06/18/2026
The White Paper that may have led to CBN’s sweeping HoldCo regulations
The Central Bank released an exposure draft last week that outlined sweeping new regulations that guide how financial holding companies operate in the country.
Regulation,Tax & Compliance
06/18/2026
Bank of Mozambique Suggests Regulating Artificial Intelligence in the Banking Sector
“This is not about stifling innovation, but rather about creating clear rules that ensure these tools are used safely, transparently, responsibly, and with respect for consumer rights,” he said at the opening of the BdM’s 17th Scientific
06/18/2026
Bank of Ghana Governor urges banks to fund entrepreneurs, support exports
Dr Asiama made the call at the opening of an engagement with banking sector executives in Accra.
06/17/2026
BdM: Cash in Circulation Increased by 5% in April
In December 2025, the central bank had recorded a peak of approximately $1 billion in circulation, capping a series of monthly increases observed since September.
06/16/2026
Ghana Central Bank Orders Regulated Institutions to Halt Support for Unauthorized Crypto FX Wallets
It added that because the crypto platforms do not have the necessary approvals, any bank infrastructure supporting such services is illegal.
06/16/2026
President Enacts Law Establishing Mozambique Development Bank
With this step, an important stage of the legislative process that led to the creation of the new institution has been completed.
06/15/2026
BoG orders banks to cut ties with unauthorised crypto platforms
The regulator stressed that crypto platforms involved have not been authorised to undertake such activities in Ghana.
06/12/2026
Ghanaian and Zambian currencies expected to gain
LSEG data showed the cedi trading at 11.30 to the dollar, compared to 11.80 a week earlier.
06/11/2026
Standard Bank fraud warning for South Africa
These taxpayers usually have simple tax affairs with no additional income sources, and they are either auto-assessed or submit their tax returns once during Filing Season every year.
06/11/2026
Major work-from-home proposal officially tabled in South Africa
This is being driven by continuous increases in fuel prices, rising medical-aid contributions, escalating food prices, electricity costs, and other living expenses.
06/11/2026
South African central bank sees financial system staying resilient despite Iran war
The SARB’s quarterly projection model now suggests another interest rate increase in 2026 after a 25-basis-point hike at its policy meeting on May 28.
06/11/2026
CBK Forecasts Continued Kenyan Shilling Stability Against U.S. Dollar in New Outlook
The dollar currently trades at Ksh129.41, a rate that the CBK says reflects growing confidence in Kenya's monetary framework.
06/09/2026
FG sets 12-month deadline for HR officers certification compliance
The circular, addressed to all ministers, permanent secretaries, and heads of government agencies and parastatals, stated that the directive was issued in furtherance of earlier circulars on the professionalisation of human resource management in the Fede
06/08/2026
CBN tightens FX rules, imposes N100m fine on banks
Under the revised rules, authorised dealer banks found to have consummated foreign exchange transactions without adequate documentation will pay a N100 million fine in addition to N10 million for each affected transaction.
06/05/2026
Mahama challenges global financial system, demands fairer debt reforms for Africa
The President argued that African countries continue to pay a premium for financing even as they pursue growth and economic transformation.
06/05/2026
Naira strengthens below N1,360/$, first time in four weeks
The latest appreciation marks the first time the local currency has traded below the N1,360/$ threshold since May 7, 2026, reinforcing signs of improving stability in the foreign exchange market.
06/04/2026
Nice surprise for South Africa
Government debt has now stabilised and is forecast to decline this year, and over the medium term, Pieterse said, marking a key milestone in South Africa’s fiscal consolidation efforts.
06/04/2026
Development Bank of Nigeria disburses over N1 trillion to MSMEs
The bank’s core mandate is to improve access to finance for micro, small and medium enterprises, which are widely regarded as the backbone of the Nigerian economy.
06/03/2026
CBN bets on rules to stabilise FX market
Exporters often questioned whether existing procedures encouraged them to repatriate earnings through official channels.
06/03/2026
CBN grants approval to Abbey Mortgage Bank for Commercial Banking
The approval is expected to unlock a major strategic milestone for the company, allowing the bank to expand beyond mortgage financing into comprehensive commercial banking services.