Global

State Bank of Pakistan grants EMI license to NayaPay

Pakistan-based fintech NayaPay has earned commercial approval to operate as the first Electronic Money Institution in Pakistan, after a year-long pilot and inspection by the ...

By Regtech AfricaSeptember 6, 20210

Global

France fines JP Morgan USD 29.6 M in tax fraud settlement

US-based bank JP Morgan has agreed to a EUR 25 million euros (USD 29.6 million) fine in a settlement of a tax fraud ...

By Regtech AfricaSeptember 6, 20210

South Africa

SA: Fintech company E4 launches Stem programme for underprivileged female youth

A local fintech company E4 has launched a Girls in Stem programme targeting girls in under priviledged communities with the right support in ...

By Regtech AfricaSeptember 6, 20210

Nigeria

Nigeria: NCC Releases Draft Guidelines On SIM Registration, Replacement

The Nigerian Communications Commission (NCC) has published its draft regulatory instruments on SIM registration and replacement. The publication on the commission’s website is ...

By Regtech AfricaSeptember 5, 20210

Ethopia

Ethiopia: Safaricom Ethiopia to Go Operational in 2022

Safaricom Ethiopia PLC will start operating in 2022 as per the business license agreement, said Ministry of Finance. Discussing the progress and the ...

By Regtech AfricaSeptember 5, 20210

Innovation

Tanzania: Tigo Pesa partners BoA to Launch ‘Kibubu’

TIGO Pesa and the Bank of Africa (BoA) have launched a mobile money savings product dubbed as Tigo Pesa ‘Kibubu’ that enables their ...

By Regtech AfricaSeptember 5, 20210

Ethopia

Ethiopia: NBE Sets 10 Percent Minima for Banks’ Reserve

National Bank of Ethiopia (NBE) has announced that it has decided new minimum reserve amount for banks to be 10 per cent from ...

By Regtech AfricaSeptember 5, 20210

Regulatory

Zimbabwe: CBZ Bank Introduces Payday Loans

CBZ Bank has introduced an instant loan facility called Payday loan. The facility is open to CBZ clients and is disbursed within 24 ...

By Regtech AfricaSeptember 5, 20210

Intelligence

Kenya: Banking Sector Accounts for 27% of Corporate Taxes

The banking sector contributed 27 percent of all corporate taxes paid in Kenya in 2019 and 2020, a survey by Pricewaterhouse Coopers (PwC) ...

By Regtech AfricaSeptember 5, 20210

Kenya

Kenya insurtech startup MotiSure launches API platform

MotiSure a Kenya insurtech has launched an API-powered platform that provides personal accident cover for both riders and commuters by embedding insurance in their ...

By Regtech AfricaSeptember 5, 20210

State Bank of Pakistan grants EMI license to NayaPay

France fines JP Morgan USD 29.6 M in tax fraud settlement

SA: Fintech company E4 launches Stem programme for underprivileged female youth

Nigeria: NCC Releases Draft Guidelines On SIM Registration, Replacement

Ethiopia: Safaricom Ethiopia to Go Operational in 2022

Tanzania: Tigo Pesa partners BoA to Launch ‘Kibubu’

Ethiopia: NBE Sets 10 Percent Minima for Banks’ Reserve

Zimbabwe: CBZ Bank Introduces Payday Loans

Kenya: Banking Sector Accounts for 27% of Corporate Taxes

Kenya insurtech startup MotiSure launches API platform

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