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Nigeria: FG announces plan to regulate Netflix and other streaming services

The Federal Government of Nigeria has hinted on new moves to introduce censorship laws and regulatory framework for Over-The-Top (OTT) streaming services and ...

By Regtech AfricaDecember 3, 20210

Kenya

Kenya: KCB cancels acquisition of Tanzanian bank

KCB Group has cancelled its plan to acquire a Tanzanian lender from London-listed Atlas Mara Limited, citing regulatory hurdles. KCB in late November last ...

By Regtech AfricaDecember 3, 20210

News

Nigeria: NCC Shortlists MTNN, Airtel, Mafab for 5G Spectrum Auction

The Nigerian Communications Commission (NCC) has announced MTN Nigeria Communications Plc, Airtel Networks Ltd and Mafab Communications Ltd., as approved bidders of the ...

By Regtech AfricaDecember 3, 20210

Kenya

Kenya: Sh27bn bad loan cut drives top banks’ profits

Kenyan top banks saved up to Sh27.2 billion in the nine months to September on lower costs of handling defaults as borrowers resumed ...

By Regtech AfricaDecember 3, 20210

News

Uganda’s Foreign Exchange Reserve Rises to Shs15 Trillion – IMF

The International Monetary Fund (IMF) has said Uganda’s foreign exchange reserve level now stands at $4.3b (Shs15.4trillion) following the disbursement of Special Drawing ...

By Regtech AfricaDecember 3, 20210

News

South Africa: SARB Publishes Interest Rate Benchmark Report

The South African Reserve Bank (SARB) has published the Technical Specification Paper (TSP) report on public comments received on the draft statement of ...

By Regtech AfricaDecember 3, 20210

Ken Ofori Atta Finance Minister 1200x600 1

Ghana

Ghana: Government to Reduce e-Levy From 1.75 Percent to 1.5 Percent – Afenyo-Markin

Deputy Majority Leader, Alexander Afenyo-Markin has said that the electronic transaction levy (E-levy) will be reduced from 1.75% to at least 1.5%. According ...

By Regtech AfricaDecember 3, 20210

News

Zimbabwe: RBZ Auction Disqualifies 547 ‘Dubious’ Bids

Reserve Bank of Zimbabwe (RBZ) foreign exchange auction Tuesday disqualified a total 547 suspicious bids as the authorities sniff out chancers who intend ...

By Regtech AfricaDecember 3, 20210

Kenya

Kenya: CBK will not cap interest rates charged by digital lenders

Central Bank of Kenya (CBK) will not cap interest rates charged by digital lenders who might soon be put under the financial regulator’s ...

By Regtech AfricaDecember 2, 20210

News

Fitch Assigns GTCO ‘B’ Rating, Says Outlook Stable

Fitch Ratings has assigned Nigeria-based Guaranty Trust Holding Company Plc (GTCO) a Long-Term Issuer Default Rating (IDR) of ‘B’ with a stable outlook ...

By Regtech AfricaDecember 2, 20210

Nigeria: FG announces plan to regulate Netflix and other streaming services

Kenya: KCB cancels acquisition of Tanzanian bank

Nigeria: NCC Shortlists MTNN, Airtel, Mafab for 5G Spectrum Auction

Kenya: Sh27bn bad loan cut drives top banks’ profits

Uganda’s Foreign Exchange Reserve Rises to Shs15 Trillion – IMF

South Africa: SARB Publishes Interest Rate Benchmark Report

Ghana: Government to Reduce e-Levy From 1.75 Percent to 1.5 Percent – Afenyo-Markin

Zimbabwe: RBZ Auction Disqualifies 547 ‘Dubious’ Bids

Kenya: CBK will not cap interest rates charged by digital lenders

Fitch Assigns GTCO ‘B’ Rating, Says Outlook Stable

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African Newspage, Project Syndicate Announce Content Partnership

Yango Group launches Yango Ventures to support African startups and foster local innovation

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