March 24
Kenya: Court of Appeal Rejects Stanbic's Bid to Halt Banking Rules Ruling
Capital FM
The Court of Appeal has dismissed Stanbic Bank's request to suspend a High Court ruling, rejecting the bank's attempt to have Judge Nixon Sifuna recused from the case over an… Read more »
Uganda: Insurance Consortium Fuels Uganda's Oil Sector
Independent (Kampala)
The Insurance Consortium for Oil and Gas Uganda (ICOGU) has emerged as a critical player in Uganda's rapidly evolving energy sector, providing tailored insurance solutions to… Read more »
Nigeria: Access Holdings, Red Star Express, Lasaco Assurance Top Stock Pick This Week
Premium Times
This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Read more »
Rwanda: Bank of Kigali Launches 'Bigereho Na Bk' to Empower Customers to Reach Their Financial Goals
New Times
Bank of Kigali has officially launched the 'Bigereho na BK' campaign, an initiative designed to empower individuals, businesses, and farmers with financial solutions that drive… Read more »
Nigeria: Baobab Nigeria Disburses N500bn Loans, Reiterates Commitment to MSMEs Across Nigeria
This Day
Baobab Nigeria, a leading microfinance bank dedicated to empowering small businesses and individuals through financial solutions, over the weekend reiterated its commitment to… Read more »
Nigeria: Fcmb Opens Branch in Ogbomosho to Boost Local Economy
This Day
First City Monument Bank (FCMB) has expanded its footprint by launching a new branch in Ogbomosho. Officials say the move will boost financial inclusion and economic development.… Read more »
Zimbabwe: Zimpost Targets Insuring 300 000 Vehicles This Year
The Herald
In a move to boost vehicle insurance coverage in Zimbabwe, Zimpost has launched its annual Post Insurance Promotions, aiming to insure 300 000 vehicles this year. Read more »
March 21
Namibia: Finance Ministry, BON Investigate Bank Charges
Namibian
The Bank of Namibia (BoN) and the Ministry of Finance and Public Enterprises have announced the formation of a joint committee to investigate and set maximums for the fees… Read more »
Kenya: Stanchart System Hitch Impacts Digital Platforms, Credit Services
Capital FM
A system hitch has impacted Standard Chartered Bank Kenya's digital platforms, branches, and credit services. Read more »
March 20
Uganda: Stanbic Bank Fetes Muslim Clients At Ramadan Iftar Dinner
Independent (Kampala)
Hundreds of Muslim faithful broke the Fast during a high-profile Iftar dinner hosted by Stanbic Bank on Tuesday evening - March 18 at the Sheraton Kampala Hotel. Read more »
March 19
Nigeria: High Interest Rates, Insecurity Top Business Constraints in February - CBN Survey
Premium Times
The survey revealed that 75 per cent of respondents cited high interest rates as a significant hurdle, closely followed by insecurity at 73.9 per cent and insufficient power supply… Read more »
Uganda: Equity Bank Uganda Takes Abakyala Ku Ntiiko Aura to Masaka
Independent (Kampala)
For the second time in one week, Equity Bank Uganda brought women entrepreneurs, financial experts and industry leaders under one roof as the Abakyala Ku Ntiiko reached Masaka on… Read more »
South Africa: After the Bell - Corporate Execs Play Musical Chairs While SA's Banks Stand Still
Daily Maverick
It's a bit of a joke in journalism that a single event is happenstance, but if it happens twice, suddenly it's a 'trend'. It would be hard to make a case that a few instances of… Read more »
Nigeria: Why Insurance Industry Must Join the Voluntary Phase of Ifrs S1 & S2 Adoption [opinion]
Premium Times
We call on the insurance industry to ensure that at least two or three insurance companies make it to the voluntary phase of adoption going by the adoption roadmap. Read more »
March 18
Ethiopia: Flag Carrier, AfDB Partner On New Bishoftu Int'l Airport Project
Ethiopian Herald
Ethiopian Airlines Group, a rapidly growing global airline, has partnered with the African Development Bank (AfDB) to develop the new Bishoftu International Airport, a major… Read more »
March 17
Namibia: Central Bank Takes Chicco to Court Over N$81 000 in Unpaid Rent
Namibian
The central bank has taken businessman Erastus 'Chicco' Shapumba to the High Court for allegedly failing to pay N$81 000 in rental costs. Read more »
March 13
Uganda: BOU to Regulate Mortgage Refinancing Institutions
Independent (Kampala)
Bank of Uganda is set to regulate operations of mortgage refinancing institutions once the Mortgage Refinance Institutions Bill, 2025 is passed into law. Read more »
Zimbabwe: Only the Interbank Market Sets the Official Rate - RBZ
New Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) has said only the interbank market has the authority to determine the official rate, clearing the confusion around the interpretation of… Read more »
Nigeria: AfDB, IITA Sign Fresh €5m Support Deal for 40m Farmers
Leadership
The African Development Bank (AfDB) Group and the International Institute of Tropical Agriculture (IITA) have signed a fresh €5 million grant agreement to finance phase II of… Read more »
March 11
Nigeria: Reps Urge CBN to Suspend Increase in ATM Withdrawal Charges
Premium Times
The lawmakers noted that additional ATM withdrawal charges would further limit the financial inclusion of Nigerians by discouraging low-income earners from accessing banking… Read more »
Nigeria: Trust Deficit in Banks
Leadership
Recently, the Ikeja Special Offences Court sentenced a Nigerian banker to four years and two months in prison. Read more »
March 10
Rwanda: Kagame, World Bank Regional Official Discuss Partnerships
New Times
President Paul Kagame on Monday, March 10, received Qimiao Fan, the World Bank's Country Director for Rwanda, Kenya, Somalia, and Uganda. Read more »
Africa: Boosting Growth and Prosperity in South Africa [document]
IMF
Improving the business environment, strengthening governance, and reforming the labor market are among the keys to economic success Read more »
Zimbabwe: Zimbabwe's Central Bank Confident of Gold-Backed ZIG Currency's Long-Term Stability
New Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) is still pinning its hopes on the strength of the local gold-backed Zimbabwe Gold (ZiG) currency to compete against major currencies, including… Read more »
Nigeria: Why Anambra Pulled Out From World Bank Loan Arrangement - Soludo
Daily Trust
The Governor of Anambra State, Prof. Charles Soludo, has stated that he pulled the state out of the World Bank loan arrangement because it was a bad deal for the people of the… Read more »