12/14/2015
South Africa's Zuma denies affair with airline boss | Reuters
Zuma dismissed Finance Minister Nhlanhla Nene on Wednesday.
Regulation,Tax & Compliance
12/11/2015
National Bank of Kenya pursues terminal defaulters
National Bank of Kenya Managing Director Munir Ahmed
12/09/2015
CEO of Kenya's biggest firm declares wealth to boost anti-graft fight
Public pressure has mounted on President Uhuru Kenyatta to deal with corruption after a spate of media reports about inflated government contracts and outright theft of funds by officials in other cases.
12/08/2015
Draghi Still "Super Mario" to dollar-thirsty emerging markets
The worry is that if the dollar keeps surging
12/08/2015
African Bank on path to launching ‘good bank’
The write-down of the remaining loan receivable from African Bank Investments Limited resulted in a charge for capital items of R330m for the period under review.
12/08/2015
Mozambique joins Nigeria, Angola in restricting foreign exchange, wealthy shoppers hit
As local currency plummets, Mozambicans will now be allowed to charge only a maximum of $13,600 on their debit or credit cards annually.
12/07/2015
South Africa's Treasury says committed to reducing constraints on economy
South Africa Treasury said on Saturday it was committed to reducing constraints on the economy
12/07/2015
Expert sees tighter controls for Kenyan banks
Commercial banks and financial institutions should expect enhanced risk-based analysis and supervisions following the recent closure of Dubai and Imperial bank, a financial expert has cautioned.
12/07/2015
Nigeria: France, Bodies Pledge U.S.$4 Billion for Africa's Great Green Wall Project
The project addresses desertification, enhances natural resource management and promotes ecosystem integrity in the dryland in the Northern parts of Nigeria.
12/06/2015
François Groepe: African central banks and monetary policy challenges
Address by Mr François Groepe, Deputy Governor of the South African Reserve Bank, at the Credit Suisse Africa Conference, Cape Town
12/02/2015
Cooperation With Africa African Development Bank Actively Attracts Korean Firms
We hope that the seminar helps Korean companies become interested in and understand African countries’ investment systems and environments better and seek new investment opportunities.
12/01/2015
Bank of Khartoum wins nod for Bahrain branch
The Bahrain office will be will the first branch outside Sudan and the first Sudanese Bank that will be holding an Islamic wholesale banking branch license in the Kingdom.
12/01/2015
No Bank is in Distress -CBN
The CBN wishes to state categorically that no Nigerian bank is “experiencing stress”.
12/01/2015
A major South African bank has been fined in a bribery scandal
The case is the first deferred prosecution agreement in the UK.
11/30/2015
ICBC Standard Bank agrees deferred prosecution settlement with SFO
The SFO insisted that full details of the facts of the case and the terms of the settlement would be set out in open court on Monday.
11/30/2015
SFO agrees first UK DPA with Standard Bank
This indictment, pursuant to DPA proceedings, was immediately suspended. This was also the first use of section 7 of the Bribery Act 2010 by any prosecutor.
11/27/2015
Nigerian apex bank says no bank is in distress
The CBN hereby assures the banking public that the Nigerian banking system is sound and all banks are in compliance with both the regulatory and prudential requirements
11/27/2015
Kenya Says It Is Open to Foreign Banks Despite Licensing Ban
Njoroge placed two banks under administration since he came to office in June.
11/27/2015
Skye Bank Tops Nine Nigerian Commercial Banks Experiencing Stress
According to the source, the affected banks include United Bank for Africa (UBA), First Bank, Diamond Bank, Sterling Bank, Skye Bank, and Heritage Bank.
11/26/2015
Bank urges countries to budget carefully
Africa’s foreign currency bond issues between 2000 and 2014 totalled $20.5bn, with $7.4bn of that raised last year alone, Akinwumi Adesina, who took over as president of the AfDB in September