11/26/2020
In a recent development, South Africa Reserve Bank (SARB) has declared it is putting an end to the use of cheques for payment, starting from the first day of the new year, 2021.
11/25/2020
Investec Group surprised with a dividend for the six months through September after receiving payouts from its stake in an asset manager and from its wealth-management businesses.
11/25/2020
There is ample evidence that the existing financial sector regulation architecture in Ghana is not fit-for-purpose
11/24/2020
The participants were put through a mini Masters in Business Administration (MBA) programme by the International Finance Corporation (IFC), a member of the World Bank Group.
11/24/2020
On the depreciating cedi, the Governor said the central bank is looking at adding about $300 million to its international reserves by the end of the year.
11/24/2020
For individuals who have more available funds, the PDS or investment option may be more attractive.
11/24/2020
There are currently two lists that are of significant concern to the authorities and business community in Mauritius; the European Commission List of High-Risk Countries and the Financial Action Task Force’s (FATF) List of Jurisdictions under Increa
11/24/2020
Speaking at an emerging market central banking summit, Tshazibana added that the South African Reserve Bank still had policy space but that there were a number of risks looming over the medium term.
11/24/2020
The state auditing watchdog has called for the deputy CEO of Deloitte Africa to face the most severe sanction available – a banning from the auditing profession.
11/23/2020
Following the approval-in-principle Guaranty Trust Bank secured recently from the Central Bank of Nigeria to run its operation using the holding company model, the bank appeared set to exploit the opportunities derivable from the arrangement and deliver b
11/23/2020
Bank One has fully embraced the opportunities arising from those markets.
11/23/2020
KCB chief executive Joshua Oigara says the lender was initially disbursing about Sh10 billion per month.
11/20/2020
The only way to fund the long-term recovery is by making sure our tax authorities have the power and support they need to stop corporations and the mega rich from not paying their fair share.
11/20/2020
Restructuring of state utility Eskom ‘must be stepped up’
11/20/2020
By mid-2020, over 8 736 residence permits were issued since the start of the programme, equating to 14 936 residence permits if the family members of the main applicant were included.
11/20/2020
Auditors’ watchdog clears Danie Crowther while Mgcinisihlalo Jordan still has to face sanction on five charges
11/19/2020
States, capital market to partner on privatisation
Governor Babajide Sanwo-Olu said the state has been working on securitisation of dormant building assets to unlock them and make them productive.
11/19/2020
South Africa ditches paper cheques
Affected stakeholders are therefore requested not to write/draw or accept cheques after 31 December 2020.
11/19/2020
A special investigating unit this month arrested Ace Magashule, the secretary-general of the ruling African National Congress, making him the highest-profile serving politician to face charges since Ramaphosa’s rise to power.
11/19/2020
The grants are being provided under the African Development Bank’s COVID-19 Response Facility