10/20/2020
The pandemic has put increased pressure on Tanzania’s health facilities, social protection systems and has dampened the country’s projected growth of over 6.2%
10/16/2020
Operating in China since 2000 through its representative office, the Bank of Africa is one of the first African banks to obtain approval to open a branch in Shanghai.
10/16/2020
“It is not mandatory for a foreign bank to establish a representative office in Uganda in order to conduct lending.”
10/16/2020
Although the Bank of Uganda’s statement doesn’t override the ruling, its position enhances the local bank’s chances of success at the appeals court.
10/15/2020
Though the Bank of Uganda’s position does not override the court’s ruling, it boosts chances of a successful appeal by Diamond Trust Bank (DTB), which was the subject of a commercial court ruling.
10/15/2020
Beijing says it will also waive interest-free loans due to mature by the end of 2020 for 15 African countries
10/15/2020
Bank Zero’s focus is on the use of its debit cards anywhere in the world, which is what the restricted authorised dealer licence allows.
10/15/2020
Maynier said the new health protocols and measures could block investment.
10/14/2020
This means that the SRC will assume the role of setting salaries and all benefits of the three subsidiaries that will be formed upon nationalisation of KQ.
10/14/2020
The central bank's position does not override the court's ruling but it potentially boosts chances of a successful appeal.
10/14/2020
Alozie said in line with the theme, the ‘Dream Team’, which embodies UBA’s core goals, the bank has recorded considerable milestones in its journey.
10/13/2020
South Africa Banks Gather Their Defenses to Ride Out Virus Storm
10/12/2020
Pressure from local unions such as the Manufacturers Association of Nigeria (MAN) and businesses had delayed the continent’s largest country from signing the agreement since it was launched two years ago.
10/12/2020
Moses Pelaelo, governor of the Bank of Botswana, said the current state of the economy and the outlook for both domestic and external economic activity provide scope for further easing monetary policy to support domestic economic activity.
10/12/2020
“In response, the short-term industry is currently on high alert for fraud as Covid-19 financial pressures bite,”
10/12/2020
Technical blueprint would upend taxation of US tech groups but still needs political agreement
10/12/2020
Payments of such small sums are necessary to give validity to commercial contracts where acquirers are not expected to pay a premium for the assets they are inheriting.
10/09/2020
These funds had been held up by the dispute in the Senate over the formula to be used in allocating county funds in the next five years.
10/09/2020
Diamond Trust Bank's lawyer, Kiryowa Kiwanuka, told Reuters it had filed a notice of appeal against the ruling.
10/09/2020
The National Assembly should also consider giving Helb teeth to track and recover the Sh7.7 billion debts that 78,328 beneficiaries owed as of December 31 last year.