11/02/2020
EFF’s plan to nationalise South Africa’s Reserve Bank takes first step
The ANC has also indicated that it wants to nationalise the central bank, but the plan has been but on the back burner as government grapples to get the coronavirus-stricken economy back on track.
10/30/2020
DA implore Barclays bank to ignore bridging finance calls from SAA
Barclays have reportedly been approached by SAA for short-term financing at the behest of Public Enterprises Minister Pravin Gordhan.
10/29/2020
NBK gets relief in Sh500m debt tussle with Ecobank
The judge said NBK should pay Ecobank on account of Pesa Print Ltd, a firm it (NBK) subcontracted to supply the digital driving licences to the National Transport and Safety Authority (NTSA).
10/29/2020
Aliko Dangote,63, who has a net worth of more than $14 billion, has long expressed his ambiotion for Dangote Cement to have s secondary London listing.
10/29/2020
When a country has immense wealth – in terms of both natural resources and passionate, bright and talented people – it should do well.
10/28/2020
CMA urges State to sell shares to jump-start trading
The government owns stakes in 12 publicly listed companies, including Safaricom (35 per cent), Kenya Reinsurance (60 per cent), Kenya Airways (48.9 percent) and Kenya Power (50 per cent).
10/28/2020
The capital markets regulator further proposed a waiver of listing fees for the small businesses to protect them from incurring extra costs.
10/28/2020
S. Africa: African Bank to start retrenchment process, one-third of employees affected
The bank anticipated that 1,269 employees of the current 3,728 total will be affected, among whom approximately 25 percent will lose their jobs at the end of the consultations.
10/28/2020
The body was formed in 2016; its initial mission was to understand the role of fintech within South Africa’s financial sector and adapt the regulatory landscape.
10/28/2020
Tunisia's public finances are in a dire situation, with the government now forecasting a budget deficit of 14% of GDP in 2020, the highest in nearly four decades, largely due to a planned $4 billion increase in spending to alleviate the impact of the
10/27/2020
“Project Hope requires at least Sh12.5 billion to revamp the business into a going concern,” says NCBA Investment in the valuation report.
10/27/2020
Even though the BoU has since circulated press statements clarifying that its regulatory powers are limited to financial institution business conducted by BoU-licensed entities in or outside Uganda and that these powers do not extend to activities of fore
10/27/2020
Access Bank has also entered into a definitive agreement with GroCapital Holdings (GroCapital) to invest in Grobank Limited over two tranches.
10/26/2020
Nigeria's top police official on Saturday ordered the immediate mobilization of all officers to ``reclaim the public space from criminal elements masquerading as protesters'' after days of peaceful demonstrations over police abuses and then
10/26/2020
It added that additional external assistance may ease some of these constraints over the short term, but ultimately countries will have to consolidate their fiscal positions to put debt back on a sustainable footing without jeopardizing longer-term growth
10/25/2020
Issues by the Ministry of Financial Services and Good Governance on 25 October 2020
10/23/2020
Botswana's economy shrank by 24% in the second quarter of 2020
10/23/2020
The announcement of the central bank rate on Thursday was delayed by nearly a week with banking industry insiders claiming the central bank’s Monetary Policy Committee meeting scheduled for last week had been postponed.
10/22/2020
President Uhuru Kenyatta, who officiated the opening of the CBK Kisii branch, said its presence would also ease access to money sent from outside the country.
10/22/2020
She said this in a speech delivered on her behalf by Mr Alexander K. K. Abban, Deputy Minister of Communication at a forum with industry players on the impact of COVID-19 on the private sector.