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Michael Atingi-Ego has been appointed by President Museveni as the new Governor of the Bank of Uganda, with Augustus Nuwagaba named
KCB Bank Kenya has reduced its base lending rate from 15.6% to 14.6% per annum, effective February 10, 2025. The final
The Co-operative Bank of Kenya has reduced its Base Lending Rate, lowering it from 16.5% per annum (p.a.) to 14.5% p.a.
The Central Bank of Kenya (CBK) has introduced new regulations that will considerably impact the banking sector, requiring banks to raise
NCBA has officially launched its Sustainable Development Impact Disclosure (SDID) Document, making it the first African bank to adopt and publicly
The Bank of Uganda (BoU) has opted to maintain the Central Bank Rate (CBR) at 9.75%, citing stable inflation trends and
The Central Bank of Kenya (CBK) has lowered the lending rate by 50 basis points to 10.75 percent from 11.25 percent,
Kenyan banks are grappling with a rising tide of insider fraud, with employees exploiting their positions to siphon millions from financial
The Bank of Uganda (BoU) has named Margaret Kasule as the new Legal Director and appointed Collin Babirukamu as the Executive
Kenya’s Treasury and the Central Bank of Kenya (CBK) are locked in a dispute over the establishment of the East African
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