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Eastern Africa

Exim Bank Tanzania Launches Master, Visa Cards to Ease Tourism Transactions

Tourist visiting national parks do not need to walk with cash for making payment as now they could do so electronically. This comes following launching of Exim Bank’s Master and VISA cards Read More →

KCB Bank Partners With UnionPay International For Online Payments in East Africa Region

KCB Bank, one of East and Central Africa’s largest banks has announced a tie up with UnionPay International, the leading online payment service providers to accelerate its expansion into the Read More →

Standard Chartered Bank Looking to Boost Investments in Africa

Standard Chartered Bank has announced plans to step up investment and leverage its unique footprint and international banking expertise to drive growth in Africa. Through a new brand campaign, ‘Here for Read More →

The National Bank of Commerce Launches Tax Payment Facility in Tanzania

The National Bank of Commerce (NBC) has introduced a new tax banking product which will enable payments of revenue through the bank. “Customers and non customers of the bank will be able Read More →

What Lessons Can We Learn From East Africa’s Mobile Money Developments?

With more than one billion consumers, Africa is a continent of rising influence and potential. In East Africa, specifically in Kenya, mobile money has boosted the economy, revolutionized retail, and changed Read More →

KCB Bank Tanzania Launches Biashara Club

KCB Bank Tanzania launched a Biashara Club to provide Small and Medium Sized Enterprise (SMEs) with banking and enterprise development services. Over 100 Biashara Club members met in Dar es Salaam Read More →

Stanbic Gets Euromoney Awards for Excellence

Standard Bank has been recognised as Africa’s Best Bank for Markets and Africa’s Best Bank for Wealth Management at the 2016 Euromoney Awards for Excellence. The bank, which trades in the country Read More →

Danford Mbilinyi Honoured as ATM Industry Champion

Danford Mbilinyi, CEO of UmojaSwitch in Tanzania, has become the latest ATM Industry Champion to be recognised by ATMIA, a global non-profit trade association with more than 6000 members in Read More →

Banks in Tanzania Reduce Non-performing Loans

Financial institutions have managed to cut down on non-performing loans after increasing access to credit reference databank services. The number of borrowers submitted by banking institutions to the Credit Reference Databank increased Read More →

Standard Chartered Launches Roll Out of Mobile, Online Banking in Tanzania

Standard Chartered has launched an extensive roll out of mobile and online banking in Tanzania and across Africa. The bank said in a statement that the roll out will cover 1 Read More →
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