Kenya
Kenya Imposes Stricter Regulations on Vodacom and Safaricom
Kenya is stepping up its game by putting stricter rules on Vodacom and Safaricom, aiming to keep local control firmly in Kenyan hands ...
Nigeria
Nigeria: CAC Warns of Intensified Crackdown on Unregistered PoS Operators
The Corporate Affairs Commission (CAC) has come out with a serious warning for all Point-of-Sale (PoS) operators in Nigeria. They’re making it clear ...
Africa
Africa: Wise Secures First African Licence with Conditional Approval from South Africa’s Reserve Bank
Global money movement company Wise has taken its first formal step into Africa after receiving conditional approval from the South African Reserve Bank ...
Regulatory
Nigeria: SEC Says FATF Grey List Exit and T+2 Adoption Strengthen Nigeria’s Investment Appeal
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has reaffirmed Nigeria’s growing attractiveness to global investors following the country’s exit ...
Regulatory
Zimbabwe’s New Digital Tax Set to Impact Bolt, inDrive, and Starlink
Zimbabwe’s new digital tax is set to shake up services like Bolt, inDrive, and Starlink in a big way. The government has introduced ...
Regulatory
Global: Revolut Centralises Global Regulatory Reporting and Risk Management with Nasdaq AxiomSL
Revolut has taken a major step toward strengthening its regulatory infrastructure by adopting Nasdaq’s AxiomSL platform—a move designed to support the company’s accelerating ...
Regulatory
Global: FCA Introduces Stablecoin Cohort in Regulatory Sandbox as UK Advances Crypto Oversight
The UK’s Financial Conduct Authority (FCA) has launched a dedicated stablecoin cohort within its regulatory sandbox, marking a significant step in the country’s ...
Nigeria
Nigeria: SEC Mandates Full Compliance by Capital Market Operators
The Securities and Exchange Commission (SEC), yesterday said that all the Capital Market Operators (CMOs) must state compliance level and ensure all tradable ...
Nigeria
Nigeria: Cardoso Confirms 16 Banks Have Met the New CBN Minimum Capital Requirement
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), recently shared some good news about the banking industry. He confirmed that ...
Nigeria
Nigeria: CBN Holds Interest Rate Steady at 27% as It Aims to Boost Economic Recovery
The Central Bank of Nigeria (CBN) has decided to keep the interest rate, or the monetary policy rate (MPR), steady at 27%. This ...