07/19/2019

Botswana companies upbeat about economy in 2Q: central bank

Positives expected to propel the economy are being derived from the political climate, domestic demand and the current exchange rate, which are viewed as being the most supportive factors to doing business in Botswana during the second quarter of 2019.

07/16/2019

Kenyan banks face lower earnings as bad loans rise

Last year, the sector’s total income grew by a modest 3.3 per cent, a turnaround from a 4.8 per cent decline in 2017, largely buoyed by increased interest income on government securities, with the top banks investing heavily in Treasury bills and bo

07/14/2019

15,000 dead pensioners axed from State payroll

The State had been paying relatives and dependents of dead people retirement benefits, helped by the growing use of ATM cards and mobile banking, which do not require the physical presence of beneficiaries in banking halls.