News
Tanzania: Govt Tightens Screws On Forex Trade
The Tanzanian government has imposed new measures, including having a capital of about 1bn /- for a businessman who wants to run a ...
Regulatory
SOUTH AFRICA:SARS MAKES GOOD ON ITS PROMISE TO COME DOWN HARD ON NON-COMPLIANT TAXPAYERS
The South African Revenue Service is making good on its promise to chase after taxpayers who are non-compliant, having been discussed for months ...
Egypt
EGYPT: ELECTRONIC BANKING TRANSACTIONS HIT 1 BILLION,WORTH OVER EGP 2.8TRN IN FY 2020/21 – CBE
The Egyptian banking system implemented about one billion electronic transactions, with a value exceeding EGP 2.8trn, during fiscal year (FY) 2020/21, compared to ...
Innovation
Nigeria gets nod for 5G roll out
The Federal Government of Nigeria has approved the deployment of the 5G (Fifth Generation Network) in the country. According to a statement by ...
News
Nigeria: Fidelity Bank Reports 72.4% Increase in PBT To N20.6bn
Fidelity Bank Plc has announced a profit before tax of N20.6billion for half year ended June 31, 2021 as against the N12billion in ...
Africa
Interswitch partners Codebase Technologies
Interswitch has partnered with Codebase Technologies (CBT), a global Open API Banking solution provider, to accelerate the digital banking transformation across the African continent. Codebase ...
Regulatory
Rwanda: Central bank warns merchants against transferring MoMo Pay fees to clients
The National Bank of Rwanda (BNR) has warned businesses against transferring the recently reintroduced fees on MoMo Pay transactions to clients. Mobile Money Rwanda on September ...
Morroco
Morocco’s Central Bank Governor Among Top 10 Central Bankers – Global Finance
Morocco’s Central Bank (Bank Al-Maghrib-BAM) governor Abdellatif Jouahri was ranked among the top 10 best central bankers, according to the American magazine ‘Global ...
Africa
Tunisia: Central Bank’s Nadia Gamha Named New AFI Representative for Mena Region
Deputy Director of the Central Bank of Tunisia (BCT) Nadia Gamha has been named member of the Alliance for Financial Inclusion (AFI)’s Board ...
News
Rwanda: Central Bank of Rwanda Provides Economic Update
The Central Bank of Rwanda updated the country on the state of the economy in the first half of the year during the ...