08/22/2016
This was in response to complaints – recently endorsed by David Lipton, deputy managing director of the International Monetary Fund – that the country’s big four banks were too dominant and fees were inflated because of the lack of compe
08/19/2016
Suggested amendments seem to have missed Davis Tax Committee’s goals.
08/18/2016
After replacing Skye's executives last month, depositors rushed to withdraw their funds.
08/17/2016
In a note to investors shortly after President Edgar Lungu’s re-election, the bank said with the PF win, most of the groundwork has already been laid.
08/17/2016
“This conduct is specifically prohibited in terms of Section 23 of the Competition Act,” he stated.
08/15/2016
The country’s $20bn in annual remittances set to take a hit after central bank revoke the licenses of all but three money transfer companies
08/15/2016
The Meru County boss said it was important to safeguard workers' future especially in retirement.
08/12/2016
Islamic banking has key differences from conventional banks
08/12/2016
The expert points out in recent years have also seen a host of new market entrants.
08/12/2016
To establish a new Islamic Bank in Nigeria
08/12/2016
“Even Uganda is coming up with a different Act to govern Islamic banking and that’s the way to go.”
08/12/2016
This allowed third-party entities, based in places as varied as supermarkets, gas stations and post offices, to act as agents for the banks.
08/11/2016
Commercial banks, which collectively booked Sh38 billion in pre-tax profits between January and March alone, are all members of the 46-member lobby group.
08/10/2016
Commercial banks asked the central bank to amend its rule requiring them to keep non-performing loans on their books for one year even after they have been fully provided for.
08/10/2016
FOCAC was created in 2000 to, among other things, cement Sino-African relations by establishing sustainable trade deals, political and cultural exchanges.
08/10/2016
It is the latest such agreement to be signed between ADGM and other financial authorities across the world.
08/10/2016
SA Reserve Bank found “weaknesses” in money laundering and financing of terrorism controls
08/09/2016
Memorandum to enable greater cooperation on regulatory matters
08/08/2016
A number of the banks in a bid to recover their monies from Finatrade last year dragged the company which is one of Ghana’s biggest commodity trading companies to court.
08/08/2016
It added that the minimum subscription amount in the fund is N10,000.00.