The Reserve Bank of Malawi (RBM) has extended its five-year capital markets development plan by one more year after falling short of several major targets due to tough economic conditions …
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ADC’s Candidate Pledges free electricity, water and education in Tanzania
Dodoma, Tanzania – The political temperature in Tanzania is rising ahead of the October general elections, and opposition party Alliance for Democratic Change (ADC) is making bold promises to woo …
The Government of Malawi says it will maintain a fixed exchange rate in the short term despite pressure to adopt a unified market rate. Authorities believe keeping the rate stable …
National Bank of Malawi plc (NBM plc) has reaffirmed its role in supporting Malawi’s economic growth by providing a K10 million sponsorship for the Annual Bankers Association of Malawi (BAM) …
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Truecaller Under Investigation in South Africa Over Privacy Law Breach Complaints
The Information Regulator of South Africa has confirmed that it is investigating mobile app Truecaller after several companies and individuals complained that the service violated the country’s Protection of Personal …
- BusinessCurrencyEconomyFinanceMarketsRetailSales StrategySouth AfricaStock Market
South African Rand Strengthens on Higher Business Confidence and Retail Sales Growth
The South African rand gained further ground on Wednesday, helped by a weaker U.S. dollar and positive local economic data showing improved business confidence and retail sales growth. By mid-afternoon, …
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Standard Bank to See Leadership Change in 2027
Standard Bank Group, Africa’s biggest bank by assets, has confirmed that its Chief Executive Officer, Sim Tshabalala, and Chief Financial Officer, Arno Daehnke, will step down from their roles by …
- EconomyFinanceInflationMonetary PolicyTrade
Lesotho Faces Threat from Global and Regional Economic Risks
Lesotho’s economy is trying to recover after years of challenges, but the progress made this year could be at risk if global and regional economic conditions worsen. This was the …
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FirstBank to Host 2025 Agric and Export Conference to Boost Non-Oil Sector Growth
FirstBank has announced the 2025 edition of its Agric and Export Conference, an initiative aimed at driving growth in Nigeria’s agriculture and non-oil export sectors. The event, themed “The Fundamentals …
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Stanbic IBTC Bank Wins Best Cash Management
Stanbic IBTC Bank has received top honours at the Cosmopolitan The Daily Business Awards, securing two prestigious titles — Best Cash Management Bank in Nigeria and Best Trade Finance Bank …