04/01/2020
The exemption comes as the boost in lending and other business activities have propelled higher earnings for the foreign subsidiaries of four of Nigeria’s tier 1 banks, the full year audited results of the financial institutions have shown.
04/01/2020
Nedbank said it will only consider applications from its client base.
03/31/2020
The same scenario repeated itself yesterday in the wake of the 14-day lockdown announced by President Muhammadu Buhari on Sunday.
03/30/2020
In South Africa, the estate must be reported to the Master of the High Court office in the regional jurisdiction where the deceased resided.
03/30/2020
President Nana Akufo-Addo in a broadcast last night, Friday March 27, announced a partial lockdown of some parts of the country for two weeks in a bid to contain the spread of the novel coronavirus pandemic.
03/30/2020
It is also alleged that fungible stocks provided some of the shareholders a conduit to launder money out of Zimbabwe.
03/30/2020
Meanwhile, several corporate brands have come up with innovative ideas to promote the message of social distancing at the time of the public health crisis.
03/30/2020
"We take no ideological position."
03/30/2020
While South African banks have been criticised by labour unions and small business owners for not doing enough to help struggling customers as the nation entered a 21-day lockdown on Friday, they have to comply with capital and reserve requirements as pre
03/30/2020
Banks involved with AfDB’s bond sale included Credit Agricole SA and Goldman Sachs Group Inc.
03/27/2020
The overall new tax proposals announced by President Uhuru Kenyatta to cushion Kenyans against the impact of the coronavirus pandemic are expected to rob the tax man close to 100 billion shillings in revenue.
03/27/2020
In a communique to 1,287 pension schemes, the RBA chief said it had reviewed reporting regulations to ease the schemes' pain by deferring submission of audited financial results by sixty days—after listed firms were given similar extension.
03/27/2020
The decision comes at a critical time for Somalia
03/27/2020
Funding from the bank per project is typically below $200m, though a power-sector reform programme in Angola drew funding of $1bn.
03/26/2020
The virus outbreak has already affected capital market obligations of some of the quoted companies
03/26/2020
With suppressed economic activities which has chocked revenue the government has turned to Bretton woods institutions for budgetary funding.
03/25/2020
The extra billions of shillings will provide banks with low-cost funds for lending to households and small businesses expected to suffer reduced cash flow due to the virus.
03/25/2020
The central bank said it will provide intraday liquidity support to clearing banks, through auctions conducted daily between 10h00 and 13h00 – except Wednesdays when the main repurchase transaction is conducted.
03/25/2020
The banking sector will, for the most part, remain unchanged during the lockdown - with a few exceptions here and there.
03/25/2020
The goal is to ensure that households and businesses are able to keep their heads above water until the health crisis can be contained, so that the economy is ready to rebound once the worst of the pandemic has passed.