10/26/2020
It added that additional external assistance may ease some of these constraints over the short term, but ultimately countries will have to consolidate their fiscal positions to put debt back on a sustainable footing without jeopardizing longer-term growth
10/25/2020
Issues by the Ministry of Financial Services and Good Governance on 25 October 2020
10/23/2020
Botswana's economy shrank by 24% in the second quarter of 2020
10/23/2020
The announcement of the central bank rate on Thursday was delayed by nearly a week with banking industry insiders claiming the central bank’s Monetary Policy Committee meeting scheduled for last week had been postponed.
10/22/2020
President Uhuru Kenyatta, who officiated the opening of the CBK Kisii branch, said its presence would also ease access to money sent from outside the country.
10/22/2020
She said this in a speech delivered on her behalf by Mr Alexander K. K. Abban, Deputy Minister of Communication at a forum with industry players on the impact of COVID-19 on the private sector.
10/22/2020
The AgriPitch competition is open to youth aged 18 to 35 who hold African nationality or citizenship and who submit their application online by 23rd October
10/22/2020
In spite of the huge number of Covid-related job losses and resulting failure of thousands of South Africans to keep up with their credit payments, the big banks are looking remarkably steady.
10/22/2020
The agreement focuses on increased engagement and knowledge-sharing between the two institutions and ensures enhanced cooperation in co-financing public and private sector projects
10/21/2020
They spoke during a panel event to discuss their organizations’ role in post-COVID-19 environment as part of a day-long public forum on investing in Africa’s future
10/21/2020
TymeBank offers a modern alternative to traditional banking brands and aims to make banking more accessible and affordable to all South Africans
10/21/2020
“We know that these remittances go into paying things like medical bills, for education and various needs for their families.
10/21/2020
South Africa's economy has been under pressure after its growth declined for three consecutive quarters.
10/21/2020
This means cost of borrowing will stay largely same during the period.
10/20/2020
The pandemic has put increased pressure on Tanzania’s health facilities, social protection systems and has dampened the country’s projected growth of over 6.2%
10/16/2020
Operating in China since 2000 through its representative office, the Bank of Africa is one of the first African banks to obtain approval to open a branch in Shanghai.
10/16/2020
“It is not mandatory for a foreign bank to establish a representative office in Uganda in order to conduct lending.”
10/16/2020
Although the Bank of Uganda’s statement doesn’t override the ruling, its position enhances the local bank’s chances of success at the appeals court.
10/15/2020
Though the Bank of Uganda’s position does not override the court’s ruling, it boosts chances of a successful appeal by Diamond Trust Bank (DTB), which was the subject of a commercial court ruling.
10/15/2020
Beijing says it will also waive interest-free loans due to mature by the end of 2020 for 15 African countries