10/31/2016
Kenya, South Africa agree to monitor mergers and acquisitions
The two antitrust regulators will work together in the field of competition law enforcement and policy development.
Regulation,Tax & Compliance
10/31/2016
No reforms, no money: IMF
Zimbabwe’s enormous external debt overhang is impeding its access to the external financing necessary to stabilise the macroeconomic environment
10/30/2016
NBE Gives New Forex Directives to Ethiopian Banks
The directive also bans the approval of a Letter of Credit (L/C) without collecting a minimum of 30 percent of the value of the L/C in cash up front.
10/28/2016
World Bank to fund African centres of excellence
A single country cannot afford to have a various centres of excellence.
10/27/2016
Special Voluntary Disclosure Programme – tax aspects
Prospective applicants must obtain details of market values of the foreign assets held by them as at the end of February of each year for 2011 to 2015
10/26/2016
Why a bank may have to close an account
The office of the Ombudsman for Banking Services would like to highlight other relevant legislation and conventions with which financial institutions must comply.
10/25/2016
MTN suspends Nigeria dividends payout
MTN Nigeria continues to refute the allegations that MTN Nigeria had improperly repatriated funds from Nigeria.
10/20/2016
SARB sets high bar for rate cut
The hiking cycle may be nearing its end.
10/18/2016
Treasury moves in to seal Islamic finance loopholes
This is what regulators like the Central Bank of Kenya, Insurance Regulatory Authority, Capital Markets Authority , Retirement Benefits Authority and Sasra have to grapple with as Islamic finance grows in Kenya.
10/18/2016
Financial inclusion a challenge in low income communities in Africa
It compares indicators of the financial environment, as well as regulation and supervision standards.
10/17/2016
Patrick Njoroge named Africa’s best central bank governor
In May this year he received the Central Bank Governor of the Year Award at an African Development Bank conference.
10/14/2016
Regulatory landscape changes in the Middle East
In the Middle East the regulatory landscape is evolving and International life companies have to navigate through the regulatory maz
10/14/2016
Why South Africa faces a train smash if its finance minister is removed
The charges are widely viewed as an attempt to remove Gordhan from office without formally firing him, or to justify doing so soon.
10/12/2016
Decrypting the legality of encryption in South Africa
A test case before the courts on the constitutionality or otherwise of end-to-end encryption, and access to encrypted communication in general, would be a welcome development.
10/11/2016
SMEs bear the brunt of tighter bank regulations
Survey shows only 5% of SMEs in sub-Saharan Africa ‘adequately served’ by banks.
10/11/2016
Ecobank gets $310m AFDB trade finance support
The bank added that it would enhance support to local enterprises in sub-Saharan Africa
10/10/2016
Apex bank sets limits on banks' investment in govt Islamic bonds
The central bank said it considered the need to issue the guidelines to enhance the quality of sukuk instruments.
10/10/2016
Africa's under-developed markets play catch-up with Basel
Since that collapse, the system has been on a course of antibiotics, one that hasn't quite worked.
10/10/2016
Central Bank boss Patrick Njoroge feted for cleaning up banking sector
He emerged top for his integrity and was praised for re-establishing order in Kenya's banking industry.
10/07/2016
SA’s outdated banking regulations stifling innovation
More significant than the high cost of entry is the fact that we have a banking and regulatory framework in South Africa that is incentivised to maintain the dominance of the large banks and to exclude new entrants.