Ghana
IMF lowers Ghana’s inflation forecast to 9.6%
The International Monetary Fund is projecting a 9.6% inflation by the end of the year before returning to target next year. This means ...
Regulatory
Zimbabwe: RBZ Moves To Clear US$1,7 Billion Forex Backlog
THE Reserve Bank of Zimbabwe (RBZ) is moving to clear a US$1,7 billion foreign currency backlog which has been blamed for retarding progress ...
Intelligence
29% of corporate users in Kenya experienced financial malware attacks in the first half of 2021
Although Kaspersky’s (https://africa.Kaspersky.com) research shows that the overall number of financial malware attacks in Kenya has decreased in the first half of 2021, ...
Nigeria
Nigeria: CBN recovers customers’ N89.2b from commercial banks
The Central Bank of Nigeria (CBN) has so far recovered N89.2 billion of customer’s money from commercial banks in the country based on ...
News
MTN renews Rwanda licence – still waits on Nigeria
MTN Rwanda has confirmed it has concluded its operator licence renewal process with the Rwanda Utilities Regulatory Authority (RURA). The telecom operator’s previous licence ...
Innovation
Ukhushe Joins ForexPeople to Boost Cross-Border Digital Payments from SA into Rest of Africa
Ukheshe Technologies, a main fintech enablement accomplice, has affirmed the foundation of another joint endeavor with ForexPeople, one of South Africa’s most confided ...
News
Microsoft appoints Ola Williams as Country Manager for Nigeria
Ola Williams has been announced as the new Country Manager for Microsoft Nigeria. Previously the Specialist Sales Leader working with the extended team ...
News
South Africa: Woman-led edtech Ambani wins I’M IN 2021 accelerator
Mukundi Lambani, founder of Ambani Africa, an interactive African-language based early childhood edtech, has been announced as the winner of the third cohort of ...
Nigeria
CBN issues regulatory guidelines for Payments Service Holding Companies
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding Companies (PSHCs) in Nigeria. ...
Africa
Standard Chartered Bank reports its highest half-yearly operating profit for five years in the Africa, Middle East region
Standard Chartered PLC (the Group) today releases its financial results for the half-year ending 30 June 2021. Profit before tax grew 37 per ...