04/11/2019
But it’s an open question whether he will be able to repair the damage left by his predecessor – above all, Sars’ oversight of the tobacco sector, which has grown dangerously lax in recent years.
04/11/2019
Under the agreement with the IMF, policies will focus on eliminating the government’s double-digit fiscal deficit and adoption of reforms to allow market forces to drive the functioning of foreign exchange and other financial markets.
04/10/2019
The Bank also lowered its growth estimates for Sub-Saharan Africa to 2.8 percent in 2019
04/10/2019
In the past the government has mulled the idea of raising taxes on luxury goods to 15 percent from the current rate of 5 percent, to boost its tax to GDP ratio to 15 percent from 6 percent between 2017 and 2020.
04/09/2019
But tax experts explained businesses will suffer more than individuals because they will be left to pick up the bill.
04/09/2019
The report notes that the three largest African economies—Nigeria, Angola and South Africa
04/09/2019
The government of Zimbabwe has launched a new – but still unofficial -currency. However, this may not be enough to ease the country’s severe cash shortages. Tendai Marima reports.
04/08/2019
Mr Gupta's GFG Alliance has just received approval from British regulators for the Commonwealth Trade Bank to operate as a separate entity, almost a year after he acquired what was known as Diamond Bank UK, from its parent in Nigeria.
04/07/2019
South Africa, which accounts for two-thirds of the GDP, was among the five slowest growing economies, expanding less than one percent in 2018.
04/07/2019
The regulators had accepted KCB’s binding offer to buy out the good bank
04/05/2019
A retired Director in the Federal Ministry of Information, Aigbokhaleode Asimiafele, said there were over 10 infractions allegedly committed by PenCom against the Act, including infringement on human rights.
04/05/2019
He adds that Rothschild & Co, the international investment bank, is working closely with EOH on reorganising the business for enhanced growth and stakeholder value.
04/05/2019
The First Africa Higher Education Centers of Excellence for Development Impact (ACE-Impact) aims to improve the quality, quantity and development impact of postgraduate education in selected universities in the beneficiary countries through regional speci
04/04/2019
Once the NDB’s board of directors approve a project for funding, the bank’s management and the entity to be funded will enter into negotiations to reach a loan agreement.
04/04/2019
At the signing ceremony, the Chief Executive Officer (CEO) of GN Savings, Mr Issah Adam, said “with this partnership signed, we urge our clients and the Ghanaian banking public to continue doing business with us.”
04/03/2019
The seven big banks were the main beneficiaries of the windfall, sharing out Sh79.3 billion, or 67 per cent of the total haul, among themselves.
04/03/2019
This follows the suspension of trading in the shares of Diamond Bank Plc.
04/03/2019
The fund seeks to contribute to the development of the private sector in North Africa by increasing access to capital for local SMEs and mid-market companies.
04/02/2019
The Central Bank of Kenya spared lenders from charging increased loan-loss provisions in their income statements in the first year of the IFRS 9 regime (January 1 to December 31)
04/02/2019
The continental initiative, which promotes accountable and progressive taxation systems said Kenya failed to subject the tax agreement to the due ratification process in line with the Treaty Making and Ratification Act.