[Ghanaian Chronicle] As a means of protecting household and small business in the informal sector from vulnerability such as natural disaster, sudden illness or death, the National Insurance Commission of Ghana (NIC) and Deutsche Gesellechaft Fur International Zusammenarbeit (GIZ) are organizing an international micro insurance conference in Ghana. … [Read more...]
Sudan: Central Bank’s Decision On Currency Exchange Rates Draws Ire of Finance Minister
[Sudan Tribune] Khartoum - The Central Bank of Sudan's (CBS) decision to allow Forex bureaus in the country to use their own rates instead of the official one in currency transactions has attracted criticism from senior officials including the finance minister who predicted that the move will not succeed in stopping the depreciation of the local currency. … [Read more...]
Zambia: Investing in Human Capital Key – Chibiya
[Times of Zambia] BARCLAYS Bank Zambia has said high quality human capital is vital to sustaining Zambia's economic development and that the bank would continue to invest heavily in developing skilled manpower. … [Read more...]
Namibia: Kaapanda Blasts the Citizens
[New Era] Windhoek - The Minister of Information and Communication Technology (MICT), Joel Kaapanda, has strongly condemned recent media attacks on the Founding Father, Dr Sam Nujoma, following the Bank of Namibia's decision to put his portrait on some of the country's banknotes. … [Read more...]
South Africa: Life Insurance Available From Vodacom
[Biz-Community] Mobile phone company, Vodacom, has been awarded a licence to sell long-term insurance by the Financial Services Board and the company is now entitled to offer its clients both long-term and short-term insurance products. … [Read more...]
Tanzania: Bank Launches Saving for Education Initiative
[Daily News] AN ancient Greek philosopher called Cynic Diogenes once said: "The foundation of every state is the education of its youth." … [Read more...]
Namibia: Growth Outlook Under Threat – FNB
[Namibia Economist] FNB's estimated 4% GDP growth outlook for 2012 is under serious threat if mining, especially diamond output, continues depressed, leading economist Daniel Motinga has said. … [Read more...]
Nigeria: CBN Relaxes Forex Rules to Encourage Foreign Loans Repayment
[This Day] As part of efforts to encourage the repayment of foreign loan(s) by firms, the Central Bank of Nigeria (CBN) at the weekend said funds for the repayment of such loans can be funded from both the Wholesale Dutch Auction (WDAS) and the interbank market. … [Read more...]
Nigeria: Don’t Tamper With CBN Autonomy, Soludo Warns Lawmakers
[This Day] The immediate past Governor of the Central Bank of Nigeria (CBN), Prof. Chukwuma Soludo, has cautioned members of the National Assembly (NASS) against amending the CBN Act 2007, with a view to removing the autonomy of the apex bank. … [Read more...]
Rwanda: Govt Spearheads Fight Against Corruption in the Sub-Region
[News of Rwanda] According to the report of the World Bank on corruption, Rwanda ranks fourth in Africa in the fight against corruption and holds the first place in East Africa. This announcement was made Thursday 17th May 2011 in Kigali during a consultative summit on the role of the Rwandan parliament and its partners in the fight against corruption. … [Read more...]
Nigeria: As Senate Tinkers With the CBN Act
[Leadership] The National Assembly has set in motion a legislative process to amend the Central Bank Act. The perception among the legislators is that the Central Bank of Nigeria (CBN) is becoming increasingly overbearing. This situation, in the view of the lawmakers, is hinged on the fact that it is independent to the point that its budget is not overseen by any … [Read more...]
Nigeria: Don’t Void CBN’s Autonomy, Soludo Warns
[Vanguard] The immediate past Governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Soludo, has warned against any move that could curtail the autonomy of the CBN as guaranteed by the CBN Act 2007. … [Read more...]


