08/15/2017
Court quashes proposal to change South Africa's central bank mandate
She would do well to reflect more deeply on her conduct in this investigation and the criticism of her by the Governor of the Reserve Bank and the Speaker of Parliament.
Regulation,Tax & Compliance
08/07/2017
Bank of Uganda denies hiding cash in Germany
The central bank opens and executes authorised transactions on government accounts both domestically and internationally.
08/04/2017
SARB Launches New Application Over Mkhwebane's Report
This is separate from the application that was heard on Tuesday, where judgment was reserved.
08/04/2017
Kenya plans to roll out new products to attract foreign investors
The CEO said that since the beginning of the year, there has been a net outflow of approximately 2.2 million U.S. dollars by foreign investors in the capital markets.
08/03/2017
Sars will now find you and tax you, no matter where in the world you hide
“Naturalisation is not required to be subject to tax in South Africa."
08/01/2017
Does SA need a state-owned bank?
Reserve Bank governor Lesetja Kganyago says the government is already a big player in the financial services sector.
08/01/2017
SA’s risk managers are missing a trick …
Why did this happen if full protection was available?
08/01/2017
Abu Dhabi and Kenya forge fintech links
The Agreement expands both ADGM and CMA’s FinTech cooperation network to growth markets with enormous potentials.
08/01/2017
Abu Dhabi Global Market And Capital Markets Authority Kenya Affirm Fintech Collaboration (First FinTech Bridge Between The UAE And An African Financial Regulatory Authority
This new agreement establishes ADGM’s fourth FinTech bridge with a global FinTech hub, following its recent collaborations with the Monetary Authority of Singapore
07/28/2017
Halliburton to pay $29.2 mln to settle U.S. charges tied to Angola
Both the company and Lorenz are settling the case without admitting or denying the allegations.
07/28/2017
Mauritius: MRA Collects Some Rs 76 Billion As Revenue for Financial Year 2016-2017
Mr Lal expressed satisfaction regarding the MRA's performance
07/26/2017
GHANA: National Pensions Regulatory Authority calls for urgent unification of pension schemes
This means that the unification should have been completed in 2014.
07/26/2017
Bank of Baroda dumps Guptas
“We understand that Bank of Baroda has given them (Guptas) a month to find a new home."
07/17/2017
Barclays Africa Challenges Findings on Apartheid-Era Bailout
In reaching her finding that Absa benefited from the South African Reserve Bank financial support.
07/14/2017
Mauritius: the gateway to African expansion
The island has long been held as the jurisdiction of choice for firms wanting to expand their business into Africa, with some even calling it “Africa’s Singapore”.
07/14/2017
Barclays Africa challenges findings on apartheid-era bailout
The constitutionally mandated anti-corruption agency said Absa must repay 1.1 billion rand ($83 million) to the state.
07/10/2017
IMF urges Zimbabwe to expedite arrears clearance to multilateral creditors
The payment of the debt arrears followed IMF’s approval of Zimbabwe’s debt clearance strategy under which it pledged to clear a combined 1.8-billion-dollar debt arrears to the IMF.
07/10/2017
South Africa: the quest to rediscover sound fiscal policy
One area that has been particularly hampered is infrastructure development.
07/10/2017
S.Africa's graft watchdog won't challenge central bank in court over mandate
They argue that Mkhwebane had gone beyond the scope of her mandate.
07/07/2017
Proposed comprehensive amendments to the JSE Debt Listings Requirements move closer to implementation - ENS AFRICA
The latest version of the amendments is available here and the explanatory memorandum is available here.