06/20/2023
The market will now be watching the new tricks that Dr Thugge, who served as the International Monetary Fund (IMF) Mission Chief to Botswana and Lesotho in the wake of the global financial crisis, will pull from his bag to stem the slide.
06/20/2023
On South Africa, the IIF notes, “the near-term direction of nonresident capital flows
06/20/2023
The assurance was given by Director General of the SEC, Mr. Lamido Yuguda during an interaction session
06/19/2023
This critical step towards South Africa’s removal from the FATF greylist was among the eight areas of strategic deficiencies identified by the FATF that required South Africa to address.
06/19/2023
The report indicated that the fraud cases involving staff decreased to 188 in 2022, as compared to 278 in 2021.
06/19/2023
The statement was titled ‘CBN issues further guidance on operational changes to foreign exchange market’.
06/16/2023
So, President Bola Tinubu’s announcement of plans to unify the country’s forex rates during his inaugural speech sent the financial market into a frenzy.
06/15/2023
The CBN’s decision to float the currency was hailed by the organised private sector and economists who said the move would unify the country’s multiple exchange rate and bring sanitise the FX market
06/15/2023
In broad terms, the bill aims to amend various other pieces of legislation related to pensions, the Land Bank, the auditing profession and the Financial Commission.
06/13/2023
Along with Sweden and India, Nigeria has moved ahead of other countries in its efforts to reduce the reliance on cash
06/13/2023
Nigeria cannot adopt the EU and US codes of conduct due to our peculiar situation. But we can leverage on theirs to perfect ours to suit our situation.
06/13/2023
The U.S. Securities and Exchange Commission this week sued Binance and Coinbase for allegedly breaching its rules
06/13/2023
Specifically, the bill enables the minister to declare certain practices in relation to small enterprises to be prohibited as unfair trading practices and to make regulations regarding them.
06/12/2023
ECB President Christine Lagarde said earlier this month rates were getting “closer to our cruising altitude”, but “we need to continue climbing”.
06/09/2023
The East African country's budget deficit is expected to be 281.05 billion birr in the coming year
06/09/2023
Bloomberg analysts noted that a smaller than expected deficit in the country’s current account is also giving the rand a boost.
06/08/2023
The committee has inflated the budget by Sh81 billion on the expenditure plan the Treasury tabled in Parliament to Sh3.67 trillion, putting extra pressure on the KRA.
06/08/2023
The amended Employment Equity Act was assented to by President Cyril Ramaphosa on 14 April 2023.
06/07/2023
The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030
06/07/2023
Headline inflation has risen above the South African Reserve Bank’s (SARB’s) 3% to 6% target range amid higher food and energy prices.