Month: December 2021

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Kenya: Mobile loan rates now under CBK controlJohn Mutua | Business Daily Africaon 7 December 2021 at 17:09 on 7 December 2021 at 17:09 on 7 December 2021 at 17:09 AFRICAN MARKETS: Business News

The Central Bank of Kenya (CBK) will start controlling the interest rates of digital loans under a new law that seeks to protect Kenyan borrowers from predatory lending. The Central Bank of Kenya (CBK) will start controlling the interest rates of digital loans under a new law that seeks to protect Kenyan borrowers from predatory lending.Read More ….  Read More

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Nigeria Covid-19 Update: Weighing the risks of Omicron – United CapitalUnited Capital Researchon 1 December 2021 at 21:32 on 1 December 2021 at 21:32 on 1 December 2021 at 21:32 AFRICAN MARKETS: Business News

Recent reports of a new coronavirus strain named “Omicron” have coursed through global markets, amid a continuous increase in Covid-19 cases in Europe. First discovered in South Africa, cases have since been recorded in Belgium, Botswana, Israel, and Hong Kong, Nigeria, among others. In a recent report, the Nigeria Centre for Disease Control (NCDC) identified ….  Read More

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Tanzania Announces Own Central Bank Digital Currency (CBDC) amid Plans to issue Crypto RegulationsKenyan Wallstreeton 29 November 2021 at 16:45 on 29 November 2021 at 16:45 on 29 November 2021 at 16:45 AFRICAN MARKETS: Business News

Tanzania’s central bank has announced intentions to launch its central bank digital currency (CBDC) amid the global rise and the increasing adoption of cryptocurrencies. Tanzania’s central bank has announced intentions to launch its central bank digital currency (CBDC) amid the global rise and the increasing adoption of cryptocurrencies.Read More 0 Shares