08/14/2023
The tribunal issued a judgment on April 22, 2021, but the former employees went back to the RBA accusing the trustees of using a wrong formula against the tribunal’s decision.
08/14/2023
“While the regulations may be well-intentioned and designed to help prevent South Africa from falling further afoul of traditional regulators, there’s also a good chance they could backfire,” Scherzer said.
08/08/2023
The banks include Union Bank of Nigeria, Stanbic IBTC Holdings, Sterling Bank, and Access Holdings.
08/08/2023
The CBK’s proposal entails stopping the transfer of net profits to the general reserve until the new reserves reach a maximum amount of 5 billion dinars, which is four times higher than the previous ceiling of 1 billion dinars.
08/03/2023
On the same day, the Economic Community of West African States (Ecowas), a larger regional grouping, also imposed sanctions on
08/03/2023
The letters, signed by Herbert Smith Freehills South Africa Attorneys Inc, were issued on July 21 and gave Sekunjalo a 30-day notice period before closure of the accounts.