Ethiopia opens banking sector to foreign investment
Addis Ababa – Ethiopia will partially open its banking sector to foreign banks following a vote by lawmakers on... Read more
18 Dec
Cash crunch fuels rising misgivings against Nigeria’s money agents
Lagos – Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential... Read more
10 Dec
Mauritius’ next growth phase — a new plan is needed as the tax haven era fades
Pritish Behuria, University of Manchester Mauritians will head to the polls by November 2024 and politicians are considering the... Read more
1 Jul
Vietnam property tycoon faces verdict in multi-billion dollar fraud case
Ho Chi Minh City – A top Vietnamese property tycoon faces a potential death sentence Thursday as she and... Read more
11 Apr
Ex-chair of Chinese state-run bank Everbright held for corruption
Beijing – The former chairman of state-owned Chinese banking giant Everbright Group has been arrested on suspicion of corruption... Read more
15 Jan
Bank of Ireland apologises for ‘free money’ tech glitch
Dublin — Bank of Ireland apologised on Wednesday after fixing a technical issue that allowed customers to withdraw or... Read more
17 Aug, 2023
Finance minister places Habib Overseas Bank under curatorship
Cape Town – Minister of Finance Enoch Godongwana has placed Habib Overseas Bank under curatorship with immediate effect “to... Read more
27 Mar, 2023
Australia to remove British monarch from banknotes
Sydney – Australia will remove the British monarch from its banknotes, replacing the late Queen Elizabeth II’s image on... Read more
2 Feb, 2023
Ethiopia’s largest bank says Tigray services resume
Nairobi – The Commercial Bank of Ethiopia said on Monday that it has resumed financial services in some towns... Read more
20 Dec, 2022
Embattled Credit Suisse to buy back $3 billion of debt
Zurich – Troubled Swiss banking giant Credit Suisse, which has scrambled to ease fears about its financial health, announced... Read more
7 Oct, 2022
