Briefly tracks financial services developments — court rulings, legislation, gazette notices, and regulatory updates — from courts and regulators across Africa. 15 updates tracked in the past 30 days, last updated 16 Jun.
Get Financial Services updates in your inboxThe Central Bank has published its comprehensive survey on household remittances for the 2025 period. Financial institutions can utilize this data to understand consumer behavior and trends in cross-border fund transfers.
Read sourceThe Authority recently concluded a roundtable focused on legal and policy frameworks for deposit-taking SACCOs. Discussions centered on enhancing regulatory compliance and operational stability within the cooperative sector.
Read sourceThe Bank of Tanzania has updated information regarding its banking and currency management services. Financial institutions should review these details to ensure compliance with central bank operations.
Read sourceThe Insurance Regulatory Authority has released updated statistics on claims settlement performance across the Kenyan insurance market. Insurers should analyze these figures to evaluate their settlement efficiency and ensure they meet regulatory benchmarks.
Read sourceThe Monetary Policy Committee has elected to maintain the Central Bank Rate at 8.75 percent following its latest review. Financial institutions should maintain their current interest rate frameworks in alignment with this stable benchmark.
Read sourceTaxpayers must pay a percentage of the gain realized upon the transfer of property or unquoted shares in Kenya. The tax is due on or before the date of application for transfer of the property at the relevant land registry.
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