Make safety a priority for digital banking - Exim Bank chief
The drive to strengthen protection of customers’ funds has been a rallying call from the Bank of Uganda Governor who wants commercial banks step up safeguards.The banking industry …...
Read More Kenya leads in mobile money transactions in Sub-Saharan Africa
The World Bank has ranked Kenya as a country with the highest user of Mobile Money Transactions in Sub-Saharan Africa.The international lender said Kenya emerged top with a 68% scor…...
Read More Ghana joins push for West African currency
By Oluwatosin AdeshokanPosted on Friday, 3 January 2020 08:48Ghanas President Nana Akufo-Addo addresses participants of the "G20 Investment Summit in Berlin November 19, 2019. …...
Read More Tanzania: African Development Bank’s $55mln facility to jumpstart private sector growth
23-Dec-2019 -- The African Development Bank has approved a $55 million facility to strengthen implementation of reforms to enhance Tanzania’s economic competitiveness and private s…...
Read More End of an era: West African states to halt use of CFA Franc
West Africa’s monetary union has agreed with France to rename its CFA franc the Eco and cut some of the financial links with Paris that have underpinned the region’s common curren…...
Read More Digital currency use surges in Africa as providers push for laws to protect clients
When a fourth-year student at Uganda’s Makerere University committed suicide last month after losing Sh500,000 from his digital wallet in what police confirmed to be a cryptocurren…...
Read More Tax relief for Kenyan businesses
Dec. 17 2019 -- Micro, small and medium enterprises (MSMEs) in Kenya may soon pay less tax after President Uhuru Kenyatta directed the Kenya Revenue Authority and the National Treas…...
Read More Kenya forex industry mulls partnership with Chinese fintechs to boost revenues
NAIROBI, Dec.17 (Xinhua)-- Kenya foreign exchange (forex) dealer industry is considering entering into a partnership with Chinese financial technology (fintech) firms in order to bo…...
Read More Ghana's GhIPPS, eTranzact unveil Gh-Link EMV Card for financial inclusion
Dec. 17 2019 - Charles Ayitey | JoyBusiness - The Ghana Interbank Payment and Settlement Systems (GhIPPS) in conjunction with electronic payments and aggregation solutions firm, Etr…...
Read More IMF poised to approve landmark $3bn loan for Ethiopia
Dec. 11 2019 -- Programme will provide balance of payments support for cash-strapped economyJames Politi in Washington and David Pilling in Abu Dhabi DECEMBER 11 2019Print this page…...
Read More