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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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Latest East Africa Banking News

  • Tanzania Eurobond auction still stalled 29 Dec 2009 08:53 GMT
    ... roads, railways, power and port facilities in Tanzania awaits completion of a study to determine ... far, he said, Senegal was the only African country to risk selling sovereign bonds. Kenya and Tanzania were still keeping a distance—to ...

  • Eastlands turns into business hub 28 Dec 2009 20:32 GMT
    ... and other suburban areas are attracting retailers, banks and utility firms with huge population A ... Eastlands from his rural home in central Kenya in 1985, Simon Muteru was impressed by the ... Eastlands was the designated residential area for African workers and was considered as a “dormitory town.” ...

  • MoneyGram International Doubles Its Money Transfer Network in Serbia 28 Dec 2009 17:10 GMT
    ... and head of Europe, the Middle East, Africa and Asia Pacific. "MoneyGram transaction growth has ... Alpha Bank is one of the leading banking and financial groups in Southeast Europe with ... has earned its place among the biggest banks in the country. Alessandro Cantarelli Italy Tel: ...

  • African Markets - Factors to watch on Dec 28 28 Dec 2009 06:51 GMT
    ... market moves and political events may affect African markets on Monday. Asian stocks rose on Monday ... up to 4.55 from 4.50 shillings. The Kenyan, Ugandan and Tanzanian shillings were all expected to be stable ...

  • Central Bank toughens on borrowers 27 Dec 2009 21:42 GMT
    ... The move is aimed at aligning the banking industry to the technology required of a ... The CRBS, operated by CompuScan, a South African firm, delivers a biometric (body)-based customer numbering system ... for each borrower, while the Bank of Uganda (BOU) issues and supervises its operations. The ...

  • Tanzania Country Specific Information 24 Dec 2009 21:24 GMT
    ... via COMTEX) -- Tanzania is a developing East African nation noted for both its history of ... the continuing threat posed by terrorism in East Africa and the capacity of terrorist groups to ...

  • Faber Says Watch US vs. China Great Powers Game Play During 2010 24 Dec 2009 16:35 GMT
    ... East even in the Indian Ocean, in East Africa and so forth. So that will lead ... and in Asia we have essentially central banks that hold including Japan 70% of the ...

  • African Markets - Factors to watch on Dec 24 24 Dec 2009 07:14 GMT
    ... market moves and political events may affect African markets on Thursday. Asian stocks rose on Thursday ... 0.14 points to stand at 70.76. The Kenyan, Ugandan and Tanzanian shillings were all expected to be stable ...

  • Copenhagen Blame Game and Wrap-up 24 Dec 2009 04:38 GMT
    ... climate secretary, Ed Miliband, today accuses China, Sudan, Bolivia and other leftwing Latin American countries ... The Auto Bailouts... ...Blown Opportunity No 3: The Bank Bailouts... (21 Dec 2009) THE Copenhagen climate-change ... after that. Although modern humans emerged from Africa into Europe and Asia by about 40,000 ...

  • We are the World Remembered: Getting Aid to Those in Need 23 Dec 2009 21:42 GMT
    ... talking.” Ken Kragen, former President, USA for Africa, and organizer, 'We are the World' project, ... brother Marlin. Kragen remembers their arrival in Sudan as an intensely emotional experience. “It was ... US-based organizations carrying out famine relief in East Africa, such as Care and Save the Children. ...

  • I'm dreaming of a cashless Christmas 23 Dec 2009 19:52 GMT
    ... for stuff, but also to receive payments: African countries such as Kenya are well ahead of us here, with six ... regulate the economy, since it would let the Bank reduce interest rates to below zero, instead ...

  • Heritage Oil Amended Notice of Bondholder Meeting 23 Dec 2009 15:32 GMT
    ... interest in Blocks 1 and 3A in Uganda. The consideration comprises cash of US$1.35 billion ... and gas in its core areas of Africa, the Middle East and Russia. -- Heritage ... the Democratic Republic of Congo, Malta, Pakistan, Tanzania and Mali. -- For further information please ...

  • The Torture of Two Innocent Men Who Just Left Guantanamo 23 Dec 2009 14:47 GMT
    ... to leave, but Rosenberg -- and the East African media -- reported that the men had already ... the inhabitants' lifeline. With no recognized private banking system, the remittance trade was dominated by ...

  • System change not climate change 23 Dec 2009 14:42 GMT
    ... of the planet – including swathes of Africa – vulnerable to climate change, Ama Biney writes in ... States do not make particular communities in Sudan, Kenya, Ghana, Ethiopia and elsewhere, even more vulnerable ...

  • The deadly myopia of the climate brahmins 23 Dec 2009 14:15 GMT
    ... are ministers and senior bureaucrats, others are bankers and consultants, some are scientists and technical ... Their methods have not changed. In sub-Saharan Africa the special interest groups have thrown people off ... and shoot to kill, as in eastern Uganda. In sub-continental Asia they build new roads ...


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