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) …
Finance
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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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African AffairsBankingBusinessCorporate GovernanceFinanceMarketsSouth AfricaStock Market
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 …
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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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BankingBusinessCorporate AffairsEconomic PolicyFinanceINVESTMENTNigeriaTradeTrade & Investment,
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 …
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CurrencyDebt Management,EconomyFinancePoliciesPublic Safety
Naira Shines in Security but Needs Respect, CBN Advises Nigerians
The Central Bank of Nigeria (CBN) has told Nigerians to treat the naira with more respect, saying it is one of the strongest currencies in the world when judged by …
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BankingBusinessDevelopmentEconomyEntrepreneurshipFinanceUncategorized
MSMEDA, Sign EGP 500m Deal to Fund Over 5,000 Micro Businesses
by Adeolaby AdeolaThe Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Banque du Caire have signed two major agreements worth a combined EGP 500 million to support micro-enterprises across Egypt. The …
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BusinessFinanceGovernment PolicyInfrastructurePublic Sector
Nigeria Clears Power Sector Arrears with ₦4 Trillion Debt Refinancing Plan
The Federal Government has approved a ₦4 trillion debt refinancing plan for Nigeria’s power sector, a move aimed at clearing long-standing arrears owed to power generation companies and improving electricity …
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Debt Management,EconomyFinanceGovernment PolicyInternational Relations
Deloitte Cautions Ghana on Capital Market Return
Deloitte Ghana has advised the government to take its time before returning to the international capital market, even though the economy has been showing strong signs of recovery. The research …
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AwardsBusinessEconomyFinanceUganda, Professional Development
Uganda Accountants Launch 2025 Service Awards
The Institute of Certified Public Accountants of Uganda (ICPAU) has confirmed that the 2025 edition of the prestigious Accountancy Service Awards (ASA) will take place on October 3, 2025. The …