07/02/2021
South Africa is now locked in a race against time to bring in new regulations to curb the misuse of cryptocurrencies in the country.
07/01/2021
These taxpayers are encouraged to continue doing so digitally, starting from 1 July 2021, it said.
07/01/2021
"Reforms will focus on creating fiscal space for priority social spending, preserving debt sustainability, strengthening governance, and enhancing the monetary and financial sector framework," the statement said.
07/01/2021
Grandfathering provisions were introduced to ensure a smooth transition into the new global business framework
06/30/2021
The study pinpoints effective first steps to help recovery.
06/30/2021
The central bank’s quarterly projection model, which the MPC uses as a guide, indicates two rate increases this year of 25 basis points each and a key rate of 6.11% in 2023.
06/28/2021
Complying with the new Tax & SPV regimes in Mauritius
Mauritius has continued to innovate in order to retain its role as an international financial centre of substance
06/27/2021
Central bank head confident South Africa can weather global interest rate rises
Continent’s most industrialised country is less vulnerable now than last year, says Lesetja Kganyago
06/23/2021
“This calls for a carefully calibrated set of policy and administrative measures that can grow revenues without discouraging investment.
06/21/2021
Daily SA trading hit R2-billion in January. Government wants oversight.
06/20/2021
The Central Bank also directed banks and SDIs to desist from calculating interest rates on borrowing monthly instead of annually in accordance with section 55 (2) of the Borrowers and Lenders Act.
06/18/2021
In this case, Mr van Zyl appealed against the High Court decision which found in favour of Auto Commodities (Pty) Ltd
06/18/2021
Zambia: African Development Bank approves $1.4 million grant to improve household food security in the wake of Covid-19
The Zambian project is in line with the Bank’s High 5 strategic priorities, specifically, Feed Africa, Industrialize Africa, and Improve the quality of life for the people of Africa
06/18/2021
Already a top trader of South African government bonds, Goldman is ramping up financing in the country, muscling into an area dominated by local lenders such as Standard Bank and FirstRand.
06/18/2021
FNB risk spokesperson Nadiah Maharaj adamantly refused to acknowledge any relationship with the fraud-accused company.
06/18/2021
The code of conduct outlines when a bank is allowed to contact you through direct marketing, how and what consent must be given by customers, and any information that must be included in direct marketing plans.
06/18/2021
This follows a similar note from PwC in March when the group warned that South Africa is relying too heavily on income and direct taxes – most of which are from a declining base of taxpayers.
06/18/2021
“The bank aims to be a socially responsible organisation that will satisfy its customers across all touch-points.”
06/15/2021
A Partnership with Africa lays out the EIB’s track record in Africa and illustrates how the EIB believes it can deliver better in the years ahead
06/15/2021
Related to this, the updated guideline for insurance firms also made it explicitly clear that such funds are not required to set up sub-accounts provided they acquired the Paid-Up Status prior to December 2018.