11/12/2020
The BoG in its reasons for the action said some the financial institutions granted huge unrecoverable loans and engaged in excessive high-risk undertakings coupled with poor corporate governance in the face of low capital.
11/11/2020
The 2020 budget was reduced to N920.5 billion due to the COVID-19 pandemic that ravaged the world this year.
11/11/2020
Basa said it has provided up to R33.61 billion in financial relief to individuals and small and medium enterprises up to 24 October.
11/10/2020
The KRA must work hard to undo its nasty image if it is to drive up tax compliance.
11/09/2020
Some accounts were restricted before ruling was issued
11/09/2020
CFS Asset Management Limited has been granted operating license by the Kenyan Government to operate as a fund manager.
11/06/2020
Sanlam in talks with parent firm to delay repaying loan, again
To settle the debt, Sanlam Kenya put on market land and buildings valued at Sh900 million that it planned to sell by the end of this year.
11/06/2020
EU ‘blacklisting’ takes shine off Mauritius – report
European Commission says the island has ‘strategic deficiencies’ in its anti-money laundering and counter-terrorism financing regimes.
11/06/2020
GTBank obtains approval-in-principle from CBN to operate as financial holding company
Agbaje during the company’s earnings call as of the time of the report in March, disclosed that a holding company structure will enable the bank to keep up with the latest trends in the Nigerian financial services industry.
11/05/2020
The twin crises, COVID-19 and the climate emergency, have made it clear, even for global financial institutions, that we must seize this moment to transform
11/05/2020
Institute says public should be concerned about the vulnerability of their pensions and savings
11/04/2020
The annual three-day investment marketplace was initially scheduled for November 2020 in Johannesburg, South Africa
11/03/2020
Deadline set for firms to reveal secret investors
“The Registrar of Companies hereby notifies all Officers of Companies and authorised persons that the BO E-Register has been operationalised with effect from 13th October, 2020.”
11/03/2020
Ethiopia takes small steps towards bank liberalisation
Reformist central bank governor Yinager Dessie says country’s lenders ‘will not be closed’ forever
11/03/2020
Sanlam Insurance Uganda acquires ISO 9001-2015 certification
One of the world’s renowned quality management system standard, ISO 9001 helps businesses prove their ability to consistently provide products and services that meet customer-applicable statutory and regulatory requirements.
11/03/2020
The asset classes that gathered more allocation are FGN Bonds, Bank Placements, Corporate debt securities, and Domestic ordinary securities.
11/03/2020
Collaboration amongst authorities is increasingly becoming a crucial component to understanding approaches to fintech innovation.
11/03/2020
The consultation paper then goes on to elaborate the substance requirements as well as the risk and governance framework applicable to such an entity.
11/02/2020
Adjenim Boateng Adjei could not explain the source of his wealth - CHRAJ report
“His Euro Account at the same bank also had EU54,500.00 credited and EU37,333 debited for the same period, in addition to his UMB USD Account No. 428872 which had seen cash flow of over 110,000 USD between December 2018 and March 2019 alone.”
11/02/2020
EFF’s plan to nationalise South Africa’s Reserve Bank takes first step
The ANC has also indicated that it wants to nationalise the central bank, but the plan has been but on the back burner as government grapples to get the coronavirus-stricken economy back on track.