07/06/2015
The country is still reeling in shock after it was reported that a former city hall official who is suspected of corruption stashed the proceeds of his alleged crooked dealings in local banks and the local property market.
07/03/2015
The Basel III global reforms to strengthen bank supervision and regulation are kicking in, affecting how finance can operate elsewhere in Africa.
06/30/2015
Senior unsecured debt holders will have 90 percent of their claims exchanged for new unsecured notes
06/30/2015
The sources, who spoke on condition of anonymity, accused banks of not declaring the true levels of non-performing loans.
06/29/2015
Bank customers in Nigeria are reported to be rushing to register for their biometric banking cards as the deadline for the compulsory BVNs looms.
06/26/2015
The Bank of Portugal urged central banks in Portuguese-speaking Africa to raise supervision standards to the European banking union's tougher requirements to avoid capital cost hikes for European banks in Africa.
06/25/2015
The regulator announced the probe May 19 into lenders including Citigroup Inc. and JPMorgan Chase & Co.
06/23/2015
The Central Bank of Kenya has t lifted the suspension on Dahabshiil Kenya, a money transfer business, with immediate effect
06/23/2015
The new regulatory regime will make hedge funds subject to legislation that govern other investment funds
06/23/2015
South African policy makers have been preparing the market for an increase in the benchmark rate as prices climb
06/19/2015
Nigeria’s central bank will meet with banking executives and currency dealers on Friday and will probably discuss foreign-exchange trading restrictions, people familiar with the matter said.
06/19/2015
A credit boom in sub-Saharan Africa that has fuelled an expansion in infrastructure projects across the region is fading out as higher borrowing costs threaten a pipeline of new deals.
06/19/2015
Opportunities to invest in Africa and the role that International Finance Centres can play in facilitating growth in the continent will form the focus of an event to be held by Jersey Finance in London next week.
06/18/2015
The Bank of Namibia just put out a great explainer on monetary policy.
06/18/2015
Stanbic IBTC would be among the first banks to publish such a list after the regulator ordered lenders in April to crack down on non-performing loans to forestall a repeat of a 2009 industry bailout that cost the government $4 billion.
06/17/2015
My Approach Njoroge has been nominated as the ninth governor of the Central Bank of Kenya.
06/15/2015
Banks being investigated for currency collusion remain tight-lipped about the effect of the probe and whether they knowingly allowed the practice in the first place
06/15/2015
Leap Africa, Lafarge Africa and Sterling Bank have tasked start-ups, micro, small and medium enterprises to mitigate and skilfully manage risks to maximise profits and sustain growth.
06/12/2015
Kenya’s government increased minimum capital requirements for the East African nation’s banks by fivefold to promote competition
06/12/2015
It’s back to the good old U.S. dollar for the troubled African nation