01/09/2017
PREMIUM TIMES had reported its findings from a series of investigations, following massive leak of files belonging to Mossack Fonseca, a law firm in Panama, Central America.
01/06/2017
The 28 million euro ($29.7 million) sale of the two-percent stake allows BPI to reduce its exposure to Angolan government debt, which the ECB deemed too risky under new European banking laws that came into force in 2015.
01/04/2017
Bahrain-based Islamic banking group, Al Baraka Banking Group B.S.C has obtained the approval of the Bank Al Maghrib (the central bank of Morocco) to establish a new bank in Morocco. The Group is now represented in all countries in the Maghreb.
12/30/2016
KCB Group, the parent company, also followed up with a brief statement from Nairobi saying the ban had been lifted.
12/29/2016
KCB Group, the parent company, also followed up with a brief statement from Nairobi saying the ban had been lifted.
12/23/2016
URA did not explain reasons for the drastic move in the notice but was quoted by Nation Media Group’s outlet in Uganda, KFM, as saying the issue is being resolved.
12/14/2016
Nedbank said South African mines minister Mosebenzi Zwane urged the lender to reconsider its decision to sever ties with companies tied to the Gupta family, who are friends of President Jacob Zuma and in business with his son. By Colin McClelland.
12/12/2016
EcoCash General Manager Natalie Jabangwe said the company had mobilised an unspecified amount of South African rand to kick-start the programme, where agents would have the South African currency to give to clients.