The East African Community (EAC) has reconstituted the region’s Monetary Affairs Committee (MAC) following the appointment of new heads of central banks, bringing hope for fresh ideas to re-energise ...
Africa is still many years away from having the political will or the monetary ability to make a single currency a reality ...
which would later become the East African Central Bank that would issue a single currency. The main benefits of a monetary union are the reduction in transaction costs, savings in international ...
The East African on MSN6d
Varying licensing fee regimes leave investors unsure of banking costsKenya which prides to offer investors the least cost licensing regime for banks in the region has announced a plan to raise ...
The African Continental Free Trade Area (AfCFTA) is Africa's most ambitious economic integration project, bringing together ...
A single currency would not only help to boost economic growth in Africa, but also bring greater stability, reduce the cost of doing business, and increase the competitiveness of African products ...
Ecowas set to launch the Eco single currency in 2027; Malawi's agriculture minister on helping tobacco farmers to diversify; And why South Africa has a shortage of snake antivenom Show more The ...
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