08/12/2020
The Bank of Mauritius Act has also been amended to introduce the concept of “digital currency” as the central bank digital currency issued by the Bank of Mauritius.
08/12/2020
Small-sized businesses have been hardest hit by the economic effects and uncertainty of the pandemic, weakening their ability to save and tap loans.
08/12/2020
Banks are now grappling with multiple risks including loan defaults as the disease and measures taken to control it hurts customers’ incomes.
08/12/2020
It is also important to note that the most commonly processed personal information is actually employee data.
08/12/2020
"We are paying the bond from our internal cash flows," John Gachora, NCBA’s chief executive told the Daily Nation, adding that the lender has plenty of liquidity.
08/12/2020
The advisers are expected to assess unsolicited expressions of interest from private-sector funders, private-equity investors and partners for a future restructured SAA.
08/12/2020
Also, the Lagos-based company announced the appointment of Mr Ken Anaje as the Head of Operations.
08/12/2020
It is in the public interest to state emphatically that there was no transfer of N573m into this account.
08/11/2020
On 21 July 2020, the Minister of Finance, Economic Planning and Development issued the Insolvency (Extension of Time During COVID-19 Period) Regulations 2020 (Extension of Time Regulations) under the Insolvency Act 2009 (Insolvency Act) (GN 163 of 2020).
08/11/2020
The overdraft facility at the CBK provides a temporary source of cash for the Treasury to cater for emergencies and priority payments when revenue streams such as tax receipts and debt do not flow in at a pace that matches expenditure demands.
08/11/2020
Standard Chartered Ghana (officially Standard Chartered Bank Ghana Limited) is a banking financial services company in Ghana, and an 80% subsidiary of Standard Charted.
08/11/2020
The partnership, the first signed between the EBRD and CIH, will support CIH in its strategic focus towards SMEs by increasing its lending capacity to this sector.
08/10/2020
SARB under pressure from politicians to take more direct role in stimulating economy
08/07/2020
The time-to-maturity of bonds had fallen below six years in the period between October 2017 and March 2018.
08/07/2020
The statement from Access Bank says that the deal is a highly complementary transaction.
08/07/2020
Ivan Mbowa, the regional general manager for Tala, a leading credit-only mobile app since 2014, spoke to the Business Daily about their lending standards and developments since Covid-19 shocks struck in March.
08/07/2020
Many jurisdictions have placed fighting this pandemic at par with war by employing emergency measures
08/07/2020
Today, Islamic finance is an area of development in the country’s Capital Markets 2014-2023 Masterplan (CMMP), which is itself a flagship project in Kenya’s Vision 2030.
08/07/2020
The support for sub-Saharan Africa delivered with Afreximbank is structured in two parts.
08/07/2020
We are finding that many South Africans have international transactional needs for both business and personal reasons, yet some are only aware of one-dimensional foreign currency accounts, often referred to as CFC accounts.