Mozambique has been ranked as the country with the highest risk of money laundering and terrorist finance in the world, according to a report issued by the Basel Institute of ... Read more »

A methodology for calculating credit scores has been developed specifically for the Nigerian market by CRC Credit Bureau in partnership with the Fair Isaac Corporation. The credit ... Read more »

Mozambique has finalised charges against 20 people, including the son of former president Armando Guebuza, in connection with a U.S.$2 billion debt scandal that crippled the econ Read more »

President Cyril Ramaphosa has signed the National Credit Amendment Bill into law. Referred to as the "Debt Relief Law", the legistlation saw opposition from the banking sector and ... Read more »

Financial services giant Old Mutual has been dealt a blow by a high court ruling that temporarily reinstates Peter Moyo to his position as CEO, after his suspension and subsequent ... Read more »

President Emmerson Mnangagwa's son and former First Lady Grace Mugabe's names have featured on a list of 26 prominent politicians who received millions of U.S. dollars in bank ... Read more »

A Chinese government-owned financial institution, China Everbright Bank, has placed Zimbabwe on a list of countries it will not be doing business with - a move that could place a ... Read more »

The Central Bank of Nigeria has issued new guidelines that will ensure that consumers are treated fairly and transparently by banks and other financial institutions.   Read more »

The South African Reserve Bank has in a brief statement said it has been made aware of Africapacity's intention to buy VBS Mutual Bank, or part of it. It said the banking licence ... Read more »

As Nigeria grapples with the re-establishment of a national carrier, insurance companies are tightening their hold on airliners operating in the country, with an increase in insu Read more »