Kenya
Kenya: Banks report CBK to IMF over lending rates freeze
Multiple bank executives have protested to the International Monetary Fund (IMF) over the Central Bank of Kenya’s (CBK) reluctance to approve lenders’ applications ...
News
Tanzania: NMB Bags 2021 Tanzania’s Safest Bank Award
NMB Bank Plc has once again proved its market leadership, unrivaled financial stability and readiness to serve the country after scooping the safest ...
Intelligence
Nigeria: Electricity, banking, aviation top 2021 consumer complaint chart — FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) says electricity has again topped its 2021 consumer-related complaints chart just like in 2020. The ...
Intelligence
Zimbabwe: Telecoms Sector Maintains Growth
Zimbabwe’s telecoms and postal services maintained a growth trajectory during the third quarter to September 30, 2021 on the back of strong performances ...
Africa
Algeria: Electronic Payment – Over Two Million Commercial Transactions Recorded in 2021
Algerian Prime Minister and Minister of Finance, AĂŻmene Benabderrahmane has disclosed that during the year 2021, more than two million “commercial operations via ...
Innovation
Uganda: KCB Introduces ATM Recycler Machines in Banking Halls
KCB Uganda has rolled out ATM recyclers at select banking halls across the country, as a way of enhancing customer experience and improving the ...
Kenya
Kenya: Law to Regulate Digital Lenders Takes Effect
The Central Bank of Kenya (Amendment) Act 2021, that will allow the CBK to license and supervise digital lenders has come into effect ...
Egypt
Egypt invests big in building digital skills to meet IT and outsourcing demand
Egypt’s ITIDA has organized an annual Employment Fair to be attended by 40 global and local ICT companies bringing job opportunities closer to young Egyptian ...
Intelligence
Kenya: Communications Authority Slashes Calling Rates Effective January 1
The Communications Authority of Kenya (CA) has cut the rate mobile phone operators charge each other for interconnecting customers by Sh0.87 or 87.7 ...
Intelligence
Nigeria: CBN policy to drive up diaspora remittances in 2022 – WorldRemit
Diaspora remittances into Nigeria is set to surpass Foreign Direct Investment (FDI) for the second consecutive year given some of the favourable policies instituted ...