05/24/2019
South Africa's central bank leaves repo rate unchanged at 6.75 %
Divisions emerge as South African central bank holds rates, cuts growth outlook
05/23/2019
The U.S. Embassy in Pretoria said it had noted the decision “with great disappointment”.
05/23/2019
The new implementation affects countries including Cameroon, Ethiopia, Liberia, Morocco, Senegal, Rwanda, Burkina Faso and Ghana from which Barbados receives a lot of visitors and has several ties.
05/22/2019
“The MPC has frowned at that and has directed the management of CBN to put in place policies or regulations that will restrict the banks from unlimited access to government securities,” the CBN Governor, Mr. Godwin Emefiele told journalists
05/22/2019
South African President Cyril Ramaphosa led his ruling African National Congress
05/22/2019
A breakdown of the fines as contained in the banks' annual reports showed that FBN Holdings and its subsidiaries
05/22/2019
Wealthy Kenyans have traditionally stashed wealth abroad to either escape the taxman’s scrutiny or to spread their risks by investing in the more politically and economically stable Western democracies.
05/22/2019
The fact that the Reserve Bank wants the digital currency to be accessible without need for a bank account is particularly interesting as it brings to question what will happen to the banks if it is indeed adopted.
05/22/2019
At the resumed hearing of the matter today, before Justice Mohammed Liman, counsel to Access Bank Plc, Obinna Divine, told the court that parties to the dispute are talking settlement and that the talk has reached an advanced stage, and pleaded with the c
05/21/2019
A few days before the referendum in 2016, Global Risk Insights (GRI) published a list of four effects of Brexit on the Middle East and North Africa (MENA).
05/21/2019
Bank merger will create a major new player on the African banking scene.
05/21/2019
The effects of rising cost of living is a reduction in the purchasing power of the money a person holds, so that the same amount buys less.
05/21/2019
Kaplan said consumer inflation was projected to have remained steady at 4.5 percent year-on-year in April.
05/20/2019
“It follows that the platform would have to charge VAT at the rate of 15% on the facilitation fee, notwithstanding the fact that it facilitates the booking of accommodation that is located outside South Africa.”
05/20/2019
The trade war escalated sharply on Monday as China hit back with five per cent to 10 per cent duties on another $60bn worth of U.S. goods, a development that sparked the biggest fall in US stock prices since January.
05/20/2019
Despite weak economic growth and low inflation, an interest rate cut and a rating downgrade are not likely
05/20/2019
The economic program of the government, in office since January 2017, contains a large number of planned measures to strengthen agriculture and industry, including tax cuts, incentives for the private sector and infrastructure development.
05/20/2019
Latest data from Kenya’s Central Bank shows that the country has dominated transactions in the East African Payment System
05/19/2019
UAE said on April 28 it was depositing $250m
05/17/2019
More than 7 000 complaints were registered against South Africa's big five banks in 2018: Here are the best - and worst - performers of the bunch.