Africa
Namibia: Central Bank Launches Three-Year Strategic Plan
The Bank of Namibia this week launched a three-year strategic plan which provides a solid platform for the bank to conduct monetary policy, ...
Regulatory
ICASA grants 6 provisional spectrum licences to qualifying operators
The Independent Communications Authority of South Africa (ICASA) has announced that it has granted licences to six electronic communications network operators for provisional ...
Kenya
Kenya: ViewTech gets CBK nod to take on M-Pesa
Nairobi-based electronic payments firm ViewTech has been authorised by the Central Bank of Kenya (CBK) to facilitate in-person payments through the mobile phone ...
Global
FCA to double fees charged to regulated firms
The Financial Conduct Authority is proposing to double the fees charged to member institutions under its ambit. Under the proposals, the minimum fee, ...
Nigeria
Nigeria: FCCPC says joint committee has commenced investigations of money lending fintechs
The Federal Competition and Consumer Protection Commission (FCCPC) says the joint regulatory and enforcement committee to probe rights violation and unfair practices in ...
Global
Tenpay fined for violation of foreign exchange rules
China has fined Tenpay, an online-payment unit of Tencent Holdings, USD 438,000 for violating foreign exchange rules amid growing regulatory scrutiny of the nation’s fintech ...
Kenya
Kenya: CBK retains base lending rate at 7%
The Central Bank of Kenya (CBK) on Monday retained the base lending rate at 7 percent for the eleventh time in a row ...
Nigeria
Nigeria: SEC Warns Companies, Registrars to Stop Selective Dividend Payments
The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars against the practice of making selective payments and distribution ...
Global
RBI fines SBI, 2 payment system operators
The RBI has imposed a Rs 1-crore penalty on SBI for contravention of the Banking Regulation Act and holding shares in borrower companies ...
Global
South Korea Financial Regulator May Impose Tax On NFTs
Amid the ongoing controversy surrounding virtual asset taxation in the country, South Korea’s Financial Authority recently proclaimed non-fungible tokens (NFT) as taxable. On ...