exposed to market abuse.
06/25/2019
Migration trends threaten to exacerbate the region's socioeconomic troubles.
06/25/2019
The collaboration would also see the two institutions build a framework for settlement of trade in a manner which meets the GCX’s prompt settlement promise of within 24hours.
06/25/2019
The banks will end up collapsing again because the LCs are coming from the banks…” he said at a minority press conference held to address concerns in the energy sector debt at Parliament House.
06/25/2019
This will help mop up as much as ZWL1.2 billion, with experts saying this was meant to deal with excess liquidity on the market.
06/24/2019
With immediate effect, the U.S. dollar, South African rand and other foreign currencies will no longer be recognized as legal tender in the southern African nation
06/24/2019
The SME sector plays a very important role in creating jobs and fostering sustainable economic growth.
06/24/2019
The act sets out the rules and principles governing the collection, use, disclosure and care for personal data or information by a data controller or processor.
06/23/2019
The meeting, according to the Chinese Foreign Affairs ministry, is aimed “at discussing an implementation” plan of last year’s heads of state FOCAC summit agenda on security, trade and development, and specifically the $60b (about Shs224
06/21/2019
The government has set aside 100 billion rand (about 6.9 billion U.S. dollars) for the Infrastructure Fund announced by Ramaphosa in February.
06/21/2019
The introduction of a new currency is crucial to his efforts to revive the economy, said Mnangagwa
06/21/2019
He also said that the bank will not tolerate lenders who want to frustrate the taxpayers through loans.
06/21/2019
Next year it plans to launch an overdraft facility in a bid to make the new account, called MyWorld and which it says is already the cheapest on the market, more attractive.
06/20/2019
The governor who spoke during the rollout of Stawi loan app at Kondele market in Kisumu underlined the need for digital lenders to be guided by the interest rates caps introduced in 2016.
06/20/2019
The scams have largely featured procurement anomalies and unusually huge financial transactions in banks, through which public money is siphoned.
06/20/2019
CBK Governor Patrick Njoroge has raised concerns over the increasing number of mobile loan apps.
06/20/2019
South African bank, First National Bank, issued an apology on Wednesday, 19 June 2019, after customers mistakenly received large amounts of money in their bank accounts.