04/05/2016
The comments from Nigel Green, founder and chief executive of deVere Group, follow a major leak of confidential documents from Panamanian law firm, Mossack Fonseca.
04/05/2016
It was sufficient, nonetheless, to show that actual demand for forex stood at almost $9.21 billion during the month, given that the CBN only manages to meet 10 per cent of banks' demand for forex.
04/04/2016
These banks had been permanently locked into the CBN’s discount window borrowing money to meet daily obligations when in fact they should have been net givers of liquidity to the system.
04/04/2016
Kenya is undoubtedly the financial center of the East African Community, however as Cabinet Secretary at the National Treasury Henry Rotich explains, it aims to extend beyond the EAC’s borders to become a financial focal point for Africa as a whole
04/04/2016
Another week, yet another Zuma family scandal. This time, it's little oll' Khulubuse Zuma who's been named in what's being called the largest data leak in history.
04/03/2016
Finance Minister Patrick Chinamasa said empowerment plans from Barclays Plc, Standard Chartered Plc, Old Mutual Plc and its two banking subsidiaries as well as South Africa's Standard Bank and African banking group Ecobank were consistent with the la
04/01/2016
The deal for Crown Agents Bank and its sister asset management company, for an undisclosed sum, marks the first time an African-managed fund has won approval from regulators to acquire a UK financial institution.
04/01/2016
The Financial Stability Board, which met in Tokyo on Thursday, has agreed on a framework for categorizing different components of fintech and assessing their potential risks.
03/30/2016
This step was made based on a detailed feasibility study that was conducted by QIIB taking into consideration all factors such as the expected returns of the investment and other market factors.
03/29/2016
South Africa has a major footprint in its northern neighbour.
03/28/2016
Brazil, Russia, India, China and South Africa seem to be failing to justify predictions of 21st century domination
03/22/2016
From Zambia to South Africa, African currencies were among the worst hit by a slide in investor sentiment toward emerging and frontier markets last year.
03/22/2016
The Banking (Amendment) Bill speaks to the general welfare of the citizenry.
03/17/2016
The fraud comes three years after the government instituted new financial integrity measures to seal loopholes
03/15/2016
THE Bank of Tanzania has said the merger of National Bank of Commerce and Barclays Bank Tanzania is still under consideration.
03/15/2016
April launch date still targeted.
03/09/2016
Most large foreign banks in South Africa have automated their regulatory reporting.
03/04/2016
Bank of Botswana spokesperson Andrew Sesinyi said in a statement that the decision to sell off Barclays Bank plc’s stake in BAGL is subject to regulatory and shareholder approvals.
02/26/2016
According to papers presented to the Board, the Bank support will focus on establishing a more conducive business environment to enable private sector activity in traditional as well as new sectors of economic activity.
02/22/2016
Governor José Pedro de Morais welcomed the removal, saying it would improve the country's credit quality and financial institutions.