04/22/2014
Share prices of the four major banks surged this week after the Reserve Bank fined them R125m for not complying with money-laundering rules — sending a clear message that investors were wholly unconcerned about these “administrative sanctions&
04/21/2014
Mr Kehinde Durosinmi-Etti, the outgoing Managing Director/Chief Executive Officer of Skye Bank Plc, spoke to business editors on his tenure and his future plans.
04/17/2014
Hedge funds are pooled investment schemes supervised by a professional management firm, investing in a wide range of markets and using a variety of investment styles and financial instruments.
04/17/2014
Standard Bank was found to have failed to meet its obligations
04/16/2014
The seven-member FTSE/JSE Africa Banks Index declined 0.5 percent
04/11/2014
The yield at inception was 6.5 percent, slightly below the high 6 percent area initially announced, and the equivalent spread over UST of 485 basis points bps.
04/10/2014
He made his projection based on the choice of the new CBN boss, the chief executive of Zenith Bank, a colleague who he said has a good understanding of the state of the sector.
04/09/2014
Egyptian banks are refusing to receive wire transfers from Sudanese and Libyan companies in line with instructions issued by the Central Bank of Egypt
04/07/2014
Obigwe, who was cleared last week, had been waiting since 2009 for the central bank to give him a clean bill of health.
04/07/2014
Sustainability advocacy group Ceres, in collaboration with BlackRock and other major institutional investors across the globe, announced an initiative to engage global stock exchanges, via the World Federation of Exchanges, on a uniform standard for susta
04/04/2014
Zimbabwe has issued $103m of Treasury bills to seven banks as the government repays debt stemming from the central bank’s seizure of foreign-currency accounts
03/17/2014
Arnold Ekpe, former CEO of West African banking group Ecobank, once said African-owned companies had an advantage in African markets, particularly the difficult and high-risk ones, because they came from risky markets and understood the challenges and kne
03/05/2014
This is in line with the Mauritius central bank's role as a founding member of the Malaysia-based International Islamic Liquidity Management Corp, a body backed by central banks from the Middle East, Asia and Africa.
03/02/2014
The meeting, which was ordered by the Nigerian Securities and Exchange Commission, is on the heels of the recent crisis on the bank’s board.
02/28/2014
Sudan: Saudi Arabian Banks Suspend Sudan Transactions
Saudi Arabia and some European banks will halt their transactions with Sudanese banks from 28 February onwards
02/17/2014
Ghana's central bank has separated certain categories of Outward Payments in its new directives concerning the Foreign Exchange operations in the country.
02/11/2014
The protracted process of drawing up regulations for the entire hedge fund industry, which commenced in 2012 on the recommendation of the Group of 20 following the 2008 financial global financial crisis, is drawing to a close, with the Treasury looking to
02/10/2014
Financial industry executives are almost as concerned about the growing demands of regulatory compliance as they are with market volatility
02/06/2014
With offshore regulatory activity at a high in West Africa, now is a good time for a brief overview of the legal and regulatory developments coming up in the region's key oil and gas jurisdictions.
02/03/2014
The Nigerian Securities and Exchange Commission’s investigation this month into Ecobank Transnational Inc. highlights the regulatory risks facing pan-African companies, Fitch Ratings said.