Kenya 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
Banking & Finance
Ecobank Transnational to get a new group CEO
Ecobank Transnational Incorporated has appointed Ade Ayeyemi as the new group CEO, and his new role is effective 1 September 2015
First consumer credit card launched in Nigeria
The 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
Mineral tax regime to revitalise Zambian Kwacha
The 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
Banking opportunities for frontier markets
As private wealth increases across the continent, and consumer-driven industry growth outpaces non-African regions, so regulation of investible assets gains critical importance