The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the…
NEWS: African Banks Under Pressure to speed up…
The spread of the Covid-19 pandemic across Africa has considered a surge in digital payments and e-commerce transactions as economic institutions scramble to provide organizations and consumers contactless methods of spending, borrowing and lending, and…
NEWS: Central Bank of Morocco Reported 9,575 counterfeit…
Morocco’s central bank, Bank Al Maghrib (BAM), recognized 9,575 counterfeit banknotes in 2019, worth MAD 1.5 million ($161,000). The number of counterfeit banknotes extended with the aid of 6% in contrast to 2018, a press launch from BAM announced on…
Standard Bank: We will not let climate groups…
Standard Bank, which has come under fire for continuing to fund new fossil fuel projects on the continent, says it will do proper diligence to ensure that the projects it invests in do not harm…
Business: Standard Bank sheds 5% on flagged profit…
The Standard Bank Group share price declined by more than 5 percent on the JSE on Monday after the group flagged an earnings decline of more than 20percent as the Covid-19 outbreak continues to spook…
Kenya: High loan provision eats into banks’ Q1…
High forward-looking loan provision in the wake of Coronavirus dent banks’ profits in the first three months of the year. Kenya adopted the IFRS19 accounting standard that requires financial institutions to provide for unforeseen defaults…
Zimbabwe: RBZ tightens reins on mobile money
The Reserve Bank of Zimbabwe (RBZ) introduced more measures yesterday affecting EcoCash agents as part of what is now seen as a policy to bring EcoCash agents into the formal banking system and ensure they…
