Nigeria: In Lagos, Good-Living Is No Longer a ‘Matter of Cash’

Nigerians love cash and they want to show it when they have got it. To the average Nigerian, good living is a matter of...

SA deficit narrows in the fourth quarter

Pretoria - South Africa's current account deficit narrowed to 3.6% of GDP in the fourth quarter of 2011, said the Reserve Bank. "Relative to the...

‘New kid on the block’ for SA’s insurance market

By: Thandisizwe Mgudlwa - AfricanBrains The life insurance market in South Africa entered a new era this week as a player has arrived on the financial...

Nigeria: CBN Withdraws N150 Billion From Circulation

In continuation of its restrictive monetary policy stance, the Central Bank Nigeria (CBN) at the weekend withdrew a total of N150.1 billion from circulation,...

Middle East: How banks can grasp a $350 billion opportunity

The question of how to serve micro, small and medium enterprises (MSMEs) in emerging markets is not new – so why are we writing...

Zimbabwe: Zanu-PF and China – Does Zimbabwe Really ‘Yearn for the Yuan?’

Reserve Bank Governor Gideon Gono's proposal in November to peg a new Zimbabwean dollar to the Chinese yuan made a splash of headlines. The Asia...

Tanzania: Mobile Financial Services Users Up

Zanzibar — MAINTAINING trust, security and low cost in mobile financial services (MFS) could be some of the challenges in developing the services in...

SA banks well capitalised, says Reserve Bank

Pretoria - South African banks are sound and well capitalised, the Reserve Bank has said in response to Moody's downgrading of five banks. On Wednesday,...

Mobile money solutions ‘a hit in Africa’

South Africa's First National Bank has seen a huge uptake in its mobile money solutions by customers of its African operations, with cellphone banking...

AfDB and East African Central Banks Look to Ease Inflationary Pressures in 2012

The high inflation rates that that have been plaguing the countries of East Africa recently could start to fall in 2012 and eventually reach...

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