Our main focus today is around banking sector in Africa, we discuss interest Capping, bad loans and their impact on the economy, Moody's Investors Service has yesterday assigned first-time ratings to Zenith Bank Plc (Zenith), Guaranty Trust Bank Plc (GTBank), United Bank for Africa Plc (UBA) and First Bank of Nigeria Limited (FBN), four leading Nigerian banks that account for approximately 48% of the country's banking assets. A full list of the banks' ratings is at the end of this press release. The ratings agencies are back in Africa; Moody’s says it has noticed financial underperformance and weak governance in SA

Interest rate caps save seven NSE-listed firms Sh800m finance costs, KCB now caps interest on mobile-based lending, Zimbabwe to introduce $75m worth of local bank notes, Tanzania-focused miner Kibo to work with GE on coal-to-power project