Global
Sri Lanka Central Bank expects falling remittance to reverse trend from October
Sri Lanka’s central bank expects the falling trend in foreign remittances to reverse from this month as it believes the release of US ...
Kenya
Kenya: Digital lenders spared from capital rules
Digital lenders in Kenya will not be subjected to minimum capital and liquidity requirements as the Central Bank of Kenya (CBK) is handed ...
News
Uganda: BOU Lowers Growth Forecast for 2021/22
Bank of Uganda has lowered growth prospects for the 2021/22 financial year resulting from disruptions caused by the Covid-19 second wave. While releasing ...
Africa
Namibia: Karuaihe Appointed As CEO of Agribank
The current Head of Commodities at the Johannesburg Stock Exchange (JSE) in South Africa, Dr Raphael Karuaihe, has been appointed as the incoming ...
Global
Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry ...
News
Nigeria not generating enough revenue from stamp duty –FIRS
The Executive Chairman of the Federal Inland Revenue Service, Muhammad Nami, has decried the inefficiencies in the current stamp duty and capital gain ...
Global
UK contactless payment limit rises from £45 to £100
The UK’s contactless card limit has been increased from £45 to £100, as a host of banks update their rules for card payments. ...
News
Nigeria Spends 40% of FX on Importation of Petrol, Others – Emefiele
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has stated that the country spends almost 40 per cent of its scarce foreign ...
Global
Coinbase Proposes a New Agency To Regulate The Cryptocurrency Industry
Coinbase has published its “Digital Asset Policy Proposal,” talking about new agencies, regulations and other actions to help grow the cryptocurrency industry in ...
Global
Japan will prioritize simplicity in CBDC design, says central bank executive
The Bank of Japan is keen to ensure the seamless integration of its central bank digital currency with the existing payment architecture. While ...