04/13/2021
The Treasury and the taxman have in recent years been looking to claw back some of the preferential rates of tax, investment deductions, tax reliefs, zero-rating for VAT purposes, remissions of taxes and exceptions.
04/12/2021
Besides, the World Bank has sustained pressure on the federal government on the need to remove all forms of subsidy on petrol and electricity supply and to harmonise the forex rate.
04/09/2021
The commission stated that these unregistered platforms also claim to be operating in partnership with capital market operators (CMOs) registered with the Commission, warning such CMOs to desist henceforth.
04/09/2021
The loan will support the Government of South Africa in its efforts to contain the economic fallout of the pandemic and start economic recovery," the bank said in a statement.
04/09/2021
In one of the suits against Nuru Abubakar and 24 others, the court granted the request by CBN to freeze the account of the defendants in the banks for 45 days.
04/09/2021
The Guidance Note also provides welcome clarification in respect of the role of the Information Officer for private bodies that are juristic persons.
04/08/2021
Lower US interest rate expectations boost investors’ appetite for emerging markets assets such as the rand, which offer higher returns but carry more risk, Reuters reported.
04/08/2021
The motion exparte which was dated March 12 and filled on March 16 sought the mandatory order of the court to direct First City Monument Bank Limited to freeze all transactions on accounts and all other bank accounts of the defendants for a period of 180
04/07/2021
This mandate for transparency in many jurisdictions has changed the game in the financial industry around the world and Mauritius as a responsible player has been no exception.
04/06/2021
The level of disclosure required needs to be balanced against any potential tax and estate duty savings and most importantly whether the return on the investment outperforms current returns on invested funds.
04/06/2021
The report says that the worst is over and expects a recovery.
04/05/2021
The objective of the revamped SPF Rules is to ease access to new markets and offer international fund managers and GPs the ability to establish a tax exempt entity that has economic substance in Mauritius to attract investors.
04/05/2021
The petition was signed by PAPSD’s Executive Director, Dr Sani Shinkafi
04/01/2021
Five of the nine executives have opposed the regulatory action at the CMA tribunal, while the four have been fined between Sh2.5 million and Sh5 million.
04/01/2021
Bonds also weakened, with the yield on the benchmark 2020 paper up 3 basis to 9.515%.
04/01/2021
Irregular expenditure and supply chain mismanagement still rampant.
03/31/2021
The Kenyattas are set to receive Sh326 million for their combined 13.2 percent stake in NCBA Group , which has proposed a payout of Sh1.5 per share.
03/31/2021
Access is restructuring itself into a holding company and has received approval from Nigeria’s central bank.
03/30/2021
The food and beverage sector did not fare much better, with a decline of -36.1% in total income generated in the same period, it said.
03/30/2021
“We are excited about joining the Access Bank family and look forward to contributing meaningfully to the achievements and ambitions of the Group.”