02/25/2022
The biggest risks to South Africa’s economy right now
Treasury said the government remains committed to stabilising the debt‐to‐GDP ratio by ensuring that spending is prudent and sustainable.
Regulation,Tax & Compliance
02/24/2022
Nigeria Sues JP Morgan For U.S.$1.7 Billion Over Malabu Oil Deal
It is alleged that the funds were used to pay political bribes.
02/23/2022
Commercial Bank Cameroun and European Investment Bank unveil EUR 12 million COVID resilience business financing initiative
The new private sector financing will help companies impacted by COVID-19 and is part of the EIB’s rapid response across Africa to strengthen economic resilience to the pandemic.
02/23/2022
South Africa Extends Incentives Period to Cut Carbon Emissions
That could provide some room to companies in Africa’s worst polluter and most-industrialized economy to align with environmental commitments
02/23/2022
Removal of Mauritius from European Union List of “High-Risk Third Countries”
The removal of Mauritius from the EU list follows the delisting of Mauritius from the FATF List of Jurisdictions under Increased Monitoring on 21 October 2021.
02/23/2022
Jersey Finance to Participate in Rwanda Delegation Visit
Over the course of the week, the Rwandan delegation – comprising of key representatives from Rwanda’s finance bodies and agencies – will meet with various Jersey stakeholders to learn more about our international finance centre.
02/22/2022
Investec to seek UK court approval over Ninety One distribution plan
Investec said the court meeting will be heard before a high court judge in London on March 15.
02/21/2022
President Kenyatta welcomes UAE's plan to establish an Innovation and Entrepreneurship Centre in Kenya
The innovation and entrepreneurship centre will focus on launching programmes, workshops and initiatives geared towards providing aspiring and established Kenyan entrepreneurs
02/18/2022
Three more jurisdictions sign MLI, which now has 99 signatories and parties
Thailand’s MLI position identifies 58 tax treaties that it wishes to be covered by the MLI, while Vietnam’s MLI position identifies 75 tax treaties that it wishes to be covered.
02/17/2022
EBRD backs digital platform to boost private-sector investment in Tunisia
As the pandemic intensified, investment agencies in various countries turned to digital tools to promote their services more successfully.
02/17/2022
Kenya Is Safe And Open For Business, President Kenyatta Assures Investors
A total of 192 countries are participating in the six-month world exposition in Dubai, with every country allocated a national day of honour.
02/16/2022
New pension changes coming for South Africa before the end of February
Treasury said that the proposed review of Regulation 28 is informed by calls for increased investment in infrastructure given the current low economic growth climate.
02/15/2022
FATF Greylisting South Africa - A Deafening Silence
With the impact of this listing affecting not only financial services, but also banks, estate agents and gambling institutions, to name a few, it’s these industries that are eagerly waiting for news on progress.
02/14/2022
Steinhoff says emails show ex-CEO Marcus Jooste was part of 'fraudulent scheme'
The email extracts form part of the retailer's court case against British businessman Malcolm King, his son, Nicholas, and their company, Formal Holdings.
02/14/2022
African Development Fund signs $14.2 grant agreement for financial digitalisation initiative
The project is expected to boost Malawi’s domestic financial inclusion rate from 58% in 2019 to at least 65% in 2025.
02/11/2022
Malawi: African Development Fund signs $14.2 grant agreement for financial digitalization initiative
The project will widen financial inclusion in the country, in particular to women, youth and rural dwellers.
02/10/2022
Audit watchdog hit by almost R11 million in irregular expenditure
The regulator sourced these investigators without obtaining quotes from other service providers or going on an open tender between 2014 and 2020.
02/10/2022
Audit regulator probes Uchumi’s forged books
Mr Makori did not give timelines on when ICPAK is likely to complete the disciplinary hearings, setting the stage for the sanctions that put EY in the spotlight and threatens its credibility.
02/09/2022
Financial Markets Regulatory Outlook 2022
New strategies for a changing world
02/08/2022
Worsening insecurity threatens Nigeria’s economic recovery
“Despite the recovery in oil prices, the general government fiscal deficit is projected to widen in 2021 to 5.9 percent of GDP"