03/26/2019
Sanlam Asset Management selects AQMetrics to provide AIFMD Annex IV regulatory reporting
Sanlam will utilise AQMetrics software technology to automate Annex IV reporting
Regulation,Tax & Compliance
03/25/2019
Africa’s Climate Change Week Brings Massive Investment Opportunities
The media, policymakers and private sector representatives huddled into the Main Hall to welcome the President Nana Addo Dankwa Akufo-Addo who said, against the backdrop of the disastrous cyclone, Africa Climate Week must “provide more practical sol
03/25/2019
The ANC's promise to SA: It's the end of the road for corrupt officials
The ANC said that it will further "ensure speedy implementation of lifestyle audits and broaden vetting and financial monitoring in the public service to curb corruption".
03/25/2019
IMF Board commends Ghana's banking sector reforms
The Bank of Ghana, in 2017, began a comprehensive reform exercise of the banking sector with the objective of cleaning up the sector and strengthening the regulatory and supervisory framework for a more resilient banking sector.
03/25/2019
SEC assures investors of vibrant asset management industry
SEC is working at enabling quicker access by the investing public to information on its licensees with the help of information technology to assist the investing public to make informed decisions rather than being misled by unsubstantiated claims in the s
03/22/2019
EBRD weighs up Africa development push
Its success in the MENA region could help convince sceptical shareholders to go ahead.
03/22/2019
Court sanctions Access, Diamond banks’ scheme of merger
Diamond Bank further announced that the directors hereby ceased to be directors of the dissolved Diamond Bank Plc effective March 19, 2019.
03/22/2019
N30 billion ‘MMM’ scam hits GTB, Zenith, Stanbic IBTC and Diamond banks
The Cooperative said its mission was “to create a system that empowers its members through provision of quality, diversified, innovative and market-driven financial and technical services and exceeding members’ expectation”.
03/22/2019
The Lagos State Govt’s Compassionate Welfare Policies For Retirees And Pensioners
Before the coming into effect of the Pension Reform Act 2004, the Federal and State Governments, under the old dispensation, operated the Defined Benefits (DB) Pension Scheme, popularly referred to as the ‘Pay as You Go’(PAYG) scheme.
03/22/2019
Oigara: How banks can reduce cost of loans to SMEs
The Business Daily spoke to KCB Group chief executive officer Joshua Oigara, who is also the chairman of the Kenya Bankers Association governing council, on the emerging issues in the sector following the ruling.
03/22/2019
Obaseki Okays Contributory Pension Scheme For Local Govt Workers
In the local governments, while the employee contributes 8 per cent, the local government chairmen are to contribute 10 per cent.
03/22/2019
KCB taps Morocco’s Attijariwafa Bank in trade, banking deal
The two lenders are keen to promote cross border trade flows
03/21/2019
Mozambique private sector development acceleration attracts Portugal
According to Ribeiro, “the Portuguese Government allocated Euro 400m in guarantees and other risk-sharing mechanisms in the 2019 National Budget to support the implementation of the Compact.”
03/21/2019
FG to banks: Support indigenous software developers
Pantami noted that the indigenous developers may not have the capabilities required by the banking industry but “We must create conditions and systems that will enable us successfully develop ours.
03/20/2019
From Kenya: Guidelines on Issuance of Tax Exemptions
The objective is to streamline the processing of tax exemption applications from MDAs to the National Treasury.
03/20/2019
Why High Court threw out law on interest rates law
Failure to amend the ambiguous section of the Act will mean a reversion to free-floating interest rates regime, where commercial banks set the cost of loans without reference to any law
03/19/2019
Moroccan bank, KCB ink deal for Kenya expansion plan
Attijariwafa last November said it plans to launch a new acquisition push in East Africa before end of 2019, starting with Rwanda, Kenya and Ethiopia.
03/19/2019
IMF Executive Board Concludes Regional Consultation with West African Economic and Monetary Union
The aggregate fiscal deficit was reduced by 1⁄2 percentage point of GDP and external reserves increased, mainly supported by Eurobond issuances.
03/19/2019
Sifiso Skenjana: Standard Bank, SABC and more – why SA must mind the labour force gap
Engineering is one of the critical skills required if we are to meaningfully and competitively participate in a global marketplace.
03/19/2019
Access, Diamond Get Final Approval to Merge
The scheme is subject to judicial sanction by the Federal High Court.