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Eastern Africa

Online Transactions – Public Key ICT Infrastructure for Kenya

The government through the Kenya ICT board, Communications Commission of Kenya (CCK) and Directorate of E-government, held a forum with stakeholders to sensitise them on what it will take to Read More →

FNB Zambia to open three new branches across Zambia in 2013

First National Bank will open five new branches this year including in Chipata, Solwezi and Chingola as it continues to extend its services in to the unbanked population. And FNB Read More →

MasterCard Launches Training Centre To Enhance Payments Industry Skills Development in Kenya

MasterCard announced the launch of a brand new training facility in Kenya to empower the financial services ecosystem with knowledge on various aspects of cashless payments in order to boost Read More →

National Bank of Kenya Rebrands, Unveils New Growth Strategy

National Bank of Kenya has re-branded itself as part of a new strategy aimed at transforming it into one of the top tier banks in the country in the next Read More →

Equity Bank Appoints Chief Officer of Finance, Innovation and Technology

Equity Bank has notified the NSE, Capital Markets Authority and CBK of its decision to reorganize its finance function both at the Group level as well as the Kenyan subsidiary. Read More →

Standard Chartered Kenya Reports Profits of KShs 2.7 Billion for the period ended 31 March 2013

Standard Chartered Kenya has announced a pre-tax profit of KShs 2.7 billion for the period ended 31 March 2013. Total income remained flat at KShs 5.4 billion with loans and Read More →

Barclays Bank Mauritius Restructures and Gets New Banking Licence

At a function held at the Bank of Mauritius Tower, the Bank of Mauritius (the Bank) granted a new banking licence to Barclays Bank Mauritius Limited, a locally incorporated wholly Read More →

Visa and Equity Bank Launch New Money Transfer Service: Visa Personal Payments

Visa in Kenya announced the launch of Visa Personal Payments (VPP) in collaboration with Equity Bank, East Africa’s largest commercial bank by customer base. Visa Personal Payments is a convenient, cost-effective Read More →

Kenyan Banking Sector Records Improved Performance in 2012

The Central Bank of Kenya says that generally, the banking sector was sound and stable and recorded improved performance in 2012 as indicated by Total net assets which increased by Read More →

Cambria Africa to Put US$2m into Payserv to Grow Payment Systems Offerings in Zimbabwe and Zambia

Cambria announced it has executed agreements with a subsidiary of Johannesburg based Nisela Capital (Nisela) relating to the placement of US$ 2 million in convertible debt into its Payserv subsidiary. Half Read More →
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