Tag: commercial banks
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Kenyan firms turn to mobile phones to advance credit
With uptake of credit cards failing to pick up in Kenya, commercial banks and other firms are turning to mobile phones to advance credit....
Angolan central bank sells $300 million to commercial banks
Angola's central bank or the National Reserve Bank (BNA) sold a total of 300 million U.S. dollars to local commercial banks from March 30...
Banks interest rates in Kenya hit new low
Lending charges in Kenya have dropped to a new low as commercial banks bring them down, albeit slowly, following the implementation of a loan-pricing...
South African central bank keeps repo rate unchanged
The South African Reserve Bank (SARB) Governor Lesetja Kganyago on Thursday announced that the repo rate will remain unchanged at 5.75 percent, taking into...
Cenpower Seals Deal For KIPP
Cenpower Generation, a special-purpose vehicle created to develop the Kpone independent power plant (KIPP), in the Tema industrial zone has announced the financial close...
