[IMF] Washington, DC - An International Monetary Fund (IMF) mission, led by Mr. Mario de Zamaróczy, visited Cameroon during May 2-16, 2011 to conduct the 2012 Article IV Consultation. … [Read more...]

[Times of Zambia] ZAMBIA Postal Services Corporation (Zampost) has reduced transmission fees on all swift cash money transfers by up to 30 per cent to enable its customers send money affordably to their loved ones. … [Read more...]

[The Herald] THE Afrocan Development Bank has been urged to use the Medium Term Plan as a tool to help the country address its critical problem. This was one of the key recommendations proposed at a consultative meeting on the African Development … [Read more...]

[Ghanaian Chronicle] THE CENTRE for National Affairs (CNA), a civil society group, which has sued the Commissioner for the Commission of Human Rights and Administrative Justice (CHRAJ), Lauretta Vivian Lamptey, at the Supreme Court for holding two public offices at the same time, appears unamused with the report that the defendant had tendered in her resignation … [Read more...]

[This Day] The President of the African Development Bank (ADB), Donald Kaberuka, has been invited to the 38th Group of Eight (G8) meeting scheduled for May 18 and 19 in United States. … [Read more...]

[This Day] Guaranty Trust Bank Plc (GTBank) has advised its current account customers to apply for new Nigeria Uniform Bank Account Number (NUBAN)-compliant cheque book to ensure the non-disruption of their banking activities from the June 1 deadline that was set aside by the regulator. … [Read more...]

[This Day] Chairman of Sterling Bank Plc, Alhaji Sulaiman Adegunwa, has assured shareholders of the bank that the benefits from the recent acquisition of Equitorial Trust Bank and the consolidation and focus of the bank on core commercial banking would lead to growth in the years ahead and fetch them higher returns. … [Read more...]

[Vanguard] Lagos - Lagos Chamber of Commerce and Industry, LCCI, yesterday, decried the high level of interest rate of between 16-25 per cent in the country, citing it as a constraint to credit delivery to the economy in the first quarter of 2012. … [Read more...]

[The Star] MPs yesterday accused Finance Minister Njeru Githae of protecting several banks which have allegedly been violating the Banking Act in their operations. MPs were angered by the minister's refusal to table on the floor of the House the list of banks which have been listed by the Central Bank of Kenya has having violated the Banking Act in their … [Read more...]

[This Day] Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Kehinde Durosinmi-Etti, has stated that he and other members of the management team will continue to ensure adequate returns to shareholders in the years ahead. … [Read more...]

[The Star] TWO Ecobank directors facing allegations of forgery yesterday failed to appear in court. The bank, however, indicated that they were negotiating over the issue. Through their lawyer, Michael Monari, who is the bank's managing director in Uganda and Wilfred Oroko, the senior group officer in Lome, Togo, said that they had not ran away from the country … [Read more...]

[The Star] The German Development Bank has funded the construction of model schools in Kisumu city and other urban areas as a poverty reduction strategy in the country. Speaking during a tour of the second phase of the rehabilitation of four schools in Kisumu, German ambassador to Kenya Mergit Hellwig-Boette, said education is key to poverty reduction in the … [Read more...]