06/30/2022
Africa is losing more than $50billion every year in illicit financial outflows as governments and multinational companies engage in fraudulent schemes aimed at avoiding tax payments to some of the world’s poorest countries
06/30/2022
The bank said the directive became mandatory for institutions to strengthen their cyber defenses if they were to remain safe and sound.
06/30/2022
$239mln is at stake
06/30/2022
The agreement will also help to facilitate the capacity of stakeholders through financial literacy programmes, market advocacy initiatives and listing of companies.
06/29/2022
The Commission, nevertheless, assured all stakeholders of the safety and protection of their interests.
06/29/2022
Some of the traders who spoke on the initiative, commended the apex bank for introducing eNaira, saying that it would help in solving the long wait experienced in transferring cash.
06/28/2022
The UK has agreed to guarantee $2 billion of the debt the African Development Bank has extended to governments on the continent, allowing the lender to free up finance for climate-related projects.
06/28/2022
“A year later, in Q1 2021, this number remained much the same, at 36.2%. In 2020, the NMW was adjusted by 3.8%, and wages appeared to have risen by roughly this amount for those who remained employed in Q1 2021, meaning that the overall rate of non-
06/28/2022
As part of his presentation, Momoniat focused on five main areas, including the new retirement system for South Africa and the government’s plans to address flaws in the current system.
06/27/2022
The late Mugabe, who ruled Zimbabwe between 1980 and 2017 with an iron fist, was at the loggerheads with the Commonwealth over alleged human rights abuses and electoral fraud.
06/24/2022
The government has identified required interventions at two levels.
06/24/2022
This means that there are no longer any laws or regulations mandating mask-wearing.
06/24/2022
“It seems that the SCA’s basis for this decision was that the relationship between a bank and a client is a contractual one,” he said.
06/24/2022
This restriction remains in place.
06/23/2022
FICA is aimed at the identification of the proceeds of unlawful activities, combatting money laundering and combatting the financing of terrorist and related activities.
06/23/2022
The forum focused on the risk factors emerging from open banking system and how best to tame them.
06/22/2022
The companies viewed Nedbank’s conduct as unjustifiable and unlawful and instituted proceedings to claim damages in the amount of ZAR181 103.31, together with interest and costs.
06/22/2022
This would be the first time since March 2017 that inflation tops the upper limit of the South African Reserve Bank’s inflation target range
06/21/2022
Manufacturing requires patient capital which can be invested for a long period of up to five to ten years and even more.
06/21/2022
This is the verdict of the World Bank in its latest report titled, “Nigeria Development Update June 2022