01/02/2019
Audit firm rebrands, unveils social media strategy
There’s globalisation and technology, and we’re saying we’re there for them, to be able to guide them through the muddy waters of charting a path through the challenges.”
Regulation,Tax & Compliance
12/30/2018
TUCTA hedges on sacking of pensions funds regulator
TRADE Union Congress of Tanzania (TUCTA) President Tumaini Nyamhokya has distanced himself from public comments following the decision by President John Magufuli to sack pension funds regulatory authority chief Irene Isaka on Friday.
12/27/2018
Ex-IMF official turns foe at the central bank
This normally has an adverse effect on neighbouring or partner trading countries including the possibility of pauperising them.
12/27/2018
Africa gets enhanced funding pledges at Poland climate talks
The Katowice Package is a new set of climate change guidelines and rulebook to accelerate national action plans.
12/27/2018
Afreximbank, AGF Sign $30m Facility for African SMEs.
The Director, Trade Finance, Afreximbank signed the agreement on behalf of the bank, while the Chief Risk Officer of AGF, Constant Nzi, signed for AGF, during a ceremony held on the sidelines of the recently-concluded Intra-African Trade Fair in Cairo, Eg
12/24/2018
Standard Investment Bank starts online forex trading
The firm received the online forex trading permit from the Capital Markets Authority last week.
12/23/2018
Mergers hold the next growth story for many banks in Africa
Fully cognisant of this, a number of banks in the region have warmed up to, and even consummated, the idea of mergers.
12/23/2018
Asian Investment Bank approves Morocco’s membership
He also noted that the accession of new members of the Bank in Europe and Africa also reflects the importance of the development of interregional communication, led by the banking group, especially with regard to the establishment of sustainable infrastru
12/20/2018
Kano releases N2bn pension, gratuity arrears to beneficiaries
Ganduje, who was represented by his Deputy, Dr. Nasiru Yusuf Gawuna, noted that the administration since assumption of office, had expended over N36 billion as monthly pension to pensioners in the state.
12/19/2018
We’ve met GHC400m minimum requirement – Cal bank
It comes after the bank revealed plans to transfer GH¢50 million from its income surplus to increase its stated capital to meet the GH¢400 million requirement.
12/19/2018
MiFID II prompts Bloomberg to partner with ETF providers to launch volume feed
Increasing transparency
12/18/2018
Bank of Baroda to shut three African branches by June
As on January 31, 2018, PSBs had about 165 overseas branches, besides subsidiaries, joint ventures and representative offices.
12/18/2018
Big banks and Rakesh Jhunjhunwala line up to bid for IL&FS Securities
A deal for the securities business was previously struck with IndusInd Bank and Securities & Exchange Board of India had approved the proposal.
12/18/2018
Turkish lender, African bank sign $1B agreement
Turkish exporters to be provided $1B financing as per agreement, says Turkish lender Aktif Bank
12/18/2018
Access Bank, 27 lenders develop Global Banking Principles
By adopting the principles, Access Bank and the other institutions have signified a commitment to help promote the uptake of the principles among their members and networks.
12/18/2018
EAC deposit insurers to harmonise rules to fix troubled banks
EAC member states through the Monetary Affairs Committee resolved in 2016 in Kigali to jointly put in place measures to deal with troubled banks.
12/18/2018
UN to improve digital financial inclusion in Africa with FITAF
Data also shows that Africa, contributes 17 % to the total number of unbanked adults around the world, with Asia and Pacific accounting for 38% of unbanked adults.
12/17/2018
US to Strengthen Commercial Ties with African Allies
The World Bank estimates that the continent needs more than $90 million per year to begin bridging the infrastructure gap.
12/14/2018
Ghana could cut interest rates by March - Central Bank Governor
He said it was a measure that could help slow the recent fall in the country’s currency.
12/14/2018
Court orders GT Bank to refund ‘disappeared blocked-funds’ to MET Capital Group
The suit commenced in 2016 against GT Bank (Ghana) Limited and another customer of the bank, Linksfield Ridge Realty Limited.