The Central Bank governor has revealed the names of three banks that are alleged to have been responsible for the drastic decline of the shilling. Read more »
According to the World Bank, Kenya's economy will grow at a slower pace in the next two years compared to that of most of its East African neighbours. Read more »
In a district where food aid makes up 15 percent of the economy, a new livestock insurance scheme offers participating farmers and herders an opportunity to recoup some of their ... Read more »
Unemployment and the Euro crisis are the biggest threats to the South African economy in 2012, says International Monetary Fund managing director Christine Lagarde. Read more »
Somalis have reacted with dismay at the move by Sunrise Community Bank to close down money transfers accounts to and from Somalia. Read more »
Tunisian businessmen will participate in meetings with their counterparts in Libya to develop bilateral trade exchanges and create joint projects. Read more »
The banking industry has been urged to collaborate to fight cyber crime which costs banks billions of shillings per year. Read more »
Teachers will now access some of the best private and public hospitals under a new medical insurance scheme. Read more »
The Central Bank of Nigeria (CBN) lowered the naira's target band against the dollar yesterday after months of monetary tightening steps to steady the local currency. Read more »
The Central Bank of Kenya increased its key lending rate to 16.5 percent - a 550 basis points increase. This hike is the highest ever since the rate came into being in 2005. Read more »
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