04/15/2020
The Covid-19 shock will squeeze fiscal space in the continent, as deficits are estimated to widen by 3.5 to 4.9 percentage points, increasing Africa’s financing gap by an additional $110 to $154 billion in 2020.
04/14/2020
This initiative further strengthens the investment flow into India from Mauritius as a preferred route for investors with its robust and credible International Finance Centre.
04/14/2020
The CBK will face a fresh test when it holds its monetary policy meeting at the end of this month as the economy continues to be battered by the Covid-19 pandemic.
04/14/2020
Initiatives focusing on pharmaceuticals and healthcare and other value-added sectors such as agriculture and textiles to take precedence
04/14/2020
The attack on the shilling by a highly contagious viral disease has blighted major financial markets and plunged the global economy into a recession
04/13/2020
CBK had given banks up to Monday this week to provide the succession plan as part of contingency measures that would ensure banks operate at near normal levels amid the spread of coronavirus.
04/13/2020
Africa is in the path of a fast-approaching storm with indications pointing to the pandemic hanging over the continent in slow devastation not dissimilar to the way Hurricane Dorian ravaged Abaco Island in the Bahamas last year.
04/13/2020
SAFTU called their gesture a ‘guilt feeling pressure’ stating they were earning an absurdly high salary, while workers are taking home a typically and unjust proportion of income.
04/13/2020
ll banks should provide at all entry and exit points hand sanitiser that has at least 60% alcohol.
04/13/2020
They unrelentingly ensure citizens are cared for and that the hospitals are up and running despite the high risk to their individual health – we appreciate you.
04/13/2020
The money will go into the Solidarity Response Fund that has been set up to fight the coronavirus pandemic.
04/13/2020
The four-part webinar series starts on April 15 and will feature panel discussions led by the Harvard faculty, in conversation with leading African business leaders including:
04/12/2020
Absa Kenya is required to... reverse the market positions that were created as a result of the flagged transactions.”
04/09/2020
The regulations give effect to Section 12(1) (ka) of the Capital Markets Act on regulation of commodity exchanges.
04/09/2020
Cardano have previously made inroads into the African continent through educational partnerships and the Foundation believe this association with SANBA will provide a “…renewed focus on Africa [and] represents a step towards building economic
04/08/2020
It is thus proposed that the CFC legislation be amended to limit the dividend exemption available to a resident individual or trust relating to the accrual or receipt of dividends from a resident company to a CFC.
04/08/2020
The new amendment will hopefully see parties embrace technology and conclude contracts virtually, making it more efficient to carry on business.
04/08/2020
All penalties or interests will be waived in the following cases:
04/08/2020
Trading and settlement activities on SEM and CDS will, therefore, resume on Monday, 6 April 2020
04/08/2020
Investec said it will consider the Prudential Authority's advice.