08/09/2022
“Beyond making our position known, we will go behind the scenes and go against any policy that will destroy the digital economy sector. We will go to any extent to legitimately and legally defend its interest.”
08/09/2022
The Monetary Policy Committee (MPC) of the Bank of Tanzania has agreed on a plan to mop up excess liquidity in the country's economy in a bid to tame inflation.
08/09/2022
The MoU aims at developing financial transactions, launching initiatives and training Libyan youth to keep pace with development in the banking field.
08/08/2022
The applicable interest rate on SDF moved to 7 per cent at an asymmetric corridor of +100/-700 basis points around the 14 per cent MPR in July 2022.
08/08/2022
Talking to SABC’s Vuyo Mvoko recently, Bonakele reflected that the banks were among the worst in the world when it came to supporting the economy.
08/05/2022
The partnership is coming at a time the Bank of Ghana recently announced that GH¢61 million was lost to banking sector fraud in 2021 as compared to a loss of GH¢25 million in 2020—representing a 144percent increase in year-on-year terms.
08/05/2022
Fund supports move to control inflation by tightening liquidity
08/05/2022
IC Securities said the IMF bailout provides policy direction, but will not avert an imminent debt restructuring.
08/03/2022
The SCA found that in the interest of justice, the minister should be held liable in terms of the settlement agreements
08/02/2022
Other members of the delegation met with members on the Energy Transition Team within the Office of the Vice President.
08/02/2022
The loan is expected to contribute to developing South Africa's sustainable finance market by introducing a novel, replicable instrument to raise additional financing for affordable housing and other social causes
08/02/2022
South Africa’s savings rate climbed to 20% of gross domestic product by 2021
07/29/2022
The UAE-Kenya CEPA will be the first bilateral trade deal that the UAE seeks to sign with an African nation
07/29/2022
It is gladdening to note that the ministry has prioritised the repositioning of the NDDC to ensure they deliver on their objectives and mandate.
07/28/2022
African Development Bank adopts new Country Strategy paper for Egypt covering 2022-2026
The new strategy sets out two priority areas: strengthening Egypt’s competitiveness to support strong private sector-led growth and job creation.
07/28/2022
“The recent waiver of import duties and levies on white maize, the subsidy on retail prices of sifted maize flour, and the recent reduction in VAT on LPG will further moderate domestic prices,”
07/27/2022
The country’s biggest banks have the highest concentration of customers – holding 89% of total assets for the banking sector – and thus carry the highest risk.
07/27/2022
Large banks are “still targeted by criminals as clients use cash extensively and can use non-face-to-face methods such as automated teller machines to deposit cash, while the source of funds and details of depositors are largely unknown.”
07/27/2022
The FATF’s mutual evaluation of the country identified significant weaknesses in the country’s anti‐money‐laundering and counter financing of terrorism systems.
07/27/2022
In response to this notice in terms of Rule 23(1), the plaintiffs delivered a notice of intention to amend.