Regulatory
FRC issues timelines compliance with corporate governance code
The Financial Reporting Council (FRC) has issued timelines for corporate entities to report compliance with the National Code of Corporate Governance (NCCG). The ...
Africa
Tech is Essential in Developing a Flourishing Agriculture Sector in Africa
Africa should be in a great position to feed itself and play a significant role in feeding about nine billion people by 2050. ...
Nigeria
SEC clarifies new rules for mutual funds, sets new deadline for compliance
SEC stated that all the fund managers of collective investment schemes are to comply with the new rules. The Security and Exchange Commission ...
Nigeria
CBN discloses how much has been disbursed from N50 billion COVID-19 intervention fund
The apex bank had announced measures to aid Nigeria’s economy from slipping back into recession. The Central Bank of Nigeria (CBN) has announced ...
Kenya
Kenya: Equity hedges Sh2bn in Kenyan Bank acquisition (DRC Bank)
Equity Group will pay the final Sh2.1 billion for its acquisition of a majority stake in DRC’s Banque Commerciale Du Congo after two ...
Africa
Africa Code Week 2019 Results- Governments and Communities Mobilize to Drive Digital Skills Development Among African Youth
SAP, UNESCO & partners empower 3.85 million youth with basic coding skills in 2019. Africa Code Week 2019 results show impact on sustainable ...
Nigeria
COVID-19 FCMB secures $50m IFC loan to support SMEs
International Finance Corporation, a member of the World Bank Group, on Thursday approved $50 million loans to First City Monument Bank (FCMB) Limited ...
Kenya
Central Bank of Kenya Extends its COVID-19 Emergency Mobile Money Measures
The Central Bank of Kenya announced that it will extend the measures placed on mobile money transactions put forth back in March. Charges for mobile ...
South Africa
South Africa’s FNB Partners with UnionPay to Accept Contactless Payments
First National Bank (FNB) and UnionPay International (UPI) have announced that UnionPay cardholders will be able to make contactless payments with their cards ...
News
Standard Chartered Bank Kenya to close T-Mall branch in digital push
Standard Chartered Bank Kenya will shut down its T-Mall branch along Lang’ata Road in Nairobi in September as it continues to push customers to ...