08/19/2024
In July, Mozambican President Filipe Nyusi said that the country was working ‘hard’ to eradicate money laundering and thus meet the standards recommended by the FATF, in order to get off the grey list as soon as possible.
08/19/2024
The problem of hijacked buildings and properties in South Africa is intensifying, now spreading from commercial districts into urban residential areas.
08/16/2024
It also allayed concerns about customer data being compromised, stressing that the bank does not store customer information on its website.
08/16/2024
The central bank injected dollars into the market last week, but pressure on the currency is building again.
08/16/2024
Results from the JV contributed to a 2% decline in the bank’s profit in the six months ended 30 June.
08/16/2024
SARS Criminal Investigations and the SARS Anti-Corruption Unit also pursue these matters.
08/15/2024
Many states are adamant that they cannot pay the new wage, or they will go bankrupt.
08/15/2024
Rising mortgage repayments have strained household budgets, making it difficult for many to meet their monthly obligations.
08/14/2024
The FSCA has opposed the ANC’s proposal of introducing prescribed assets, stating that it will hurt the nation’s retirement outcomes.
08/14/2024
Through its interest rate decisions, the central bank must ensure that it balances inflation and economic growth.
08/14/2024
The commencement of the Rights Issue subscription is an important step in our growth strategy
08/14/2024
AMCON had created the N1.5 trillion sinking fund, which was to be financed through the contributions of financial institutions in the country as well as the: Central Bank of Nigeria to cover losses on the NPLs.
08/14/2024
Pretoria’s refusal to condemn Russia’s invasion of Ukraine and decision to lay of genocide charges against Israel in an international court over its war in Gaza have been particularly contentious.
08/13/2024
The bid range for Union Bank was between N1,500.00/$1 and N1,600.00/$1.
08/13/2024
The unpaid arrears, which date back to 2019, had been a source of tension between NiMet management and its staff, leading to frequent clashes with labour unions.
08/12/2024
Extending the reach of financial services in emerging markets is a challenge and opportunity for traditional banks.
08/12/2024
Banking fraud contributed to 45% of these incidents, followed by the microfinance sector at 19% and retail at 14%.
08/12/2024
Banks are working to raise over N4 trillion to meet the CBN’s new capital requirements
08/12/2024
The Capital Adequacy Ratio was also relatively high at 13.9% in December 2023
08/09/2024
FATF added South Africa to its list in February last year