07/02/2020

Ready, set, protect! Is your workplace ready for POPIA?

Employers must also be aware that employees have the right to submit a complaint to the Information Regulator and to institute civil proceedings in respect of an alleged interference with the protection of their personal information.

07/02/2020

Equity bank halts expansion plans

“Our expansion is in two ways; horizontal and vertical. We have opted for vertical expansion where you deepen and then scale up your market share in the countries you are operating in,” Mr Mwangi told The EastAfrican.

06/30/2020

House rejects banks’ attempt to cut taxation

The institutions said the amendment would align the computation of bad debts provisions for tax purposes to those of the CBK, which would effectively reduce the challenge of tracking every transaction.

06/30/2020

Equity applies brakes on expansion after Mara flop

Equity Bank’s plan to acquire 100 per cent shareholding in BancABC of Zambia, Mozambique and Tanzania including 62 per cent of the shares of Banque Populaire du Rwanda Ltd fell through last week after 16 months of negotiations with Atlas Mara Ltd (A

06/29/2020

Six financial ombuds offices are lost in limbo

The Financial Sector Regulation Act was introduced to the National Assembly way back in October 2015 and in part establishes a new ombud structure as a national public entity for the purposes of the Public Finance Management Act.

06/26/2020

Standard Bank heading for another action-packed AGM

NGO shareholder activist Just Share has led the charge with a call to shareholders of the biggest bank in South Africa to vote against the re-election of five “climate-conflicted” directors.