News
Tanzania: Tcra Warns Illegal Courier Operators
Tanzania Communications Regulatory Authority (TCRA) has said it will take legal actions against companies or individuals providing courier services without having a valid ...
Liberia
Liberia: UBA Records 33 Percent YoY Profit Growth, Declares 20k Per Share Interim Dividend
Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited half year financial results for the half year ended ...
News
CBN to establish Nigerian International financial Centre to attract foreign investors
The Central Bank of Nigeria (CBN) has announced that the Nigerian International Financial Centre (NIFC) will be established to act as a gateway ...
Ghana
Ghana: Mastercard partners Global Accelerex to promote electronic payments
Mastercard has partnered with Global Accelerex Ghana, a licensed financial technology company that is into the provision of electronic payment systems and devices ...
News
Nigeria: FirstBank wins Private Bank of the Year award
First Bank of Nigeria Limited, has been awarded the Private Bank of the Year 2021 by Global Finance, the voice of the global market ...
News
Uganda: Regulator Sets Tough Terms Before Africell Exits Uganda
Africell Uganda is not only seeking to end its loss making and debt-ridden business, it has less than a month to come up ...
News
Zimbabwe: RBZ Auction Allotments Overtakes Interbank Market By 27 Percent
Reserve Bank of Zimbabwe (RBZ) auction system’s foreign currency allotments have surpassed Interbank market payments by 27%, a development which proves that the ...
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 ...