Kenya
Kenya: Bolt Kenya Ordered to Compensate Driver $662,743 and Rectify Account Deactivation
Bolt Kenya has been instructed to pay 1,000,008,000 Kenyan shillings ($662,743) to one of its drivers, Kennedy Wainaina Mbugua, by Friday, November 3. ...
Africa
Bento Publishes Pan-African White Paper on Taxation
Lagos, Nigeria – 30th October 2023 – Bento, a pan-African digital payroll and HR Management (HRM) platform with tax remittance capabilities, has today published Africa’s first-of-its-kind White ...
News
Nigeria: NDIC Refunds N1.2 Billion to Depositors of Liquidated Microfinance Banks
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it continues to refund more depositors of microfinance banks (MFBs) whose licenses were recently ...
News
Seychelles Promotes “Cash-Lite” Approach to Support Vulnerable Groups
Seychelles is taking a “cash-lite” approach to ensure that specific segments of the population, which are less adaptable to change and heavily rely ...
Ghana
Ghana: UBA Ghana Appoints Kenneth Owusu Asante Amponsah as Chief Risk Officer
UBA Ghana Limited is proud to announce the appointment of Kenneth Owusu Asante Amponsah as the Chief Risk Officer of the bank. Kenneth ...
Kenya
Kenya Introduces New Digital ID Legislation with Added Facial and Iris Biometrics
The Kenyan government has revised and gazetted legislation to accommodate a new biometric citizen registration method for an upcoming digital ID system pilot. ...
News
Nigeria: Central Bank of Nigeria Dismisses Naira Redenomination Rumors
The Central Bank of Nigeria (CBN) has refuted recent reports suggesting that it intends to redenominate the country’s local currency, the naira. In ...
News
Nigeria: GTCO and Zenith Bank Compete for Market Valuation Supremacy
GTCO and Zenith Bank are in a fierce race for market supremacy and have made it to the N1 trillion valuation category for ...
News
Nigeria: Naira Loses Ground, Trading at 1,180/$ Following Recent Gains
The Nigerian naira has weakened in recent trading, opening at 1,180 naira to the US dollar on Monday, compared to 1,150 naira to ...
Africa
UBA Reports Remarkable Q3 Revenue Growth of 115.2%, Reaching N1.31tn
United Bank for Africa (UBA) has achieved significant revenue growth, with a remarkable increase of 115.2% to N1.31 trillion in the first nine ...