09/24/2018
Report indicts Bank of Uganda for illegal closure of banks
The National Bank of Commerce and Crane Bank owners have gone to court to recover their assets.
Regulation,Tax & Compliance
09/24/2018
Polaris to Take Over Assets, Liabilities of Skye Bank Nigeria
Nigerian Stock Exchange suspends trading in Skye Bank shares
09/17/2018
UK targets Nigeria, others over ‘dirty money’
Transparency campaigners in Britain often question the source of some of the wealth that keeps pouring into the country from abroad.
09/17/2018
Instant EFT providers reply to bank disapproval
Following the chorus of disapproval towards these services, MyBroadband reached out to major instant EFT providers for their perspective on the practice.
09/16/2018
Sars to hit 300 000 companies with fines
Acting Sars commissioner Mark Kingon said that about 500 000 new companies were registered every year, and “the vast majority yield nothing”.
09/13/2018
Kenyan central bank fines five banks a total of $3.89 mln
The five banks are Standard Chartered Kenya, Equity, Diamond Trust, Co-operative Bank and KCB Group, the central bank said.
09/06/2018
Afreximbank presents trade facilitation programme to Egyptian banks
Those requirements have resulted in the international banks reducing or withdrawing trade lines to African banks and in confirming banks having risk capital and capacity constraints to support trade finance transactions.
09/04/2018
CISI reaches fresh agreement in Africa’s largest economy
Deal with Nigerian bankers in fastest growing market for UK institute
09/03/2018
Why Nigerians Seek Protection Of Participants In Micro Pension Scheme
In this report OYENIRAN APATA, CHRIS EBONG and OLUSEGUN KOIKI examine the benefits of the new scheme and its challenges.
09/03/2018
Banks saved from increase in core capital to Sh5bn
This is the second time in as many years that Parliament has rejected the proposal, having thrown out a similar move in August 2015.
08/31/2018
Kenya: Is too much regulation stifling growth?
More pertinent is how this is just one of quite a number of constraints weighing on the Kenyan banking industry at this time.
08/30/2018
Nigeria's central bank to fine four banks, ask MTN to return funds to country -sources
Nigeria’s central bank will also ask MTN to return money it improperly repatriated, said a person at the firm familiar with the matter and a banking source, speaking on condition of anonymity.
08/29/2018
How Imperial Bank saga threatens Mwilu's 32-year career
This decision has not been taken lightly, but it is the right decision under the law,” said Mr Haji, seeking to underline the weight of the decision to charge Justice Mwilu.
08/28/2018
National Credit Amendment Bill: Making it harder for South Africans to loan money
According to economic analysts, the new 'debt relief' bill will hurt consumers.
08/28/2018
Mauritius IFC a tax complaint jurisdiction, says its Eco Development Board
In June 2015, Mauritius signed the OECDs' Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
08/23/2018
‘Sars’s enforcement capability severely compromised’
Nugent commission hears how fragmentation, leadership issues affected the organisation.
08/22/2018
Andersen Global Expands in Africa with Oliveira & Associados
With headquarters in Luanda, Oliveira & Associados provides legal services to both corporate and individual clients within Africa and globally.
08/22/2018
World Bank Backs BoG Attempts To Clean Up Banking And Financial Sector
Mr Kerali said, “We welcome the idea and we hope that it will lead to a good financial industry for the country."
08/16/2018
Pressure piles on Tanzania, Burundi to approve EAC deal on double taxation
The East African Business Working Group on domestic taxes identifies several challenges in tax harmonisation
08/15/2018
Andersen Global Initiates Expansion in Mozambique
These services include commercial and corporate law, banking and financial law, labor law, real estate management, oil and gas, mines, and law and administrative litigation.