Gold reserves are essential to financial stability because they shield national economies against inflation, currency ...

The Government of Kenya has introduced new regulations under the Kenya Citizenship and Immigration Act, exempting certain ...

Uganda plans to borrow €500 million ($568 million) from three lenders, including the African Export-Import Bank (Afreximbank) ...

The Reserve Bank will prepare a framework for responsible and ethical adoption of AI in the financial sector, as per the ...

South Africa’s central bank chief has given the country’s local-currency bonds another reason to add to their market-leading ...

Investors are piling into the debt after Sarb Governor Lesetja Kganyago argued strongly on Thursday for a reduction of the ...

Trump Tells Powell Not Cutting Rates Is a Mistake in Oval Office Meeting By Michael Maloney ...

As international development aid faces growing pressure, the African Development Bank (AfDB) is entering a new era. Yesterday, May 29, Sidi Ould Tah of Mauritania was elected as the Bank’s new ...

At the AfDB, the elections are conducted using an electronic voting system or physical paper ballots, in accordance with the ...

The central bank lowered its benchmark interest-rate target to 8.5% from 9% on May 15. In the week through May 24, 240,000 people newly filed for unemployment benefits, compared with 226,000 the week ...

South Africa's central bank cut its benchmark repo rate by 25 basis points to 7.25 percent on Thursday, citing subdued inflation and slowing growth, while lowering its forecasts for both gross ...

Rashad Cassim, Deputy Governor of the South African Reserve Bank, speaks during an interview on the sidelines of the G20 ...