07/03/2020
In a note to clients out on July 02, Bishop says the South African economy and its currency will continue to lag this year and in the next few years due to a series of recent credit rating downgrades.
07/03/2020
The grant, awarded from the country’s ADF-15 Performance-Based Allocation, will help bolster Ethiopia’s COVID-19 National Emergency Response Plan (NERP)
07/03/2020
The investment also promotes financial inclusion for underserved segments of the populace, such as women and rural dwellers, and will lead to around R2 billion ($116 million) in new SME loans over the next five years.
07/02/2020
In relation to the Companies Act, changes are proposed in order to reinforce the concept of beneficial ownership, including identification and record keeping.
07/02/2020
The funds will be used to bolster health systems and disease surveillance, enhance infection prevention and control, and improve regional coordination by the East African Community (EAC) and the Intergovernmental Authority on Development (IGAD) to contain
07/02/2020
“Our expansion is in two ways; horizontal and vertical. We have opted for vertical expansion where you deepen and then scale up your market share in the countries you are operating in,” Mr Mwangi told The EastAfrican.
07/01/2020
The Conduct Standard comes into operation in mid-November 2020, six months after the date of publication, allowing a transitional period for Mancos to ensure compliance with the Conduct Standard.
06/30/2020
The institutions said the amendment would align the computation of bad debts provisions for tax purposes to those of the CBK, which would effectively reduce the challenge of tracking every transaction.
06/30/2020
Equity Bank’s plan to acquire 100 per cent shareholding in BancABC of Zambia, Mozambique and Tanzania including 62 per cent of the shares of Banque Populaire du Rwanda Ltd fell through last week after 16 months of negotiations with Atlas Mara Ltd (A