Kenya
Kenya: CAK penalises Royal Mabati Sh2.6m for defrauding customers
Summary Royal Mabati Factory has lost an appeal to overturn a Sh2.65 million penalty for misleading customers that they deliver purchased roofing products ...
News
Nigeria: Gokada opens up investment opportunity for logistics companies, private businesses & Individuals
Nigeria’s fastest-growing e-commerce logistics company, Gokada has announced its strategic G-Partner investment initiative which allows other logistics companies and private entities to increase their earnings ...
Ghana
Ghana: Tecnotree deploys digital transformation suite for MTN Ghana
MTN Ghana, has selected Finnish-based Tecnotree to deploy its digital transformation suite, enabling the operator to meet enterprise market demand and provide augmented ...
Kenya
Kenya: Kenyan government seeks to control Safaricom call charges
The Kenyan government wants to control the rates that Safaricom charges rivals for terminating calls on its network to protect small telecommunications firms. ...
News
South African Reserve Bank places Ubank under curatorship
Ubank, a South African bank that mainly targets blue-collar workers and those in the mining sector, has been placed under curatorship by the ...
News
Zimbabwe: RBZ Lifts Suspension On Lending Services By Banks
The Reserve Bank of Zimbabwe (RBZ) has, with immediate effect, lifted the temporary suspension on lending services by banks. In a statement, Tuesday, ...
Kenya
Kenya: Standard Chartered Posts Sh2.7 Billion Profit in Q1 2022
Standard Chartered Bank Kenya has posted a Sh2.7billion net profit for the first quarter of 2022, a 16 per cent growth compared to ...
News
Nigeria: UBA processes over 25,000 trade transactions in Nigeria between Jan-Apr 2022
Africa’s Global Bank, United Bank for Africa (UBA) Plc says it has processed over 25,000 trade transactions in the last four months. The ...
Egypt
Egypt: Egypt remains top recipient of FDI in Africa for 5th year in a row
Egypt has remained as a top recipient of foreign direct investment in Africa for the fifth year in a row in 2020/2021, reaching ...
Nigeria
Nigeria: Crypto enthusiasts await CBN’s response to SEC regulation of digital assets
The Securities and Exchange Commission’s recent rules to regulate digital assets including cryptocurrencies in Nigeria have brought the CBN’s stance on digital assets ...