Banking & Finance
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
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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
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BOAD to receive financial and technical assistance from BADEA
The Arab Bank for Economic Development in Africa (BADEA) has agreed to provide financial assistance to the West African Development Bank (BOAD) to the tune of US$20mn
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Botswana’s top three banks record profit increase
The biggest three banks in Botswana have recorded an overall rise in their non-interest incomes
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Atlas Mara likely to invest US$22.5mn in Rwandan bank
African bank Atlas Mara is in talks to invest US$22.5mn in Banque Populaire du Rwanda (BPR) and merge it with BRD Commercial Bank
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