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East Africa Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about East Africa Banking.
Latest East Africa Banking News
- 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, ...
- 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) ...
- Citi bank group upgrades global 2010 economic growth forecast 24 Nov 2009 00:43 GMT
... the second and third fiscal quarters. Central banks are unlikely to hike key interest rates through ... as resource-rich regions like the Middle East, Africa, Latin America, Russia and Brazil see growth. ...
- Of Colonialism, North-South Dichotomy 24 Nov 2009 10:33 GMT
... Issues and contentions which arose from the launch of a ... launch of Pa Olaniwun Ajayi's book: Nigeria: Africa's Failed Asset? had been inspirational and thought ... coming on board of the Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, ...
- Yesterday's Top Story: Gold to hit $1650 by late 2010, early 2011, but estimate could be low - Jim Sinclair 24 Nov 2009 09:17 GMT
... HOME > REGIONS > AFRICA Gold to hit $1650 by late 2010, ... IMF which I believe is becoming the central bank." He adds that, national strength and ...
- Export markets sought and expanded 24 Nov 2009 04:31 GMT
... Textile and garment products manufactured for export. Nhan ... and expand new export markets such as African and Middle East markets. These markets have ... well as some countries with quite developed banking systems and rather strong financial potentials (for ...
- Mysteries of the Nile 24 Nov 2009 01:52 GMT
... BC ventured into the sunbaked heart of Africa to see the sights and would report: ... us on a day trip to the Sudan border. At road's end is the colossal ... Kingdom landmark. He had met Sir Joseph Banks in London and with his patronage travelled in ...
- 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 ...
- A Memory of Kyoto 24 Nov 2009 04:34 GMT
... was Ryokan Yuhara, right on the canal banks at the southern end of the Philosophers’ Walk. ... endure. Philip Spires Author of Mission, an African novel set in Kenya ...
- African Markets - Factors to watch on Nov 23 23 Nov 2009 06:10 GMT
... Nov 23 (Reuters) - The following company announcements, scheduled economic ... market moves and political events may affect African markets on Monday. - - - - ... points on Firday, thanks to gains in banking and other stocks. NIGERIA OIL Nigeria renewed ...
- Al-Aboodi sees huge potential in Africa 23 Nov 2009 00:31 GMT
... KHALED Mohammed Al-Aboodi is a development banker in a hurry. He is also part ... of a new generation of Islamic development bankers for whom substance perhaps takes priority over ... an interview, “the presence of Islamic commercial banks is very limited. You may find one Islamic bank ...
- Hungry for Opportunities, European Investors Eye Africa's Unlisted Firms 23 Nov 2009 14:00 GMT
... investors are hungry for shares in unlisted African firms and could provide the needed shot in ... The Nigerian bank crisis - in which banks were left holding toxic assets following a loaning ... would have added 300MW to the power-strapped east African nation's grid. 'The risks inherent in emerging ...
- Media Trust African of The Year Nominee to Be Named January 23 Nov 2009 12:12 GMT
... Abuja — The Advisory Board of the Daily Trust African of the Year award has concluded the ... of diverse professional background including public servants, bankers, journalists, scientist, human rights activists and philanthropist, ...
- Uganda's shilling little changed vs dollar 23 Nov 2009 09:37 GMT
... importers, dealers said. At 0715, leading commercial banks posted the local unit at 1,870/77 versus the U.S. ... All Uganda Bonds............. Uganda T-Bills.............. Uganda Benchmark............. Central Bank................ Ugandan Contributor Index.... Uganda Coffee Prices...... ... Editing by Toby Chopra) (For more Reuters Africa coverage and to have your say on ...
- Rebel Leader to Seek Protection From Sudan Army 23 Nov 2009 06:13 GMT
... report to the first detachment of the Sudanese Armed Forces (SAF) seeking protection and logistical ... was planning to move along the Central African border to Chad and then enter into ... of which were still buried in river banks and hills in Southern Sudan. "For example in ...
- Whose Community is It Anyway? [opinion] 23 Nov 2009 10:00 GMT
... often ran aground on the reality of bankers coming out of the shadows and placing ... the real owners. Likewise, much of Uganda's banking sector in the 1960s was actually owned by European banks through a simple but clever formula: The local ...
- Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
... medium term syndicated loan from four local banks. The sale price puts Nakumatt's total worth at about ... a major jolt in 2006 after the Central Bank of Kenya put one of its bankers, Charterhouse Bank, under statutory management. A strong ...
- Cross-Border Trade Grows But 23 Nov 2009 10:33 GMT
... which controls roughly over 50% of the banking industry. Other South African companies making a ... fray in the financial sector with three banks registering, these are Bank PHB, United Bank ... banks already in the market include Kenya Commercial Bank (KCB), Equity Bank and Fina Bank. ...
- Capital markets future is promising 23 Nov 2009 23:51 GMT
... Uganda’s stock market has become a boiling point ... Kitariko, the general manager of investment firm African Alliance spoke to What are the current trends ... what will be the impact when the East African exchanges are integrated? Well, increased liquidity, increased ...
- SMEs Strategise for Better Prices 23 Nov 2009 20:25 GMT
... and medium enterprises including farmers in the East African Community (EAC) member states should form groups that ... farmers to access loan facilities from commercial banks and services from telecommunication companies than when one ...
- Citi upgrades global 2010 economic growth forecast 23 Nov 2009 22:10 GMT
... the second and third fiscal quarters. Central banks are unlikely to hike key interest rates through ... as resource-rich regions like the Middle East, Africa, Latin America, Russia and Brazil see growth. ...
- Citi upgrades 2010 economic growth forecast, expects an uneven global recovery 23 Nov 2009 22:34 GMT
... the second and third fiscal quarters. Central banks are unlikely to hike key interest rates through ... as resource-rich regions like the Middle East, Africa, Latin America, Russia and Brazil see growth. ...
- Monday, November 30 23 Nov 2009 01:36 GMT
... Posted on November 22, 2009 at 5:32 PM Today is ... cities. 1989 - Terrorists kill West German banker Alfred Herrhausen. 1990 - U.S. President George Bush ... to Darfur to boost a beleaguered 7,000-member African Union force, crushing hopes for a quick ...
- Washington Post 23 Nov 2009 08:16 GMT
... any looted money is deposited in foreign banks. I honestly believe Ethiopian treasuries are being shipped ... exporting fertile soil to Egypt and the sudan for free,by way of abbay,for centuries.only God ... feed itself. They said it is because Africans are uneducated to handle large farms, which ...
- East African bloc sign common market treaty 22 Nov 2009 04:37 GMT
... East African Heads of State from left Presidents Yoweri ... Monetary Union being spearheaded by the European Central Bank in collaboration with the East African ...
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