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
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
Deal with Nigerian bankers in fastest growing market for UK institute
09/03/2018
In this report OYENIRAN APATA, CHRIS EBONG and OLUSEGUN KOIKI examine the benefits of the new scheme and its challenges.
09/03/2018
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
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 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
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
According to economic analysts, the new 'debt relief' bill will hurt consumers.
08/28/2018
In June 2015, Mauritius signed the OECDs' Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
08/23/2018
Nugent commission hears how fragmentation, leadership issues affected the organisation.
08/22/2018
With headquarters in Luanda, Oliveira & Associados provides legal services to both corporate and individual clients within Africa and globally.
08/22/2018
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
The East African Business Working Group on domestic taxes identifies several challenges in tax harmonisation
08/15/2018
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.
08/10/2018
The state raised an alarm on Tuesday that its bank accounts were frozen without any explanation.
08/10/2018
The situation is so dire that employees have gone without salaries for months, with the office it operates in on the verge of being auctioned due to non-payment of rent.
08/08/2018
Safaricom Plc received a show of support from Kenya’s antitrust regulator as the country’s largest company battles to convince lawmakers that its market leadership in mobile subscriptions isn’t shutting out competitors.
08/08/2018
The CBN Director said then: “We have less than six months to the effective date of the Standard (IFRS 9) and many banks have to intensify efforts to meet the deadline.
08/07/2018
The central bank accused lenders of only “using information from credit reference bureaus negatively as a blacklisting tool” in the draft charter.