07/20/2021
The experiment used a blockchain-based wholesale central bank digital currency to carry out wire transfers between commercial banks in each country instead of using SWIFT.
07/20/2021
Mauritius was an early adopter.
07/19/2021
In addition, companies, particularly those issuing asset-backed securities will have to undergo credit rating for their risk positions to be well captured.
07/16/2021
He has been accused of taking part in the unrest in South Africa
07/14/2021
A bank is only as strong as the community it serves, and this founding philosophy has not only helped it to provide support and aid during the global health crisis, but forms part of Zenith Bank’s continuing commitment to help govern sustainability
07/13/2021
The provincial head of FNB Public Sector Banking Anrie Spangenberg said it is costly to transport cash.
07/13/2021
The First Deputy Governor of the Bank of Ghana, Dr Maxwell Opoku-Afari, has revealed that the central bank will begin a pilot of the digital cedi in a sandbox environment in September 2021.
07/12/2021
South Africa’s unemployment rate stood at a record 32.6% in the first quarter of 2021, the third-highest of 82 countries tracked by Bloomberg.
07/11/2021
These Rules are a welcome move that will help to grow South Africa's reputed position as an international arbitration seat.
07/10/2021
Government introduces key measures to make the region attractive to foreign investment
07/09/2021
The regulator stressed that Momentum Wealth and MCI had not themselves been found guilty of facilitating transactions involving money laundering or terrorist financing.
07/09/2021
The TRAC software will be implemented on a Cloud infrastructure, with the aim of going-live with the system before the end of the year.
07/09/2021
The International Monetary Fund (IMF) and the World Bank recently issued Islamic banking prudential regulations and supervision to its members.
07/09/2021
Integrated Energy Distribution and Marketing Company Ltd and Polaris Bank are the first and second respondents in the suit numbered FHC/L/CS/714/21.
07/08/2021
This, she said, would enable end users have access to relevant technology tools that would help them meet their own financial needs.
07/08/2021
Thirty percent of the funds, which are intended to mitigate effects of the challenging Covid-19 environment, are earmarked for underserved women-empowered businesses.
07/07/2021
ICA CEO Ryan Woolley said his firm had positive interactions with Hollard South Africa, Old Mutual Insure and some smaller insurers such as Factory & Industrial.
07/07/2021
There is a long way to go in boosting financial intermediation when we consider the scale of the unbanked informal economy.
07/06/2021
Emefiele urged the government and the private sector to provide more support in addressing the challenges of SMEs in the country.
07/02/2021
It is unknown yet how much information was exposed to cybercriminals following the recent data breach