Treasury Proposes Higher Bank Deposit Protection for Kenyans
Kenya’s National Treasury has proposed to overhaul the country’s bank deposit insurance scheme, aiming to enhance financial security for millions of depositors in the event...
CBN Records Highest Net Reserve Position in Over Three Years
The Central Bank of Nigeria (CBN) has reported an improvement in its Net Foreign Exchange Reserve (NFER) position as of the end of 2024, signaling...
National Bank of Ethiopia Announces Bi-Weekly Auctions, Cracks Down on Hawala Operators
Ethiopia’s central bank governor, Mamo Mihretu, declared on Monday that the country’s longstanding foreign exchange shortage is now under control. Speaking after a high-level meeting...
All You Need to Know About the UDB SME Kazi Loan
The Uganda Development Bank (UDB) is dedicated to empowering small and medium enterprises (SMEs) by offering accessible financial solutions to support growth and sustainability. One...
Paul Bitature Muganwa Joins Stanbic Bank Uganda Board as Executive Director
Stanbic Bank Uganda has officially received regulatory approval to appoint Mr. Paul Bitature Muganwa as an Executive Director, and will therefore be a member of...
I&M Group Posts Sh 16.6Bn Profit, Declares Sh 1.70 Final Dividend
I&M Group Plc has reported a 24.8% rise in profit after tax to Sh 16.6 billion for the year 2024. The bank has also declared...
Who Are Riverbank Solutions? KCB Group’s Soon-to-Be 13th Subsidiary
KCB Group has signed an agreement to acquire a 75 percent stake in Riverbank Solutions, a financial technology firm founded by former Football Kenya Federation...
Uganda Development Bank Launches RISE Program to Drive Sustainable Economic Transformation
Uganda Development Bank (UDB) has officially launched the Reshaping Industries for a Sustainable Economy (RISE) Program, an initiative aimed at revolutionizing how the Bank channels...
How to Open a CIB Tajirika Plus Current Account
Opening a CIB Tajirika Plus Current Account is a smart financial move for individuals looking to manage their money more efficiently, grow their investments, and...
NCBA Bank Opens Tatu City Branch
NCBA Bank has officially opened a new branch at Tatu City. The new NCBA Tatu City Branch, located in Eneo at Tatu Central, a premier...