07/31/2020
Kenya’s remittances recovered sharply in June to Sh31 billion ($288 million) -- the second highest inflow in a single month-- after the sharp dip in April as coronavirus continued to hit the world economy.
07/31/2020
He also believed that his record would ensure his smooth re-election as president of the AfDB.
07/31/2020
The AIIB membership provides powerful guarantees of governments' policy directions
07/31/2020
The former central bank governor has advocated pro-business reforms that have met opposition from some factions within the ruling party and its communist and labor union allies, which seek more government control over the economy.
07/31/2020
Access Bank, with its headquarters in Lagos, is one of the leading full service commercial banks operating through a network of 600 branches and service outlets in three continents.
07/31/2020
The Reserve Bank has been adamant that its buying of government debt in the secondary market since March is aimed at reducing market dysfunction, and is not quantitative easing.
07/30/2020
It highlights the financial struggles of many workers who had borrowed loans on the strength of their pay slips only to later suffer pay cuts, unpaid leave or even layoffs in certain cases.
07/30/2020
The Bank of Ghana in September 2017 raised the minimum capital reserve requirement from GHS 120 million to GHS 400 million for all universal banks in Ghana.
07/30/2020
They have eased capital reserve requirements, many of which were introduced in the aftermath of the 2008 global economic crash.
07/30/2020
Formby says finance minister needs more government support
07/30/2020
“This is supported by lower food prices, the impact of the reduction of VAT and muted demand pressures,” Njoroge said.
07/30/2020
Over the last few months, the number of reported fraud cases has spiked considerably.
07/30/2020
Group makes ‘settlement’ offer in the wake of financial regulators reaching a landmark agreement with insurers to assist virus-hit small businesses
07/30/2020
Authorities said the investigations had failed to find direct evidence of involvement by the companies themselves in the trading of their shares, but that they would remain suspended.
07/29/2020
Mr Badi said they will use the Professor PLO Lumumba-led committee’s audit report on pending bills to determine genuine claims and make payments with other large amounts left to the county government to settle.
07/29/2020
It is these funds that the government is now targeting in the new sales announced Tuesday, pointing to efforts to frontload on domestic debt early in the fiscal year, taking advantage of the high liquidity in the market and relatively low interest rates.
07/29/2020
Many African nations are not borrowing as much as those in developed markets, but are charged at much higher rates for debt due to demand for higher risk premiums from international investors.
07/29/2020
The bank has begun to finance projects on the African continent with AIIB's president and board of directors having approved up to 600 million U.S. dollars in financing for three projects in Egypt so far.
07/29/2020
But private creditors that hold commercial debt have not been willing to participate in debt relief.
07/29/2020
What many people don’t realise is that a financial adviser is to a client what a coach is to an athlete.