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.
03/25/2020
In fluid situations, these conditions are hard to meet.
03/25/2020
Investors gain N20.9bn Tuesday
03/24/2020
The president said that while the economic impact of the lockdown would be significant, the "costs of not acting now will be far greater".
03/24/2020
President Cyril Ramaphosa, on Monday evening, announced a raft of "quick and targeted" economic interventions to buoy SA's economy due to the impact of the pandemic and a 21-day nation-wide lockdown that will commence on midnight on Thursda
03/24/2020
With the prospects of $200mn transactions from year one
03/24/2020
The PIC’s cumulative assets under management are valued at R2trn, making it one of the most important entities under state control.
03/24/2020
The Kenyan group has bid $105 million for the transaction and plans to subsequently merge BCDC with its local subsidiary in the DRC, Equity Bank Congo S.A, once the operation is completed.
03/23/2020
City streets and highways flow freely in “rush hour” as firms send their staff home, while hotels and lodges are struggling to fill rooms.
03/23/2020
The pension fund laws changed in 2001, which allowed people to move their money, on resignation
03/23/2020
Under the terms of the agreement with MyBank Ltd., Path Solutions will provide a full Islamic core banking suite in addition to branchless banking as well as payments and personal financial management tools.
03/22/2020
Central bank raises credit lines to cash-strained banks
03/22/2020
Surprise! Surprise! Zimbabwe, as does most African countries, figures in this infamous list of the hopelessly unprepared, which surprisingly also includes China.
03/22/2020
Equity now wants to put in place a fully fledged business with separate structures and commercial arrangements that will manage insurance-related products for the group.
03/22/2020
Bank of Communications previously intended to be up and running in May or June, and earlier in the year it received all regulatory approvals, including a license from the South African Reserve Bank.
03/20/2020
But economists and policy experts believe the CBN fails to address the more essential problems of the economy
03/19/2020
The director further said that the board is working tirelessly to provide smooth and stress-free service delivery to the FCT pensioners, just as he disclosed that the board is working on a charter, to guide its operation that would accelerate service deli
03/17/2020
The report follows two consultative meetings held in Seychelles in July and October last year with all business sectors.