03/17/2021
Masondo said it will also be a requirement for financial institutions, such as banks, to have transformation plans that demonstrate their compliance with existing Black Economic Empowerment legislation.
03/16/2021
This will mean investors willing to buy the Kenyan bond in the international will demand risk premium to cushion against country’s risk of default.
03/15/2021
Dentons launches combination with East African Law Chambers in Tanzania
In 2020, Dentons accounted for 85% of all cross-border law firm combinations and is now the second best-known law firm in the world according to Acritas
03/12/2021
NBK gets nod to auction TSS land over Sh3.7bn loan
High Court put a freeze to the sale in April 2017 following a petition from the late Mombasa tycoon’s so.
03/12/2021
Treasury raises Sh48bn from bond sale in borrowing target race
The bulk of the funds raised in the bond will be going towards the new borrowing column at the exchequer, with no maturities on the bonds register this month.
03/12/2021
Nigeria’s rising debt servicing, an economic threat – SEC
Moving towards improved sustainability may require future debt tied to revenue-generating projects.
03/11/2021
Kenya ranked among major money laundering hotbeds across the world
Kenya ranked among major money laundering jurisdictions across the globe
03/11/2021
BMA’s experience in the local banking technology sector through previous blockchain-based projects with Rand Merchant Bank
03/10/2021
The money included investments from municipalities, government departments, stokvels and ordinary South African depositors.
03/09/2021
While these regulatory requirements may appear burdensome to companies, they exist for the protection of investors who rely on accurate and timely information to make an informed judgment and for the proper governance of the companies.
03/09/2021
The grants, for $1 million and $300,000 respectively, will be disbursed through the Africa Digital Financial Inclusion Facility
03/09/2021
SA authorities “have been incredibly slow in terms of regulation in the industry and that leads to businesses looking internationally,” Revix CEO Sean Sanders said.
03/08/2021
Tax compliance, proper professional planning and the appropriate use of annual allowances are key to navigate any aggressive changes in tax legislation that may be necessary sooner rather than later,
03/08/2021
The committee said the State Department for Infrastructure ha Sh75 billion in accumulated pending bills as at December 2020.
03/05/2021
An investment scheme involving tycoon Jean-Claude Bastos de Morais exposed in ICIJ’s Paradise Papers investigation bore “obvious” risks of possible corruption, a Jersey court finds.
03/05/2021
Only 35 per cent of our customers have exercised that option,” Dr Mwangi said on Wednesday.
03/05/2021
The Constitution allows counties to borrow from the capital markets and foreign sources once cleared by the National Treasury.
03/05/2021
The Angolan billionaire’s company had “no intention” to carry out economic activity in Malta, the island nation’s authorities said.
03/04/2021
KCB Group inherited the loan from Equity Bank in September 2014 and offered City Hall a grace period of six months before it could start servicing the debt over eight years.
03/04/2021
The renewal of the mandate cements Standard Bank’s position as Africa’s largest provider of custody and related services.