central banks
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News
BoU’s Atingi-Ego calls for stronger COMESA cooperation amid global shocks
KAMPALA, November 20, 2025 — The Bank of Uganda [BoU] Governor and Chairperson of the COMESA Committee of Governors of Central Banks, Michael Atingi-Ego, has called for stronger regional coordination, credible policy…
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News
EAC begins building regional instant payment network with Rwanda-Tanzania pilot
KAMPALA, November 13, 2025 — In an innovative move set to revolutionise how people send and spend money across East Africa, Rwanda and Tanzania have commenced bi-lateral discussions on technical modalities to…
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International
Central banking manual for fighting crises: the need for split personalities
LONDON, August 28, 2025 — Patrick Honohan, governor of the Central Bank of Ireland from 2009 to 2015 – the seminal period of euro area sovereign debt upsets – is a central…
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News
Critical moment for women in finance
LONDON, April 18, 2025 –– 2025 is a critical moment for women in finance, OMFIF’s Gender Balance Index highlights, as modest gains in representation are threatened by growing backlash against inclusion initiatives.…
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News
COMESA states urged to embrace the regional payments and settlement system
UZULWINI, November 24, 2024 — Central Banks in COMESA Member States have been called upon to utilise Regional Payments and Settlement System [REPSS] for intra-COMESA transactions, owing to its potential to enhance…
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News
EAC central banks urged to embrace technology to facilitate cross-border financial transactions
ARUSHA, September 12, 2024 — East African Community [EAC] Partner States central banks have been called upon to embrace technology as part of efforts to facilitate cross-border payments within the EAC Common…
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Opinions & Commentary
Geopolitical risks continue to loom over central bank FX reserves
LONDON, May 19, 2024 – Two surveys of central bank foreign exchange reserve managers have been published in recent weeks – both of which highlighted that geopolitical risks were now considered to…
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News
Global commodity prices level off, hurting prospects for lower inflation
WASHINGTON, April 25, 2024 — Global commodity prices are leveling off after a steep descent that played a decisive role in whittling down overall inflation last year, which could make it harder…
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Africa
COMESA central banks get expertise in Big Data Analytics and AI
CAIRO, September 19, 2023 – The COMESA Monetary Institute [CMI] has launched a programme to build the capacity of the central banks in the region on the utilisation of Big Data Analytics…
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Opinions & Commentary
Central banks can fight inflation without massive handouts to banks
LONDON, September 6, 2023 – To fight inflation, central banks have to increase interest rates. Their operating procedure consists of raising the rate of remuneration on commercial banks’ reserves held at the central…
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