News
Nigeria: Adebise, GMD of Wema Bank, Resigns
Mr. Ademola Adebise, Group Managing Director (GMD), Wema Bank, has submitted his letter of resignation to the bank. According to reports, Adebise, who ...
Kenya
Kenya’s GDP Growth Slowdown in Q3
Kenya’ gross domestic products (GDP) growth printed at 4.7per cent year-on-year in the third quarter of fiscal year 2022, representing 9.3% decline in ...
Morroco
Morocco’s Central Bank Announces Completion of Bill to Regulate Use of Cryptocurrencies
The Governor of Morocco’s Central Bank (Bank Al-Maghrib) has announced that legislation for the use of cryptocurrencies in Morocco is now complete. During ...
Kenya
Kenya: Norwegian Firm Wakandi Gets CBK Nod to Offer Online Payment Services
Norwegian start-up Wakandi has secured a regulatory licence from the Central Bank of Kenya (CBK) to provide digital payment services. The payment service ...
Ghana
Ghana: GRA announces complete reversal of benchmark discount policy on goods, vehicles from January 1, 2023
The Ghana Revenue Authority (GRA) has announced a complete reversal of the discount on the Free on Board (FOB) value of general goods ...
News
Zambia : ZACA Calls For Reforms To Laws That Govern Mobile Service Providers
The Zambia Consumer Association – ZACA says customers may still not get better services, quality, and value for money from the impending operationalization ...
Ethopia
Ethiopia: Safaricom Ethiopia Expands Network and Services to 5 Cities
Safaricom Ethiopia has announced the expansion of its network and services to five more cities in Ethiopia, bringing its total coverage to 21 ...
News
SA: South Africa’s private sector credit up 8.30% y/y in November
South Africa’s private sector credit expanded 8.30% year on year in November, after rising by 9.34% in October, central bank data showed on ...
Ghana
Ghana: Cedi projected to depreciate by 22% in 2023 – EIU
The Ghana cedi has been projected to lose about 22% to the dollar in 2023. This is noted to move the cedi to ...
News
Nigeria: Customers lament poor circulation of new banknotes
Bank customers have lamented continued lack of the redesigned banknotes at Automated Teller Machines (ATMs) and over-the-counter transactions. They said the poor circulation ...