06/15/2020
For banks, there is an opportunity to leverage their mature digital-transformation journeys to emerge stronger, despite the likely margin squeezes and higher credit impairments.
06/15/2020
This funding will be supplemented by funding in the form of interest-bearing deposits placed by banks with the Corporation for Deposit Insurance
06/15/2020
The PPEs and kits will complement the national stock of essential logistics required by frontline health workers for the early detection and timely reporting of COVID-19 numbers in Ghana.
06/15/2020
So far, the Director-General noted, most of the claims filed have been acknowledged – but stressed that an acknowledgement is not a confirmation or validation of claim.
06/12/2020
The IRBA argued that Jordan became too close to former Abil CEO, Leon Kirkinis, to the point that he did not address management bias.
06/12/2020
The government has rolled out an aggressive fiscal consolidation exercise in the face of shrinking revenue due to the Coronavirus pandemic.
06/12/2020
Does digitalisation drive future-proof development for the Global South? A closer look fuels doubt about too much optimism
06/12/2020
However, some insurers, including Santam, also promise to cover their clients for notifiable infectious diseases and the cover is largely sold to the hospitality sector.
06/11/2020
Matthew Gilbert, head of Maples and Calder's British Virgin Islands team at the Maples Group's London office was recently quoted in an African Review article where he spoke about investing in Africa and the role of international finance centres.
06/11/2020
The overdraft facility, a temporary source of cash to cater for emergencies and priority payments, is usually used by the Treasury when revenue streams such as tax receipts and debt do not flow in at a pace that matches expenditure demands.
06/11/2020
The Bank’s current portfolio in Somalia totals $298 million, covering operations in agriculture, water and sanitation, transport, social and energy, and multi-sectoral projects
06/11/2020
This is why banks need to build up a strong buffer to protect against these risks.
06/11/2020
The government’s strategy to create a platform for sustainable growth in a “new normal” world is commendable.
06/11/2020
The brokerage is also licensed under the Vanuatu regulator.
06/10/2020
“By mutual agreement with the directors of Old Mutual Holdings Limited, the maturity date of the loans has been extended to 2021 as the directors make arrangements to settle the loan,” the insurer said in the report.
06/10/2020
Majority Leader Aden Duale said the budget is being prepared at a time when the economy is stressed and it ought to respond to the challenges of a crisis whose timeline is unknown.
06/10/2020
Old Mutual is UAP’s controlling shareholder with a stake of 60.5 percent and which was acquired in 2015 at a cost of Sh20 billion from a consortium of investors including businessman Chris Kirubi.
06/10/2020
The first ever condemnation of a peer by the digital lenders comes even as the Central Bank of Kenya (CBK) pursues regulations to tame the credit only start-ups following numerous complaints by Kenyans.
06/10/2020
With 200 mn accounts at a single site, Clari5 has the world’s largest implementation of a fraud management solution.
06/09/2020
The partnership allows Genghis Capital to offer its clients the ability to trade for themselves in the global space.