Africa
Governor returns to Sudan’s central bank to fill leadership gap
Hazem Abdelqader died suddenly of a heart attack on a visit to Turkey
Sarb’s Groepe says cyber security must be adaptable to changing landscape
It is “essential” for financial institutions to have “agile and responsive” practices in place, deputy says
Number of bank accounts in Malawi up 64 % in six months – governor Kabambe
Digital financial services reducing the number of people unbanked in Malawi, says governor
Sarb’s Mminele says IT investment could help African cities grow
South African deputy governor encourages investment in both human and physical capital
Sierra Leone’s president fires governor and appoints successor
Recently-elected president appoints academic as economy’s problems worsen
Kenyan central bank reports big increase in banks breaching regulations
Governor calls for banks to consider their “long-term impact on society”
Kenyan central bank toughens cyber security standards
Regulator issues minimum standards for cyber security for payment system providers
Bank of Mauritius lowers inflation forecast
Adverse shocks to food prices are subsiding, central bank says
Kenyan banks forced to reveal hidden loan fees
Kenya’s central bank begins effort to repeal interest rate cap
Somalia central bank begins global search for new governor
Central bank looks for suitable candidate to continue major reforms, as country attempts to recover following decades of conflict
Ghanaian governor accuses failed banks of malpractice
Ernest Addison says some banks used “pretence” and shareholders took large sums
Kenya’s central bank cuts rates in bid to boost economic output
Growth remains strong, but economic output was below potential, Njoroge says
Ghana under pressure from Fed hikes – governor Addison
US policy normalisation sends Ghana’s inflation into double figures while the currency falters
Ugandan governor says central bank not ‘obliged’ to bail out banks
Bailouts could encourage mismanagement, he says
IMF aims at major reforms of Malawi’s central bank
Aid aims to help central bank move to interest-rate-based framework and inflation targeting
Zimbabwe clears debt with IMF but hurdles to financing remain
IMF looks to extend debt deadline for Somalia and Sudan
Failed bank depositors to gain unrestricted access to funds – Sarb
Around 97% of retail depositors will be paid in full, the central bank says, as investigation into mismanaged bank continues
Liberia’s central bank chief resigns amid reports of ‘government pressure’
Local media reports Weeks resisted government pressure to agree to loan financing
KYC regulation impinging on financial inclusion – Sarb
Fintech firms could help under-served customers through a “digital identity”, which will allow banks to identify customers without them having to visit branches in person
National Bank of Angola settles $426 million debt with Namibian counterpart
Failed currency agreement resulted in huge accumulation of debt as a fall in oil prices stifled Angola’s access to US dollars
South African central bank puts cyber security on strategic agenda
Sarb says it has put “base infrastructure” for security incident technology in place
IMF report says Mauritius central bank needs clearer resolution powers
Current framework restricts regulator from acting in a timely manner – IMF staff
Bank of Botswana urges government to reduce reliance on diamonds
Central bank believes demand for commodity is likely to dwindle in the future despite global recovery
Central Bank of Kenya is ‘under attack’ – Njoroge
Kenyan governor says new regulator will threaten independence and mandate of central bank