by | Jan 17, 2022 | Other
The National Bank of Ethiopia (NBE) implements a new 70-20-12 rule for foreign currency management to reduce the amount of foreign currency available to banks and exporters. The percentage of earnings to be surrendered to private banks is 10%, with the bank paying the...
by | Dec 20, 2021 | African News
Previously, Kenyans abroad relied only on traditional transfer services that required paperwork and physically going to banks to transfer that sometimes took hours to complete. Kenya has experienced thrilling and quick stages of development due to the combination of...
