Bank of Tanzania to Roll Out New Banknotes
The Bank of Tanzania (BoT) is set to introduce updated banknotes from the 2010 series into circulation beginning February 1, 2024. The new notes will...
NMB Bank Named Tanzania’s Largest and Most Compliant Taxpayer
NMB Bank Plc has been recognized once again as Tanzania’s largest and most compliant taxpayer at the Taxpayers Appreciation Day, an event presided over by...
I&M Group Appoints New Executive General Manager of Human Resources
The Board of I&M Group PLC has announced the appointment of Ms. Sheila Cheruto Tiren as the Group Executive General Manager of Human Resources (GEGM...
How Banks in Kenya are Taking Advantage of AI in 2025
The integration of Artificial Intelligence (AI) into Kenya’s banking sector is revolutionizing operations, customer service, and risk management. From predicting customer behavior and managing risks...
AfDB and Ethio Telecom Partnership to Drive Digital Transformation in Ethiopia
The African Development Bank (AfDB) and Ethio Telecom have embarked on a collaboration aimed at accelerating Ethiopia's digital transformation. This partnership seeks to bolster the...
Why NMB Bank Was Recognized as a Top Employer in Tanzania
NMB Bank Plc. has earned international recognition as a Top Employer in Tanzania by the prestigious Top Employers Institute. This accolade was a reflection of...
Why the Bank of Uganda Increased Interest Rates in the First 2025 Bond Auction
The Bank of Uganda raised interest rates to their highest levels in 18 months during its first bond auction of 2025. The 15-year bond saw...
Gerald Nyaoma Journey to Becoming CBK Deputy Governor
The Central Bank of Kenya (CBK) has officially welcomed Gerald Nyaoma Arita as its new Deputy Governor, following his appointment by President William Ruto. His...
PayMint, ADIB Egypt To Launch Meeza Prepaid Cards After CBE Approval
The Central Bank of Egypt has granted approval to PayMint, in collaboration with Abu Dhabi Islamic Bank (ADIB) Egypt, to launch the prepaid "Meeza" card....
Why 1,000 Central Bank of Nigeria Staff Voluntarily Resigned
The Central Bank of Nigeria (CBN) recently confirmed the voluntary resignation of 1,000 staff members as part of its ambitious restructuring process aimed at embracing...