Standard Bank has announced that it will realign its retail and business banking delivery model to the changing needs of customers, amid rapid adoption of digital banking products ... Read more »

The United States says it expects South African authorities to hand over Mozambique's former finance minister, Manuel Chang, despite a separate request from Mozambique. Both ... Read more »

Close to a dozen suspects, mostly from the previous administration of Armando Guebuza, have already been arrested for their alleged involvement in arguably the worst corruption ... Read more »

Over 50 bureaux de change in Dar es Salaam remain closed as the Bank of Tanzania continue conducting inspections into their undertakings. Preliminary findings by the regulator ... Read more »

Amid ongoing controversy over banknotes which are alleged to have gone missing, Liberian police are questioning the former Central Bank governor and have arrested former deputy ... Read more »

The Reserve Bank of Zimbabwe has acquired loans from several regional banks - including among others, the African Export and Import Bank (Afrexim) and the Mozambique Central Bank - ... Read more »

President Filipe Nyusi's administration has filed a case in London's High Court against Credit Suisse over the bank's role in the country's "hidden debts". Credit Suisse was one of ... Read more »

Zimbabwe is in a Catch-22 situation as South African banks have stopped supplying the troubled southern African country with U.S. dollar notes to avoid risk. In 2018, central bank ... Read more »

The former owner of the closed Crane Bank, Sudhir Ruparelia says the Bank of Uganda is illegally holding over U.S.$23 million amassed by shareholders to help Crane Bank stay ... Read more »

People living with HIV and Aids have expressed concern over shortages of some anti-retroviral drugs. Although the National Aids Council receives some foreign currency from the ... Read more »