Kenya extends free mobile money transactions for cashless payments
For that reason, the central bank has extended free mobile money transactions less than Sh1,000...
Tag : Covid-19
Brazil central bank to allow firms use real estate as collateral for loans
Other measures include banks that extend loans to SMEs to reduce reserve requirements and lower banks' requirements for contingent liabilities provision...
The UK seeks to launch national research programme for Covid-19
The programme will be launched to examine the accuracy of Covid-19 diagnostic tests...
Malaysia on top when it comes to mobile money usage in SE Asia
Online activities have significantly increased since the pandemic...
Sasol seeks to end oil operations in West Africa
The reasons are attributed to weak oil prices and low demand on the back of Covid-19...
MAS shortlists 14 applicants for digital banking licences
Out of the 14, five are digital full bank applicants and nine digital wholesale bank applicants...
Petroleum dealers in Africa hoard fuel products
The Energy and Petroleum Regulatory Authority has issued a warning with financial penalties, jail terms and permanent revocation of licences...
NCBA Bank develops rationalisation strategy to merge branches
With this decision, NCBA Bank's number of branches in Kenya will reduce to 68...
South African banks under strain; sharpest decline in earnings
The banks are also forced to cut interest rates because of the pandemic...
China’s oil demand rebounds to 90% pre-Covid-19 levels
Demand is expected to reach 92% in May...