10/27/2021
Appleby Mauritius in a concerted effort with the various regulators which included amongst others the Attorney General’s Office, The Financial Intelligence Unit, the Financial Services Commission and the Bank of Mauritius actively participated in fu
10/27/2021
A central bank spokesman did not immediately respond to a request for comment. In February, the central bank barred financial institutions from dealing in or facilitating transactions in cryptocurrencies.
10/26/2021
Efforts by member states to strengthen domestic macroeconomic frameworks reduce the inordinate bureaucratic delays that severely constrain trade must be encouraged.
10/26/2021
All investments will uphold the highest standards of impact and environmental, social and governance (ESG) work.
10/25/2021
While acknowledging that Shiftly is not a client of the bank, de Villiers however suggests it is curious that Standard Bank — which once rejected his company’s attempt to open an account — maintains a business relationship with its rival
10/25/2021
The Covid-19 pandemic exposed serious gaps in African national health systems and overwhelmed capacity to test for and treat the disease.
10/25/2021
Central banks around the world, most notably in China, the United States and the United Kingdom, are actively considering whether to adopt or create their own CBDC.
10/22/2021
Under Mnangagwa’s reign, the businessman came to dominate Zimbabwe’s fuel, platinum, and gold sectors.
10/22/2021
The Mauritius International Financial Centre remains a competitive and attractive jurisdiction and a domicile of choice for structuring investments in Africa and Asia.
10/22/2021
The Swiss lender helped to arrange nearly $1bln in bonds plus a syndicated loan between 2013 to 2016
10/22/2021
The Income Tax Act, 58 of 1962 (Income Tax Act), sets out rigid requirements that must be met before employees can claim a tax deduction for home office expenses, and there will be no relaxation of these tax rules because of COVID-19.
10/21/2021
Cum-ex is in the jargon of investment banking, a complex type of trading "strategy".
10/20/2021
Open APIs do not involve the sharing of login credentials and are widely considered a more secure way of giving third-party providers access to customers’ financial information to enable the provision of enhanced services than screen scraping.
10/20/2021
Overall FINMA concludes that the Group’s risk management in connection with the Mozambique loans was seriously deficient.
10/20/2021
Credit Suisse has also agreed with the FCA to forgive US$200 million of debt owed by the Republic of Mozambique as a result of these tainted loans.
10/19/2021
The Bank Zero App caters for most South African businesses with turnovers from small to in the billions.
10/18/2021
Monetary policy is very significant because it determines the growth of liquidity or money supply in the economy and its relation to the growth of production.
10/18/2021
Godongwana said rather than recount the problems South Africa faces, it was important to put "recovery and reconstruction" front of mind on the agenda.
10/15/2021
Analysing the provision in Tax Alert published on its website, PwC stated that the 50 per cent requirement to be paid of a yet to be determined tax liability inhibits the right to fair hearing and justice in addition to conflicting with an enabling law.
10/15/2021
NII is a key driver of revenue, accounting for between 45% and 60% of lenders' total income.