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UPDATE 1-Kenya slashes central bank rate by 0.75 percent 24 Nov 2009 13:54 GMT
... Monetary Policy Committee (MPC) cut the key central bank rate by 75 basis points to ... responding to its decisions and signals. Both banks and the real sector understood the Committee's earlier decisions and ... Editing by David Clarke) (For more Reuters Africa coverage and to have your say on ...
Gold Hits Fresh USD, Euro & GBP Records as UK Central Bank Bets Its Pension on Inflation-Linked Bonds 24 Nov 2009 14:33 GMT
... wake of the [recent] announcements from central banks � � the market is catching onto a strong buy signal ... most investors have positioned themselves long." 's central bank said today that it grew its ... thought. Formerly No.1, "Within three years, South Africa could fall to fifth place" in the ...
`Phone banking has no effect on regular financial services` 24 Nov 2009 08:22 GMT
... Dar es Salaam-based financial expert has said. Commercial Bank of Africa (CBA) small and medium ... benefits one could get by saving with banks, know-how on taxes and excise duty as ... only a few portions of prospective eligible bankers had opted for the service. “We as ...
Tunisia hosts seminar on role of central banks in new international financial architecture 24 Nov 2009 12:33 GMT
... Tunisia hosts seminar on role of central banks in new international financial architecture Mr. Taoufik Baccar, the Governor ... Mr. Taoufik Baccar, the Governor of Tunisia’s Central Bank (BCT) opened on Monday in Tunis, ... to ensure extensive monitoring to banks and non-banking financial institutions as well as to all ...
African Markets - Factors to watch on Nov 24 24 Nov 2009 06:10 GMT
... market moves and political events may affect African markets on Tuesday. - - - - ... investor caution, which set in after disappointing banks' earnings. NIGERIA BUDGET Parliament is expected to formally ... and management of the bourse. KENYA MPC Central Bank of Kenya's Monetary Policy Committee (MPC) ...
UPDATE 2-S.Africa exits recession as factories rebound 24 Nov 2009 13:54 GMT
... By Gordon Bell PRETORIA, Nov 24 (Reuters) - South Africa's economy exited its first recession in almost ... seasonally adjusted quarterly basis, while both the central bank and National Treasury had expected the ...
INDICATORS - Egypt - Nov 24 24 Nov 2009 06:52 GMT
... Latest Date Pvs Rate 4 weeks ago 91-day T-bill yield ... 364-day T-bill yield 10.981 24/11/09 10.263 10.242 Central bank discount rate 8.5 2/8/09 9.0 9.0 ...
UPDATE 1-S.Africa exits recession, Q3 GDP up 0.9 pct q/q 24 Nov 2009 11:14 GMT
... PRETORIA, Nov 24 (Reuters) - South Africa's economy exited its first recession in almost ... said Annabel Bishop, economist at Investec. The central bank has since December cut interest rates ...
South Africa moves out of recession 24 Nov 2009 13:35 GMT
... South Africa's economy has come out of recession, with ... of economic analysis and research, said. The central bank loosened monetary policy in December last ...
Rusal's crossroads - Russia, Libya or China 24 Nov 2009 10:50 GMT
... reaching the mark once predicted by Russian bankers - just $10 billion. They are conceding ... 25% shareholding in Norilsk Nickel to a banking syndicate comprised of Royal Bank of Scotland, ... to Rusal for immediate repayment to the banks. This wasn't so much a bailout of ...
Morocco - Drop in foreign farm investment 24 Nov 2009 01:01 GMT
... Morocco - Drop in foreign farm investment � ... officials said. Foreign investment in the north African country had fallen by a third in ... according to government figures, as the global banking crisis made investors loath to venture into ...
UPDATE 3-Nigeria proposes 32 pct rise in spending for 2010 24 Nov 2009 15:25 GMT
... Camillus Eboh ABUJA, Nov 24 (Reuters) - Nigerian President Umaru Yar'Adua sent a 4.079 trillion ... rise in spending meant to revive sub-Saharan Africa's second largest economy. The proposed spending is ... a combination of flight to quality by banks and pension funds together with repeated liquidity injections ...
UPDATE 4-Nigeria plans sharp spending rise on oil delta, power 24 Nov 2009 16:13 GMT
... ABUJA, Nov 24 (Reuters) - Nigeria plans to increase spending by a third ... 2009 which, if approved, will push sub-Saharan Africa's second biggest economy even further beyond a ... a combination of flight to quality by banks and pension funds together with repeated liquidity injections ...
Egypt IT spending projected to reach USD 1.9 billion by 2013 24 Nov 2009 10:50 GMT
... Egypt IT spending projected to reach USD 1.9 ... a global financial community. Designed for the banking and financial services sectors, the system can ... by working with more than 1,100 global banks to deliver leading risk management solution that address ...
UBA Opens in Gabon - Now in 14 African Countries 24 Nov 2009 04:30 GMT
... The pan-African financial services Group, United Bank for Africa ... African countries where UBA has full scale banking operations. The other countries being; Nigeria, Ghana, ...
Credit card fraud grows at a 'lower' 5%, say banks 24 Nov 2009 06:00 GMT
... CREDIT card fraud continued to hit the banking industry, the South African Banking Risk Information Centre (Sabric) said yesterday. ... said Sabric CEO Kalyani Pillay. She said banks remained committed to raising the public’s awareness of ...
Card fraud bleeds banks 24 Nov 2009 07:34 GMT
... Credit card fraud continues to hit South Africa's banking industry, the South African Banking Risk Information ... chief executive officer Kalyani Pillay. She said banks remained committed to raising the public's awareness of ...
Egypt IT spending projected to reach $1.9bn by 2013 24 Nov 2009 08:58 GMT
... by 10% or more in 2010, with Egypt among the countries who are geared up ... a global financial community. Designed for the banking and financial services sectors, the system can ... by working with more than 1,100 global banks to deliver leading risk management solution that address ...
THE reduction of the Kwacha base-lending rate by Standard Chartered Bank, which will come into effect next month, is a positive move which will benefit the Zambian economy. 24 Nov 2009 06:13 GMT
... a positive move which will benefit the Zambian economy. Standard Chartered Bank announced yesterday that ... rate is at 19 per cent, more banks should emulate Standard Chartered. As President Rupiah Banda ... and were actually eroding confidence in the banking sector. That is why there is an ...
TSX end higher on resource issues, banks 24 Nov 2009 04:35 GMT
... TSX end higher on resource issues, banks TORONTO (Reuters) - Toronto's main stock index ... it said it had agreed to buy Zambia-focused miner Kiwara Plc in a cash and ...
Banks say, Africa Israel is ours! 24 Nov 2009 12:51 GMT
... The three big banks told the court that 29% of the floundering ... bank debt through his private company Memorand. Africa Israel owes NIS 8 billion, of which ...
How safe is South Africa? Advice for England fans 24 Nov 2009 16:38 GMT
... How safe is it in South Africa? It is the question nagging the mind ... of scammers, so avoid doing your internet banking on public computers. Overall South Africa is ...
Troubled Banks - Judge's Absence Stalls Ebong's Trial 24 Nov 2009 08:23 GMT
... Trial of the sacked managing director of Union Bank ... each, with two sureties who must be Nigerians and will be resident in either Lagos ...
TYLER PERRY GIVES BACK: Donates $1 million to NAACP and $150k to two Atl food banks. 24 Nov 2009 14:50 GMT
... NAACP and $150k to two Atl food banks. *Entertainment mogul Tyler Perry continues to give back ... courageous pioneer in bringing positive images of African American culture and struggles to the screen. ...
TYLER PERRY GIVES BACK: Donates $1 million to NAACP and $150k to Atl food banks. 24 Nov 2009 16:10 GMT
... to NAACP and $150k to Atl food banks. *Entertainment mogul Tyler Perry continues to give back ... courageous pioneer in bringing positive images of African American culture and struggles to the screen. ...

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