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.
10/09/2020
President Cyril Ramaphosa has in recent weeks waxed lyrical about a plan to revive the country’s broken economy.
10/08/2020
According to its report, which focuses on extra-continental African exports in eight select commodity groups such as gold and platinum
10/08/2020
The lender’s baseline scenario assumes that the number of new infections will continue to slow and that fresh outbreaks won’t result in new lockdowns.
10/07/2020
Chief executive Johnson Oltetia did not disclose the portfolios submitted by individual lenders.
10/07/2020
Mr Kobia argued it was illegal for banks to impose rules that make cash withdrawals difficult and which breach the confidentiality of financial transactions.
10/07/2020
Also, in recent times, the various forms of advanced technologies adopted by financial institutions have made the banking sector more susceptible to various risks such as phishing, identity theft, card skimming, fishing, email fraud and more sophisticated
10/07/2020
In 2018, the Bank was recognized as “Second most impressive social or sustainability bond issuer” at the Global Capital Socially Responsible Investments Awards.
10/07/2020
Offshore policy wrappers offer some real solutions to some of the potential issues with investing offshore.
10/06/2020
A new cheque standard has been approved by the Central Bank of Nigeria.
10/05/2020
The affected depositors are to present their cheque books, passbooks, and other proofs of account ownership, together with a valid means of identification on alternate account.
10/05/2020
On lending to states by DMBs, the communique read in part, “No commercial bank should lend money to states without approval from the FRC, in line with the provisions of the FRA.”
10/05/2020
The regulator also identified situations in which auditors failed to identify parties to transactions, lacked adequate documentation to show “economic substance of underlying transactions” and did not maintain ”professional skepticism,&a
10/05/2020
SEC’s approval-in-principle has been described as a ground-breaking development which opens up the financial markets to possibilities of permissible products.