Banking & Finance

KCB adds 1.8mn mobile customers in Kenya

Mobile Banking Kenya - Gates Foundation - FlickrKenya Commercial Bank (KCB) has signed up 1.8mn subscribers for its mobile phone-based banking services, according to the bank’s chief financial officer Lawrence Kimathi

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Ecobank Transnational to get a new group CEO

AdeAyeyemiEcobank Transnational Incorporated has appointed Ade Ayeyemi as the new group CEO, and his new role is effective 1 September 2015

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First consumer credit card launched in Nigeria

creditcard-pixabayThe Central Bank of Nigeria, O3 Capital Nigeria Limited and Game Stores have collaborated to introduce the first consumer credit card in the West African nation

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Mineral tax regime to revitalise Zambian Kwacha

zambiankwacha-Numismatic CoinsHistory-flickrThe Zambian government’s approval to change the mineral royalty tax regime is expected to strengthen the local currency Kwacha against the dollar, stated Zambian banks

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Banking opportunities for frontier markets

Ikoyi Lagos. The commercial capital of Nigeria Copyright Bill KretAs private wealth increases across the continent, and consumer-driven industry growth outpaces non-African regions, so regulation of investible assets gains critical importance

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