03/21/2018
Ghana Is Said to Name Citi, Three Others to Market Eurobond
Ghana will follow other sub-Saharan African issuers such as Ivory Coast and Kenya
Regulation,Tax & Compliance
03/21/2018
Bogotá Chamber of Commerce looks to Africa, Asia and Middle East for stronger commercial ties
The agreement was signed by Hamad Buamim, President of the Dubai Chamber, and Mónica De Greiff, Executive President of the Bogotá Chamber of Commerce.
03/20/2018
New S.African President Cyril Ramaphosa Suspends Tax Chief
Prosecutors announced on Friday that Zuma would face corruption charges on allegations of accepting bribes over an arms deal before he became president.
03/19/2018
How SA, other Africa central banks could move on rates
Slower inflation and more stable exchange rates have built a case for looser monetary policy in Kenya, Ghana, South Africa and Nigeria.
03/19/2018
G20 urged to adopt common regulations for cryptocurrencies
It is understood discussions on cryptocurrencies will take place across both days between finance officials from G20 members.
03/18/2018
Tax Challenges Arising from Digitalisation: More than 110 countries agree to work towards a consensus-based solution
The members of the OECD/G20 Inclusive Framework on BEPS will work towards a consensus-based solution by 2020, as set out in their Interim Report on the Tax Challenges Arising from Digitalisation released today.
03/16/2018
African Central Bank Governors want AU to regulate members' revenue management
They echoed their thoughts during the 20th Senior Policy Seminar convened by the African Economic Research Consortium and Bank of Uganda.
03/14/2018
Court Allows Bank Of Baroda To Leave South Africa Over Gupta Brothers Links
Bank of Baroda was the only bank that had been working with the Gupta companies after all South African banks severed ties with them following corruption allegations against Ajay, Atul and Rajesh Gupta involving billions of rands.
03/13/2018
The New Trust At National Pension Commission
Stakeholders interpret the ongoing steps towards internal reforms, increased professionalism and transparency of the whole process, as a welcome development.
03/12/2018
VBS, the bank that rescued Zuma, put into curatorship
The tiny mutual bank, best known for its R7.8m loan to help Zuma pay back the Nkandla money, ignored repeated warnings on municipal deposits
03/09/2018
US's Tillerson warns African nations not to 'forfeit their sovereignty' by taking Chinese loans
U.S. Secretary of State Rex Tillerson has warned against African nations accepting Chinese loans.
03/08/2018
FG Swoops On Tax Evaders In Maitama, Asokoro, Others
The FIRS source disclosed that government is now in possession of relevant intelligence on the identity of owners across the country from state governments.
03/08/2018
SARS collects R3.3 billion from South Africans with unauthorised overseas assets
“The R3.3 billion includes agreements to pay SARS following information contained in the ‘Panama Papers’,” it said.
03/07/2018
ANC withdraws motion to debate nationalisation of Reserve Bank
This would mean that the existing structure of private shareholders within the central bank would fall away.
03/07/2018
Pension Fund: Reps Summon Maina, Malami, Oyo-Ita
We are not here to witch hunt anybody but at the same time will not allow anybody to take this committee for granted
03/05/2018
Employers shrug off Tier-2 pension for millions of workers
Meanwhile, the NPRA, regulator of the country’s pensions industry, including SSNIT, says it lacks the power to take on employers that flout the law, which it cited for the low compliance rate.
03/02/2018
EU deals Tunisia another heavy blow
The following day, World Bank official Marouane Al Abbasi was appointed by the Tunisian Parliament as his successor.
03/01/2018
Anti-money laundering laws expose our financial sector’s soft underbelly
This was a shift from his predecessor who was concerned more about financial inclusion and bank managed to escape with their sins.
03/01/2018
Pension funds: a looter continual
Hawks were asked to investigate plunder of Bosele National Provident Fund years ago, but are still unable to answer questions about it
02/28/2018
Changes to S Africa’s Regulation 28 welcomed by asset managers
The changes to pensions fall under Regulation 28 of the Pension Funds Act.