Swiss banking giant Pictet makes Africa debut amid foreign banks' exit
Banque Pictet & Cie, the Swiss multinational private bank and financial services group, has established its first office in Africa...
- Thursday, June 04, 2026
BusinessDay
Banque Pictet & Cie, the Swiss multinational private bank and financial services group, has established its first office in Africa...
Botswana’s economy is expected to return to growth in 2026 after two consecutive years of contraction, although rising fiscal deficits...
Equity Bank Limited, Kenya’s biggest lender by assets, has reduced pricing on Kenya shilling–denominated variable-rate loans following the Central Bank...
Egypt’s central bank lowered key interest rates by 100 basis points on Thursday, bringing borrowing costs to their lowest level...
Ethiopia has unveiled sweeping amendments to its foreign exchange framework, marking one of the country’s most consequential financial liberalisation moves...
Nigeria’s expanding entertainment and cultural industries are strengthening the country’s global influence, lifting its international standing to the highest level...
US equity markets are moving more money than ever, with daily share turnover surpassing $1 trillion even as volatility remains...
Egypt’s inflation slowed to its lowest level since September, strengthening expectations of another interest rate cut later this week as...
Africa’s major economies entered 2026 with tentative signs of macroeconomic stabilisation, as slowing inflation, improving currencies and policy reforms begin...
Kenya’s central bank reduced its benchmark interest rate by 25 basis points to 8.75 percent on Tuesday, marking the tenth...