11/19/2014
CBN's New Initiative for Outbound Money Transfer
THE Financial world today has become a global village in all its ramifications, following rapid increase in local and international transactions across.
Regulation,Tax & Compliance
11/17/2014
Review of the financial sector in Mauritus by Rundheersing Bheenick, Governor of the Bank of Mauritius
Looking back over the global landscape in recent years, characterised as it has been, by painful adjustments in financial and economic affairs, it is hard to avoid the conclusion that we have been lurching from crisis to crisis.
11/12/2014
Performance Measurement No Longer Exists in a Vacuum - DST Global Solutions
Investment Management is operating in a world of more – more regulation, more transparency, more meaningful investment information and more control.
10/28/2014
Burdened by Rising NPLs, Banks Turn the Heat on Delinquent Debtors
Driven by the pressure to shake off the burden of rising non-performing loans in a period of uncertainty accentuated by the twin problem of dip in profitability and regulatory headwinds, Nigerian banks have begun crackdown on chronic debtors
10/26/2014
Deloitte named a leader in Global Risk Management Consulting services by Gartner
Cyber Risk Services and Crisis Management round out broad portfolio Deloitte considers cyber risk services to rank among its most important offerings in the marketplace.
10/08/2014
Namibian Group Plans Second Bid to Start Stock Exchange
It’s a matter of how soon they can process the application and grant the license
10/08/2014
Zimbabwe: Troubled Banks Leave DPC Exposed
There are 22 banks in total. At a cover level of $500, DPC's exposure was $52,3 million
10/08/2014
Fitch: Nigerian banks performing well despite hurdles
Fitch Ratings says in a new special report that Nigerian banks are performing well despite the twin hurdles of tight monetary policy actions and new banking rules.
10/02/2014
Examining Governance Structures In S.Africa
African Bank, followed by the PPC saga have really opened a Pandora's Box and offered a window to examine governance issues.
10/02/2014
Trends in S.Africa's Unsecured Lending Arena
South Africa has been dealing with defaults on unsecured personal loans, this after African Bank Investments Limited's failure.
09/19/2014
Banks In Unsecured Lending Required Specialised Risk Management Systems
The fall of African Bank shows that a one-size-fits-all approach to managing risk in the banking and lending industries is fundamentally flawed,
09/19/2014
Nigeria’s Banking Sector Restructure Executed In Defiance Of Transparency Rules
On September 4, 2014, Asset Management Corporation of Nigeria, the Nigerian “bad bank” established after the severe crisis that rocked the banking sector in 2009, divested its participation interests in Ecobank to the profit of Qatar National
09/17/2014
Banks want BoG to bear costs on future banking regulations
The banking captains also said future banking legislations and regulations should be designed to have a long-term focus on overall industry growth
09/17/2014
Ghana: Bankers endorse IMF intervention
The move toward the IMF is to basically shore-up confidence in the market
09/17/2014
World Bank calls for sweeping reforms in Tunisia
The World Bank said it had wrongly praised Tunisia's economic model
09/17/2014
Appointing statutory actuaries to ensure proper financial risk management by banks?
The recent demise of African Bank has shown that a one-size-fits-all approach to managing risk in the banking and lending industries is fundamentally flawed.
09/15/2014
Capital Adequacy: Banks in Race to Beat Sept 30 Deadline
As the deadline for the transition to Basel II/III by the Nigerian money deposit banks expires at the end of the month, a number of the frontline banks have begun frenetic moves to raise both tier I and tier II capital. Basel II is an international busin
09/12/2014
Risk management systems highlighted by African Bank failure
Corporate governance failures continue to blight companies and governments across the continent, with a commission of inquiry into the collapse of African Bank being launched earlier this month.
09/10/2014
Risk management systems highlighted by African Bank failure
The failure of unsecured lender African Bank has sent shivers down investors’ spines and raised the need for improved risk-management processes
09/05/2014
Reprieve as Capital Markets Authority cuts stockbrokers fee
Capital Markets Authority has lowered the licensing fee for new stockbrokers by more than half in what appears to be a deliberate move to dismantle the cartel-like behaviour that has epitomised the 60-year-old exchange.