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East Africa Banking News. Service for global professionals. Constantly updated news and information about East Africa Banking.
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  • African Markets - Factors to watch on Nov 23 23 Nov 2009 06:10 GMT
    ... market moves and political events may affect African markets on Monday. - - - - ... making IFC one of its largest shareholders. EAST AFRICA Heads of state from the five-nation East African Community trade bloc signed a common market ...

  • Al-Aboodi sees huge potential in Africa 23 Nov 2009 00:31 GMT
    ... Islamic bank in some of the North African countries. In sub-Saharan Africa, there were some ... a success story there.” As far as non-banking financial institutions are concerned, the ICD focus ... the Arab Investment Bank of Riyadh in Sudan called the Arab Leasing Company in Sudan. ICD ...

  • Uganda's shilling little changed vs dollar 23 Nov 2009 09:37 GMT
    ... KAMPALA, Nov 23 (Reuters) - Uganda's shilling was little changed against the dollar ... importers, dealers said. At 0715, leading commercial banks posted the local unit at 1,870/77 versus ... Editing by Toby Chopra) (For more Reuters Africa coverage and to have your say on the ...

  • Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
    ... sale comes at a critical moment for Kenya's leading retail chain, whose finances have been ... healthcare, telecommunications and banking in four other African countries. Kingdom Holding Company (KHC) -- an investment ... also hopes to open four stores in Tanzania, three in Uganda, and one more in ...

  • Washington Post 23 Nov 2009 08:16 GMT
    ... any looted money is deposited in foreign banks. I honestly believe Ethiopian treasuries are being ... exporting fertile soil to Egypt and the sudan for free,by way of abbay,for centuries.only God knows ... feed itself. They said it is because Africans are uneducated to handle large farms, which ...

  • Cross-Border Trade Grows But 23 Nov 2009 10:33 GMT
    ... Kampala — INCREASING numbers of Ugandans watch South African TV, enjoy South African music and radio, eat South ... for Africa (UBA) and Global Trust Bank. Kenyan banks already in the market include Kenya Commercial ...

  • NBAD.com secures Arab Banking Web Award 22 Nov 2009 08:10 GMT
    ... spread out at remote locations to provide banking services to customers stationed at offshore oil ... Bahrain in the G.C.C., Egypt, Libya, and Sudan in Africa, London, Paris, and Geneva in Europe to ...

  • Fresh clues about Deep Green 22 Nov 2009 08:46 GMT
    ... that stole billions from the Bank of Tanzania in association with the Meremeta Gold and ... companies were not working for the South African bank that was allegedly backing the ghost ... however, Nedbank Africa Ltd-a branch of the banking group that focuses on expanding banking services ...

  • CBK Set to Renew Push for Banks to Lower Lending Rates 18 Nov 2009 00:53 GMT
    ... Kenya's banking industry regulator is set to renew its ... operating costs," said the Commercial Bank of Africa executive director Mike Bristow. An intensifying battle for ...

  • PREVIEW-Kenyan c.bank rate seen steady at next MPC meet 20 Nov 2009 11:54 GMT
    ... NAIROBI, Nov 20 (Reuters) - Kenya's Monetary Policy Committee (MPC) is widely expected ... could not afford further cuts because commercial banks have kept their rates high because of ... Musyoka, an independent analyst. But Razia Khan, Africa economist at the Standard Chartered Bank said she ...

  • Govt gets World Bank loan 18 Nov 2009 05:59 GMT
    ... According to Mr Matambo, this is the banks first strategy for Botswana that comes in ... and improve road links within the southern African sub-region. According to Ms Kagia, the project ... Africa and Namibia to Zambia, Angola and East Africa. She said the project will enable the ...

  • African Markets - Factors to watch on Nov 18 18 Nov 2009 06:50 GMT
    ... market moves and political events may affect African markets on Wednesday. - - - - GLOBAL ... Bureau of National Statistics said on Tuesday. KENYAN MARKETS Kenya's NSE 20 slipped 0.65 points to ... (MUA) rose on news of an acquisition. UGANDAN ECONOMY Uganda's wildlife park earnings are expected ...

  • African Markets - Factors to watch on Nov 19 19 Nov 2009 06:50 GMT
    ... market moves and political events may affect African markets on Thursday. - - - - ... the mid-term. For budget highlights, click on KENYAN MARKETS East Africa's biggest telecoms player Safaricom climbed 6 percent ...

  • Oil Will Enrich Or Ruin Nation; And This is How [document] 20 Nov 2009 13:51 GMT
    ... the prospects of an oil windfall for Uganda. Below we produce a slightly edited version of ... good Ministry of Finance and a good Central Bank; that is why it has been able ... resource wealth underneath its soil; in Sub-Saharan Africa it's about US$20,000. The reason is not that ...

  • African Markets - Factors to watch on Nov 17 17 Nov 2009 06:30 GMT
    ... market moves and political events may affect African markets on Tuesday. - - - - GLOBAL ... Federal Reserve Chairman Ben Bernanke said the central bank was likely to keep rates at very ... in the west African nation, analysts said. KENYAN MARKETS Kenyan stocks were largely stable on Monday ...


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