01/08/2025
Fewer US interest rate cuts are supportive of a stronger US dollar, which led to to US dollar strengthening in the second half of December and has been instrumental in weakening the rand.
01/07/2025
The Bank of Ghana stated that the Directive has been published to ensure the Ghanaian financial ecosystem remains secure, efficient and “globally competitive”.
01/07/2025
The requirement for filing RCRs is integral to ensuring that the country’s businesses are aware of how they can be used for laundering proceeds acquired through criminal activities.
01/06/2025
Bloomberg Economics projects its aggregate measure of advanced-world interest rates to drop just 72 basis points in 2025, less than it did in 2024.
01/06/2025
The Committee “recognized the disinflationary trend in the latest monthly inflation data
01/06/2025
Institutions that have not submitted risk and compliance returns could be penalised up to R50,000
01/03/2025
The financing supports the government’s recent bold reform to modernize and liberalize banking operations in the country.
01/03/2025
South Africa’s carry appeal remains strong as inflation and expectations stay anchored
01/03/2025
The naira had recorded a 40.9 per cent depreciation in 2024 when compared to the official rate at the close of 2023, which stood at 907.11/$.
01/02/2025
It also failed to comply with cash threshold reporting (CTRs) to the Financial Intelligence Centre (FIC) with missed deadlines.
01/02/2025
Developing-nation currencies have struggled in 2024 as robust US economic growth bolstered the dollar.
12/30/2024
The sanctions consist of seven cautions, one reprimand and a financial penalty totalling R56.25 million
12/30/2024
The facility will help strengthen financial cooperation and expand the use of the two currencies, the People’s Bank of China said in state
12/30/2024
Service shedding in telecommunications refers to the deliberate reduction or limitation of telecom services in specific areas
12/27/2024
Consumers are being lured by the convenience and affordability of these platforms, but they often fall prey to scams and fraudulent activities.
12/27/2024
It thus explored some of the most common types of phone scams that occur around the holiday season and provided someone with tips on how to protect themselves.
12/27/2024
Oduwole made this assertion while addressing concerns by local industrial stakeholders at a recent press briefing in Lagos
12/27/2024
These groups form a bulk of the organised private sector, representative of hundreds of thousands of businesses, including Small and Medium Enterprises.
12/24/2024
Uganda’s Central Bank held in its policy rate steady at 9.75 percent for December 2024, buoyed by a strong policy bias towards lower lending rates and a stable exchange rate
12/23/2024
Makinde also clarified that he was not opposed to the tax reforms but only presented the reservations raised by the governors to the press.