06/08/2014
This is to ensure that bank customers and residents of those states are not caught unawareness when the policy, which seeks to migrate people from the dominant cash activities to electronic portals for their various transactions.
06/05/2014
The ultimate goal of the legislation is for the IRS to obtain information
05/29/2014
The CBN noted that equally worrisome was the fact that most CCOs do not report directly to the board of directors
05/27/2014
A negative verdict could slow down Nairobi's quest to become an international financial centre
05/26/2014
Tanzania’s 90 metric tonne stockpile of ivory valued at about $50 million si to be destroyed
05/26/2014
Kenyan banking customers will soon get full disclosure of what exactly goes into their loan charges.
05/23/2014
Business in Africa is advancing rapidly, due in no small part to the efforts of the compliance industry
05/20/2014
The South African Reserve Bank has relaxed regulations for private companies in the country, which now makes it possible to transfer intellectual property offshore, reports TechCentral.
05/19/2014
The objective of the charter is to facilitate the transformation of the Namibian financial sector and to bring about tangible benefits for Namibians.
05/14/2014
A flood of new regulations in financial services makes it difficult for new entrants to break into an already highly consolidated sector
05/14/2014
Africa’s sustainable economic growth rests on the faithful and committed implementation of the ongoing policy and regulatory reforms, improved governance, political stability on the continent and other business facilitation reforms
05/09/2014
The Bank of Ghana has hosted the fifth meeting of the Financial Stability Board Regional Consultative Group for Sub-Saharan Africa in Accra.
05/07/2014
Bosa refers to Saccos operating their services like loans and repayments
05/06/2014
FirstRand continues to grow and improve access to finance
05/02/2014
Under regulations that took effect at the beginning of last month, a registered credit bureau must remove adverse consumer credit information within two months of April 1 2014.
05/02/2014
The removal and restriction on use of adverse credit information will increase risk in the system
04/28/2014
Standard Bank Namibia says it supports local and global efforts to combat money laundering and the financing of terrorist activities.
04/23/2014
The Central Bank of Nigeria has released exposure draft on guidelines for licensing and regulating holding companies four years after it repealed the universal banking guidelines and introduced a new banking model that allows banks to adopt a holding comp
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.