04/26/2021
With Chinese presence in Mauritius dating back to the 1800’s, the diplomatic relationships between the two countries have actually started strengthening since 1972, culminating into China’s first free trade agreement with any African nation.
04/23/2021
The AGM was held virtually due the prevailing COVID-19 pandemic and streamed live to shareholders of the financial institution.
04/21/2021
The regulator last Friday instructed the KDIC to start the liquidation of Chase Bank’s remaining assets to salvage some money for customers who had more than Sh100,000 each in the bank.
04/21/2021
This judgment opened the door for the development of the common law by interpreting the order in a manner which did not limit the manner of payment.
04/20/2021
The Treasury normally sells the hard currency proceeds of external loans to the CBK in exchange for shillings
04/20/2021
Nigeria’s SEC has now revealed that it has been seeking to find a way around the ban, working with the banking watchdog.
04/19/2021
The IJLS plays a key role in the professional development of barristers, attorneys and notaries in Mauritius
04/19/2021
The report indicates that considering the weak status of Chase’s financial position, liquidation is the only feasible option,” said CBK.
04/19/2021
In contrast, they saw a decline in the value of equities investments by Sh10 billion to Sh218.12 billion, largely due to a fall in share prices at the Nairobi Securities Exchange (NSE).
04/16/2021
The bill also envisages a more robust project management and institutional framework through the establishment of a PPP Directorate and project implementation teams.
04/15/2021
Axed managing director, Pius Molefe and the board earlier today locked horns at the Lobatse High Court over an interim order won by the board that pushed out the veteran administrator.
04/14/2021
How much, how often and what to do if you breach the limits?
04/14/2021
The Financial Services Commission (FSC) in Mauritius issued an Anti-Money Laundering and Combatting the Financing of Terrorism Handbook 2020 (AML/CFT Handbook) in January 2020
04/13/2021
The Treasury and the taxman have in recent years been looking to claw back some of the preferential rates of tax, investment deductions, tax reliefs, zero-rating for VAT purposes, remissions of taxes and exceptions.
04/12/2021
Besides, the World Bank has sustained pressure on the federal government on the need to remove all forms of subsidy on petrol and electricity supply and to harmonise the forex rate.
04/09/2021
The commission stated that these unregistered platforms also claim to be operating in partnership with capital market operators (CMOs) registered with the Commission, warning such CMOs to desist henceforth.
04/09/2021
The loan will support the Government of South Africa in its efforts to contain the economic fallout of the pandemic and start economic recovery," the bank said in a statement.
04/09/2021
In one of the suits against Nuru Abubakar and 24 others, the court granted the request by CBN to freeze the account of the defendants in the banks for 45 days.
04/09/2021
The Guidance Note also provides welcome clarification in respect of the role of the Information Officer for private bodies that are juristic persons.
04/08/2021
Lower US interest rate expectations boost investors’ appetite for emerging markets assets such as the rand, which offer higher returns but carry more risk, Reuters reported.