Bank & Finance

Sep 18, 2017
It has been three years since the Central Bank of Nigeria introduced the Cashless Nigeria Policy. Its aim was to encourage the use of electronic systems for all monetary transactions.…
Sep 08, 2017
Capitec passed Nedbank as South Africa’s fourth-largest lender by value to extend a market-beating rally that has made it the country’s best performing stock. The shares of Capitec rose 2%…
Sep 06, 2017
Ecobank Ghana has disengaged 181 outsourced staff as it continues to expand on its digital agenda which seeks to place banking in the hands of its clients. With effect from…
Sep 01, 2017
GNA-Stanbic Bank Ghana has launched its latest Education Offering to present fast easy financial management solution for educational institutions as well as convenience to customers and students in the way…
Aug 28, 2017
African Rainbow Capital (ARC), the financial-services firm started by billionaire Patrice Motsepe, is close to getting the banking licence it needs to challenge the dominance of South Africa’s biggest lenders,…
Aug 14, 2017
Financial services provider, Alexander Forbes East Africa, has changed its corporate identity to Zamara following ownership changes that have seen Alexander Forbes Group of South Africa lose the majority stake…
Aug 12, 2017
Uganda's central bank left its key lending rate unchanged at 10 percent on Friday, saying economic activity was picking up. Bank of Uganda Governor Emmanuel Tumusiime-Mutebile said the economy had…
Aug 10, 2017
South Africa's Jacob Zuma, will preside over the launch of the African Regional Centre of the New Development Bank (NDB) on 17 August 2017. The President will be joined by…
Aug 09, 2017
The view that South Africa should look towards the International Monetary Fund (IMF) to be rescued from the unfolding economic meltdown seems to be growing by the day. It has…
Jul 24, 2017
South Africa's rand extended gains against an ailing dollar on Monday, as U.S. political ructions pushed the greenback close to a 13-month low against a basket of major currencies. At…
Jul 18, 2017
Madagascar has appointed Vonintsalama Andriambololona as the new minister of finance and budget, a statement from the presidency said on Tuesday, a day after the previous minister resigned, citing a…
Jul 18, 2017
South Africa's Reserve Bank is expected to leave interest rates unchanged at its July 20 meeting, according to a Reuters poll released on Monday, but economists expect a dovish statement…
Jul 17, 2017
Madagascar's finance minister announced his resignation on Monday following media speculation over differences of opinion between him and the president. "The conditions enabling me to successfully complete my mission are…
Jul 30, 2017
Zimbabwe’s Steward Bank has suspended payments to the pay-TV subsidiary of South Africa’s Naspers, citing unavailability of foreign currency, in a sign that dollar shortages are worsening in the southern…

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