03/19/2024
Dark clouds gather for South Africa as reality sinks in
The rand started the new week on the back foot, pushing towards the psychological R19.00 to the dollar mark as markets brace for tighter monetary policy in the coming weeks.
03/19/2024
The rand started the new week on the back foot, pushing towards the psychological R19.00 to the dollar mark as markets brace for tighter monetary policy in the coming weeks.
03/19/2024
Since Section 3(1) provides that a foreign investor who intends to invest in Kenya may apply to the authority for an investment certificate,” the committee chaired by Embakasi North MP James Gakuya said.
03/18/2024
The CMA approved the bank’s application for its bond issue on April 22, 2015, a move that saw the institution proceed to raise Sh4.8 billion from investors.
03/15/2024
The regulators collect billions of shillings each year in the form of levies, licence fees and fines, leaving them with substantial surpluses, which they remit to the Treasury.
03/14/2024
South Africa is poised to introduce a new bank.
03/14/2024
The Executive Board of the International Monetary Fund (IMF) approved on March 4, 2024 an extension until end of 2024 of the temporary increase in normal limits
03/14/2024
Bitcoin — the world’s largest cryptocurrency — hit an all-time high of $73,664
03/14/2024
The governor said that work is underway to fix the numerous issues that were identified by the Financial Action Task Force (FATF) – which is expected to be completed by the watchdog’s next review.
03/13/2024
The IMF also sees the recent actions of the Monetary Policy Committee (MPC), which further tightened monetary policy
03/13/2024
Concerningly, debt levels are the highest for the middle class
03/13/2024
A trading participant shall not provide margin financing facility to an investor who has engaged in securities trading for less than half a year
03/11/2024
This proactive measure would streamline the review process and improve overall compliance within the sector.
03/11/2024
Brown’s comments come after the government pursues two new banks – one of which is a complete overhaul of Postbank.
03/11/2024
Part of the exposure is linked to the rapid adoption of technology by banks, which has opened supervisory and regulatory loopholes in the country’s financial sector.
03/08/2024
The licensing comes nearly a year after the last one
03/08/2024
However, Standard Bank said the website has nothing to do with the bank or its operations.
03/08/2024
The project’s core objectives remain unchanged: elevating food and nutritional security and improving the incomes of vulnerable households.
03/07/2024
In 2020, new financial regulations were introduced by FINMA
03/07/2024
These actions aim to attract capital inflows and improve Foreign Exchange (FX) liquidity.
03/07/2024
Banks are realising that the more they invest in technology, the more they are able to up their game to ensure they are winning customers.