01/12/2022
On the basis of the recent removal of Mauritius from the FATF grey list achieved through firm commitment and prompt implementation of the FATF action plan, the Commission has concluded that Mauritius do not have strategic deficiencies anymore in its AML/C
01/11/2022
According to the report, a large fiscal borrowing plan and higher political risk premiums are expected ahead of the 2023 general elections.
01/11/2022
In real terms, this reflects a revenue growth of $702.14 million
01/10/2022
Bain was implicated in misconduct related to its dealings with the country’s tax agency, while the Zondo Commission raised concerns around Nedbank’s interest swaps agreement with the Airports Company South Africa, which involved Regiments Capi
01/10/2022
The South African Reserve Bank deemed TVI an unlawful scheme in 2011 and appointed attorney Johan Kruger as an inspector to investigate and take action.
01/10/2022
It also sets out the requirements and conditions necessary for the granting of final authorisation.
01/07/2022
The Republic of Cameroon also argued that this case constituted a clear abuse of right of ICSID proceedings and also contested the authenticity of a number of documents that Claimant produced during the proceedings.
01/07/2022
Netbank and Standard Bank both had separate interest rate swap contracts with Acsa, which were negotiated via Regiments.
01/05/2022
Nigerians, who otherwise would not have been able to access credit from the formal market have been able to benefit from the intervention funds.
01/04/2022
The deal is expected to expose the secret haul of hidden wealth by powerful individuals who held plum positions during the Moi-era.
01/04/2022
The amount represents a 233 per cent increase.
01/03/2022
Mohamud said assets and liabilities of each bank will be reviewed regularly to ensure the finances are healthy and that customer deposits are well covered by assets.
12/30/2021
The Act also provides that the CBK will make regulations necessary to give effect to the Act.
12/29/2021
The government announced last week that external debt grew to US$13.7 billion in September, up from roughly US$10.7 billion the previous year.
12/23/2021
This is because taxation is central to economic growth in relation to infrastructure development, service delivery and wealth creation.
12/21/2021
The Postbank started handling payments of social grants for the South African Social Security Agency (Sassa) in 2018. Nearly a year later, "serious irregularities" were found on the Sassa-branded cards the bank had issued.
12/20/2021
A top director in a Tier-II bank exclusively disclosed to THISDAY that the apex bank every week debited banks and merchant banks for not meeting the 27.5 per cent CRR threshold.
12/17/2021
These rules empower the SEC to levy, among others, fees on transactions relating to investments and securities business in Nigeria.
12/16/2021
The objective of the amendments is to strengthen the development of key sectors, such as innovation in terms of fintech and regtech.
12/16/2021
The apex bank said more than 50 per cent of the fund to be raised would come from local debt market, adding that the instrument would be mostly in naira.