18/06 Kenya's biggest mobile phone
operator Safaricom is opposed to a proposed tax rise
on mobile phone based cash transfers that its chief finance
officer said on Monday would discourage the drive towards modern
payments systems.. . .
14/06 Kenya's Finance Minister Henry
Rotich on Thursday said he would propose repealing a cap on
commercial lending rates, a move cheered by bankers who had said
the ceiling had hurt credit growth and access.. . .
14/06 Kenya's government will
introduce a set of reforms for the financial sector aimed at
boosting private sector credit growth after it was hit by a cap
on commercial interest rates introduced in 2016, the. . .
14/06 Seeking to capitalise on higher oil
prices, Sierra Leone has extended the deadline of a fourth oil
licensing round for five deep water offshore blocks until
September 27, officials told Reuters.. . .
13/06 Kenya's biggest privately owned
bank, CBA, has teamed up with a local financial technology
company to speed up payments for goods or services delivered by
suppliers, its chief executive said on Wednesday.. . .
07/06 Private equity firm Cupric
Canyon will begin construction of its Khoemacau copper project
in Botswana in October, with first sales of the metal expected
in 2021, a company executive said on Thursday.. . .
04/06 Tanzania's economy is
expected to grow by 7.2 percent in 2018, up from around 7.1
percent last year, and the fiscal deficit will increase on the
back of higher infrastructure spending, the finance minister
said. . .
29/05 A boom in lending by financial technology (fintech) firms in Kenya has led to an increase in predatory lending practices, the country's central bank governor said on Tuesday, calling for the. . .
25/05 Ivory Coast will ask donors,
timber firms and cocoa companies to help finance a reforestation
strategy costing 616 billion CFA francs ($1 billion) over 10
years, the country's water and forests minister said on. . .
23/05 Ethiopia's state-run telecoms monopoly has agreed to allow some local firms to provide internet services through its infrastructure, a move seen as spurring competition and expanding the data market, officials said.. . .
21/05 Malawi's maize output declined by 19.4 percent in the 2017/18 farming year to 2.8 million tons due to damage caused by drought and crop-eating armyworms, Agriculture Minister Joseph Mwanamvekha said on. . .