01/15/2025
To control its finances, the government wants to link public sector pay increases to the consumer price index for the two years after 2025-26, which was a sticking point, De Bruin said in a telephone call on Tuesday.
01/14/2025
Dr Forson also reiterated his strong stance on the controversial E-levy, saying his position on the matter had not changed.
01/14/2025
These banks collectively owe a total of N200bn, and the telecom regulator is preparing to take action, including suspending USSD services for the defaulters.
01/10/2025
The 2016 and 2021 local government elections both produced a hung council, which led to the municipality being governed by a coalition.
01/09/2025
South Africa is expected to experience low inflation during 2025
01/08/2025
Fewer US interest rate cuts are supportive of a stronger US dollar, which led to to US dollar strengthening in the second half of December and has been instrumental in weakening the rand.
01/07/2025
The Bank of Ghana stated that the Directive has been published to ensure the Ghanaian financial ecosystem remains secure, efficient and “globally competitive”.
01/07/2025
The requirement for filing RCRs is integral to ensuring that the country’s businesses are aware of how they can be used for laundering proceeds acquired through criminal activities.
01/06/2025
Bloomberg Economics projects its aggregate measure of advanced-world interest rates to drop just 72 basis points in 2025, less than it did in 2024.
01/06/2025
The Committee “recognized the disinflationary trend in the latest monthly inflation data
01/06/2025
Institutions that have not submitted risk and compliance returns could be penalised up to R50,000
01/03/2025
The financing supports the government’s recent bold reform to modernize and liberalize banking operations in the country.
01/03/2025
South Africa’s carry appeal remains strong as inflation and expectations stay anchored
01/03/2025
The naira had recorded a 40.9 per cent depreciation in 2024 when compared to the official rate at the close of 2023, which stood at 907.11/$.
01/02/2025
It also failed to comply with cash threshold reporting (CTRs) to the Financial Intelligence Centre (FIC) with missed deadlines.
01/02/2025
Developing-nation currencies have struggled in 2024 as robust US economic growth bolstered the dollar.
12/30/2024
The sanctions consist of seven cautions, one reprimand and a financial penalty totalling R56.25 million
12/30/2024
The facility will help strengthen financial cooperation and expand the use of the two currencies, the People’s Bank of China said in state
12/30/2024
Service shedding in telecommunications refers to the deliberate reduction or limitation of telecom services in specific areas
12/27/2024
Consumers are being lured by the convenience and affordability of these platforms, but they often fall prey to scams and fraudulent activities.