EA DrumIt
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/1/
First National Bank, a division of FirstRand Bank Limited (FSR, on Thursday announced the official launch of First National Bank Tanzania Limited.
Source: iOL News
/2/
African countries can prepare for the impact of the eurozone crisis that threatens...
Source: Mail & Guardian Online
/3/
The International Monetary Fund opposes a proposal by parliamentarians in Kenya to cap interest rates...
Source: Business Report
/4/
Malawi should devalue the official exchange rate further to between 230 - 250 against the dollar to address a foreign exchange shortage and stem a thriving black market, the International Monetary Fund said.
Source: Reuters
/5/
Kenya’s shilling weakened, heading for its lowest close in more than two weeks, as companies and oil importers sought dollars after an extended holiday weekend over the New Year.
Source: Bloomberg
/6/
Jordan and Tunisia have become members of the European Bank for Reconstruction and Development (EBRD) as part of the process of becoming recipients of EBRD investments, the bank announced today in a press release.
Source: Ahram Online
/7/
Nigeria's economic outlook has been upgraded from stable to positive by Standard & Poor's ratings agency, ...
Source: Modern Ghana
/8/
The international aid organization Oxfam says thousands of Somali families could be cut off from much needed aid if a U.S. bank goes through with plans to discontinue its money-wiring services at the end of this month.
Source: Voice of America
/9/
More pain is in store for borrowers after the Central Bank of Kenya on Thursday announced yet another increase in its indicative lending rate.
Source: Daily Nation
/10/
Some European banks are now refusing to lend to firms trading with Africa, ...
Source: Mail & Guardian Online
/11/
Ratings agency Moody's upgraded the outlook on Botswana's A2 rating,.....
Source: Business Report
/12/
MOZAMBIQUE was “happy” with the strength of the metical, the world’s best-performing currency this year against the dollar, and had no plans to weaken it, Finance Minister Manuel Chang said
Source: Business Report
/13/
We estimate that the banking penetration level in most of Sub-Saharan African markets (excluding South Africa) remains relatively low at about 10%.
Source: How we made it in Africa
/14/
Cash-strapped Swaziland has pulled together enough loans from local banks and private businesses ...
Source: Business Report
/15/
The Kenya shilling rose on Tuesday as banks sold dollars in early trade...
Source: Business Report
/16/
Those without bank accounts, like Nare and her co-operative, can now send and receive cash via their mobile phones.
Source: IPS
/17/
Angola's parliament on Thursday approved a law that forces overseas oil companies to pay their taxes and other transactions through the country's banking system, state news agency Angop reported.
Source: Reuters
/18/
The International Monetary Fund on Wednesday approved a loan disbursement of $134.8 million to Angola ...
Source: Reuters Africa
/19/
Ivory Coast is aiming to secure an IMF-backed accord on debt relief in the second half of 2012,...
Source: Reuters Africa
/20/
Libya’s acute cash crisis was set to get worse and its banking system required a complete overhaul that would be guided by the International Monetary Fund (IMF)...
Source: Business Report
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by Noah
in Drum Banking
(Libyan Arab Jamahiriya)
13 weeks 2 days ago
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