07/12/2022
In an emailed statement, the bank said it took a range of factors into account in reviewing its policy, including recent regulatory developments, the current state of the pandemic in South Africa, and the high vaccination rate amongst its employees.
07/12/2022
The government is also expected to conclude the legislative process for the Employment Equity Amendment Bill in September 2022, in what is expected to be the vanguard of a new transformation push for the country.
07/11/2022
This year’s African Caucus held under the theme, “Towards a Resilient Africa,” and called for a rapid implementation of the commitment made at the G7 Summit in June 2022
07/11/2022
In the suit, Mekwunye, also a Union Bank shareholder, had contended that Union Bank’s sales to Titan Trust Bank by Union Global Partners and Atlas Mara Ltd did not follow extant laws of Nigeria regulating such transactions.
07/06/2022
According to the regulation plan, the FSCA is developing a conduct regulatory framework to be implemented under the COFI Bill, once the COFI Bill is enacted.
07/06/2022
“The aim of the amendment is to explicitly enable and reference longer-term infrastructure investment by retirement funds, by increasing maximum limits that funds may invest in,”
07/05/2022
So far, the Central Bank of Somalia has licensed 13 locally owned commercial banks, among them Salaam Somali Bank and Dahabshil Bank.
07/05/2022
Banks that break the rules risk withdrawal of licenses, directors’ ousters, and a Sh5 million fine while workers in violation face a Sh200,000 penalty.