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
06/30/2020
The pandemic has forced the ruling African National Congress to end its long-held resistance to borrowing from the IMF and the National Treasury requested assistance to cover virus-related spending at the end of April.
06/29/2020
While the AfCFTA agreement does not itself regulate the protection of investments
06/29/2020
Inflation in the southern African nation is at 786% and its economy is forecast to shrink as much as 10% this year, according to the World Bank
06/29/2020
The Financial Sector Regulation Act was introduced to the National Assembly way back in October 2015 and in part establishes a new ombud structure as a national public entity for the purposes of the Public Finance Management Act.
06/29/2020
“There is a lot of loot in Ghana. We are already talking with them and plans are in place to recover them. We will recover them”,
06/26/2020
The report provides comparable tax transparency statistics to aid decision makers to address illicit fund flows. The 2020 report covers 32 Global Forum member countries, and three non-members: Angola, Guinea Bissau and Malawi.
06/26/2020
The campaign will be on air again on 702 and CapeTalk on Mondy, 29 June with the focus on helping small businesses and entrepreneurs to transform their businesses after the COVID-19 pandemic.
06/26/2020
The bank's Monetary Policy Committee will meet in July and assess the impact of current measures.
06/26/2020
Are you future ready? Considerations to maximise your after-tax income.
06/26/2020
NGO shareholder activist Just Share has led the charge with a call to shareholders of the biggest bank in South Africa to vote against the re-election of five “climate-conflicted” directors.
06/25/2020
Excluding the Covid-19 specific adjustment, the bank said it recorded a net profit after tax of R85 million on a pre-Covid-19 adjustment basis
06/25/2020
“After careful consideration, EGH and ATMA have mutually agreed to discontinue discussions on the transaction for the foreseeable future.”
06/25/2020
Publish What You Fund ranked the Bank ‘very good’ — The highest of the five categories used to assess organisations’ transparency
06/25/2020
Uganda discovered commercially viable oil deposits in 2006 and plans to start production in 2023-24.
06/25/2020
If the amendment is passed by Parliament, CMA will have the powers to scrutinise the books of firms that have attracted resources from public funds considering that pension schemes investments in PE firms has been on a growth trajectory in recent years.
06/25/2020
Singapore is a relatively young country, like many in Africa, but is now globally considered as an example to follow in terms of sustainable economic development
06/24/2020
The G-20 in April agreed to provide the relief to help free up funds for more than 70 poor nations to deal with the pandemic, but the process has been slow, with many private creditors on the sidelines.
06/24/2020
The House committee turned down the introduction of the new tax on the retirement savings, arguing that it would add to the growing old age poverty.