- Thursday, June 04, 2026
BusinessDay
…plans to leave FATF grey list by May 2026 Kenya is positioning itself to exit the global financial crime watchdog’s...
Since the start of the year, a growing number of African central banks have reduced benchmark interest rates to multi-year...
South Africa’s unemployment rate declined to its lowest level in more than five years in the fourth quarter, defying concerns...
Banque Pictet & Cie, the Swiss multinational private bank and financial services group, has established its first office in Africa...
Swiss private banking group Banque Pictet has opened its first office in Africa, marking a major expansion as the continent’s...
Botswana’s economy is expected to return to growth in 2026 after two consecutive years of contraction, although rising fiscal deficits...
African leaders gathered in Addis Ababa on Saturday for the 39th African Union summit, confronting a world marked by war,...
Kenya cuts benchmark rate to three-year low Kenya’s central bank has reduced its benchmark interest rate by 25 basis points...
Equity Bank Limited, Kenya’s biggest lender by assets, has reduced pricing on Kenya shilling–denominated variable-rate loans following the Central Bank...
The new wave of industrialisation is taking shape, driven by manufacturing expansion, infrastructure build-outs, export-focused reforms, and targeted government policies...
At least 21 people have died after a passenger boat sank in River Nile state in northern Sudan. The boat...
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...
South African President Cyril Ramaphosa expressed his country’s support for efforts to end the Russia-Ukraine conflict in a phone call...
Egypt’s inflation slowed to its lowest level since September, strengthening expectations of another interest rate cut later this week as...
