Moody’s drops its local South African rating license
Local banks will have two years to adjust after Moody’s gives up its South African rating license.
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banking
Banker Henri-Claude Oyima takes Gabon’s finance ministry
Gabon’s new finance minister, Henri-Claude Oyima, is set to address the country’s liquidity crisis and economic revival.
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Zambia’s SEC penalizes Standard Chartered for bond mis-selling
Zambia’s Securities and Exchange Commission has sanctioned Standard Chartered for mis-selling Chinese property bonds to a local client, according to a source.
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African banks at risk as nature loss hits borrowers
A new study shows how nature loss could devastate African economies by crippling banks.
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Nigeria to reclaim union, keystone banks from ex-CBN in fraud probe
Former CBN chief Emefiele faces probe over illegal bank acquisitions using “dirty money.” Government to buy banks back.
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