Banking & Finance

Republic Bank nearly doubles profit in Q2 2021 Republic Bank Plc, for the second quarter of this year, posted a profit-after-tax of Ghs 43 million,...

Moldova raises rate as inflation seen persistent Moldova's central bank changed course and raised its main interest rates for the first time in two years...

Civil unrest in South Africa covid-19 may push cobalt prices up — Report Civil unrest in South Africa, the third wave of covid-19, and supply curbs...

Property auctions help banks recover Sh25bn The size of defaulted bank loans dropped by Sh25.9 billion in the four months to June on increased property...

Qatar Holding LLC to invest $200 million in Airtel’s mobile money business Qatar Holding LLC is an affiliate of the Qatar Investment Authority. Meanwhile, Airtel...

Central Bank of Kenya retains benchmark rate at 7% The Central Bank of Kenya (CBK) through its top policy-making organ-the Monetary Policy Committee (MPC) has...

Exchange rate falls at official market as forex turnover drops by 83% The exchange rate between the naira and the US dollar closed lower at...

CBN and Nigerian banks battle currency speculators Currency speculators who profit from round-tripping and other currency manipulation practices are in trouble, as the Nigerian central...

More details emerge about how CBN’s e-Naira would affect Nigerians The Central bank has taken actions against crypto transactions, but embraced the fourth industrial revolution...

Supreme Court throws out suit against Bank of Ghana by AFH Apex court, the Supreme Court has thrown out a legal suit by the Association...