Kenya
Kenya: CBK Raises Base Lending Rate to 7.5%, Cites Elevated Risks to Inflation Outlook
The Central Bank of Kenya (CBK) has raised the base lending rate to 7.50 per cent citing elevated inflation risks due to increased ...
News
South Africa: MTN appoints Tumi Chamayou as group executive for enterprise business unit
MTN Group announced the appointment of Tumi Chamayou as Group Executive: Enterprise Business Unit (GEBU), which takes effect from 1 June 2022. Tumi ...
News
Mozambique: Bank of Mozambique Holds Interest Rates Steady
The Monetary Policy Committee of the Bank of Mozambique (CPMO) meeting in Maputo on 19 May decided to leave the bank’s reference interest ...
News
Nigeria: Banks tighten forex access as reserves hit seven-month low
The country’s external reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank ...
News
Numbers earning over €100,000 at Central Bank increases by 36 to 302
The numbers earning over €100,000 at the Central Bank last year increased by 36 to 302. That is according to the 2021 annual ...
Global
Global: OCBC capital limits raised over flawed response to SMS phishing scams
The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement of approximately S$330 million on OCBC Bank (OCBC), over deficiencies in ...
News
Nigeria: CBN Asks Banks to Support Companies to Drive FX Inflow
As dollar scarcity continues to bite, the Central Bank of Nigeria (CBN) has urged Nigerian banks to support indigenous companies in order to ...
News
Nigeria: SEC DG says efficient markets demand regular assessment of policies
The efficient functioning of capital markets in the West African Region demands a regular assessment of policies and programs to fit current realities and address the ...
News
Rwandan Elected Executive Director at African Development Bank
Jonathan Nzayikorera, a Rwandan economist has been elected by the Board of Governors of the African Development Bank (AfDB) as the bank’s new ...
News
Nigeria: MTN Nigeria appoints Mazen Mroue as Non-Executive Director
The board of MTN has approved the appointment of Mazen Mroue as a non-executive director of the company effective from 1st June 2022. ...
