06/22/2020
South Africa’s financial regulator does not see the lockdown as a trigger for business interruption claims, but it does provide some good news for the beleaguered hospitality industry.
06/22/2020
South Africa’s financial regulator does not see the lockdown as a trigger for business interruption claims, but it does provide some good news for the beleaguered hospitality industry.
06/22/2020
The operation is using powers the commission gained in July 2019 to demand an explanation for how people earned their wealth - known as an unexplained wealth order.
06/21/2020
The closure of overseas bank branches is part of government''s plan to rationalise and streamline operations under the reforms agenda for the banking sector approved in 2017 under the then finance minister Arun Jaitley.
06/19/2020
Presidents have come and gone, all calling out this menace and promising to slay it.
06/19/2020
The Chinese miner will also subscribe for 26 million new shares to be issued by Cardinal at a price of A$0.46 per share for a total A$12 million.
06/19/2020
The FSC has thus confirmed that it will continue to maintain a flexible approach
06/18/2020
The report noted that the COVID-19 measures to curb the spread of the virus such as the lockdowns, border closures, and social distancing that were announced by the government disrupted economic activities.
06/18/2020
By this, accreditation the bank attains direct access to funding for the financing of climate change mitigation and adaptation projects, as well as grants for capacity building.
06/18/2020
Reports analyze integration of finance professionals in sustainable business activities
06/18/2020
In a notice on the Stock Exchange News Service, issued on Wednesday, it outlined timelines for its restructuring process, as well as a second stage – "repurposing strategy".
06/17/2020
The pandemic has weakened near-term macroeconomic prospects for Tanzania and in almost the entire sub-Saharan Africa.
06/17/2020
The CBK placed the bank under receivership in October 2015 after the board of the mid-sized lender alerted it about alleged malpractices.
06/17/2020
By joining the Nasdaq Sustainable Bond Network, socially responsible issuers are provided a unique opportunity to bring attention to their concrete actions
06/17/2020
The Order also allows persons to elect to access any of the offshore assets regularisation facilities in Liechtenstein, Nigeria, UAE, Switzerland, UK or elsewhere by paying a 2% facility access fee.
06/16/2020
This has led to layoffs, reduced cash flow for businesses and forced unpaid leaves, which have set the stage for loan defaults.
06/16/2020
Sanlam Life paid $7 million (Sh745 million) in the year under review while Sanlam Plc have extended repayment to end of 2020.
06/16/2020
It further appealed for a speedy resolution of the issue to restore calm and bring relief to the sector.
06/16/2020
As a local news outlet first reported, Postbank is convinced that its employee(s) is/are behind the breach, per an internal security audit that was obtained from a source in the bank.
06/16/2020
Policy makers have to make a very important balancing role between immediate needs of the economic crisis and how to restore confidence and build a well-capitalised banking industry that is better able to support growth in the future.