12/23/2019
Luke Ombara, CMA’s director in-charge of regulatory policy and strategy told The EastAfrican that several big firms, whose identity he declined to disclose, have kept off the market because of the high free float requirement.
12/23/2019
The move could pave the way for the 15-member ECOWAS bloc, which contains some WAEMU nations, to follow suit in adopting the new currency.
12/22/2019
The cannabis industry in Lesotho is taking off after becoming the first African country to legalise the drug for medicinal use.
12/20/2019
A bank's LDR is calculated by comparing its total loans to its total deposits for the same period. A high loan to deposit ratio means that the bank is issuing out more of its deposits in loans
12/20/2019
The state IGR board assured Ecobank Nigeria of continuous support and sustained business relationship.
12/20/2019
The GRA added: “By copy of this letter, Deputy Commissioner LTO is to ensure that this agreement is implemented.”
12/20/2019
For breaching its conditions by unlawfully promoting an unauthorised product
12/20/2019
But definition and categorisation of virtual currency is creating difficulties.
12/20/2019
South Africa is Zimbabwe’s top trading partner and its de-risking from Zimbabwe as a result of both US and EU sanctions will have debilitating effects on both the stability and the strength of the local banking sector.
12/19/2019
A greater rate of development is made possible by the biggest capital increase in the bank’s 55-year history.
12/19/2019
Emerging from nearly three decades of conflict and instability, Angola has seen corruption manifest in the form of bureaucracy, embezzlement of public resources, systematic looting of state assets, and a deeply entrenched patronage system that operates ou
12/19/2019
Mugubi’s brother Former Inter Milan Midfielder McDonald Mariga is the brand ambassador of betting firm Betin.
12/19/2019
Exclusive LIfe said it had taken reasonable steps to inform its affected clients on the news that its licence had been provisionally withdrawn.
12/18/2019
The purpose of this article will be to provide a brief overview of the current legislative framework to determine the extent and nature of the risk and liabilities associated with the existing cryptocurrency marketplace.
12/17/2019
Vodacom M-Pesa customers can now receive money instantly from over 50 countries worldwide using the WorldRemit app or website
12/17/2019
KCB Group was appointed its manager and the central bank had promised to return the bank to normal operations by the end of the first quarter of 2017 but this has been pushed back.
12/17/2019
The main objective of this meeting was the opening of the bank's branch for Central Africa, recently assigned to Cameroon.
12/16/2019
Numerous economic analysts have stated that strategies like this aren’t always effective from a long-term perspective, but they might induce the illusion that there is extra money available short-term.
12/16/2019
The goal is to expand the program to 130 centres of excellence across Africa over a 10-year period
12/16/2019
The Sovereign Council recently appointed Badr al-Din Abdel Rahim Ibrahim as a governor of the Central Bank after the resignation of the former governor.