Kenya
Kenya: Telkom Loses 721,348 Subscribers in Ongoing SIM Registration Exercise
Telkom Kenya lost 721,348 subscribers in the quarter ended June 2022 as the ongoing sim card registration by the industry regulator saw the ...
News
SA: Sarb Pushes Repo Up to Pre-Covid-19 Levels
THE South African Reserve Bank (SARB) has increased the benchmark interest rate by 75 basis points to 6,25%, back to pre-Covid-19 levels – ...
Egypt
Egypt: Abu Dhabi Commercial Bank and Sympl partner to offer BNPL solutions to debit card holders
Abu Dhabi Commercial Bank and Sympl partner to offer buy now and pay later (BNPL) services to the bank’s debit card holders with ...
News
Nigeria: External Reserves Dip Ahead of CBN $1.7bn FX Backlog Payment
Ahead of a scheduled $1.7 billion foreign currencies (FX) backlog payment, Nigeria has seen its external reserves drooping for the third week amidst ...
Kenya
Kenya: Most Consumers to Continue Shopping Online Post-Pandemic
A new survey on consumer perceptions and behaviours towards brands conducted by the Madrid-based global communications agency, MARCO, revealed many people in Sub-Saharan ...
Ghana
Ghana: Fitch Downgrades Ghana on High Risk of Debt Distress
With limited external reserves buffer amidst expectation that Accra will pursue debt restructuring, Fitch Ratings said it has downgraded Ghana’s Long-Term Local- and ...
News
SA: MTN Announces Appointment of New Executive for Group Legal
MTN Group has announced the appointment of Fatima Laher as Group Executive: Group Legal, effective 1 October 2022. Fatima re-joins MTN from Samsung ...
Ghana
Ghana: MTN controls 72% of data market share, Vodafone 13%, AirtelTigo 13%
With an estimated population of 31,439,251, the total subscriptions of data in Ghana as of the end of June 2022 was 23,723,582, the ...
News
Zimbabwe: IMF says gold coins missed chance to build Zimbabwe reserves
The gold coins that have been in circulation in Zimbabwe for almost three months are a missed chance to build the nation’s gold ...
News
Nigeria: Digital Bank FairMoney Partners Oradian to Accelerate Market Growth
FairMoney, a credit-led mobile banking platform for emerging markets in Africa and Asia, has partnered with Oradian, a cloud-based core banking system, to ...