05/29/2020
Based on this estimated financing gap, Ecobank said only six out of 20 countries have made commitments that can cover the MSMEs labour costs, including South Africa, Egypt, Cote d’Ivoire, Gabon, Chad and Cape Verde.
05/29/2020
How you intend to transfer your cash, assets and investments is one of the most important.
05/28/2020
Micro Small and Medium Enterprises (MSMEs) are critical to the African economy as they account for almost 85% of all private sector employment
05/28/2020
In last month’s meeting, the Monetary Policy Committee made a 25-basis point cut in the base rate, to seven percent from 7.5 percent, which marked the fourth straight cut in the rate since the November 2019 meeting.
05/28/2020
Through this virtual panel discussion, leaders emphasised the need for meaningful collaboration between governments and the private sector, as a requirement for the quick recovery of the economy of the African continent post-Covid-19.
05/28/2020
Unidentified whistleblowers accused Adesina, 60, of handing contracts to acquaintances and appointing relatives to strategic positions.
05/27/2020
Restaurants, bars and retail stores are already struggling with a decline in customer demand, repayment of bank loans, rent and utility bills, amid worries of a spike in non-performing loans under the sector.
05/27/2020
Adesina didn’t immediately respond to an emailed request sent after regular business hours seeking comment, while a call to his mobile phone didn’t connect.
05/27/2020
Before the covid-19 pandemic, Mauritius was ranked the second fastest-growing wealth market, beaten only by China.
05/27/2020
Former Investec CEO says local equity markets has been closed during current crisis on account of rules that require shareholder approval to issue shares
05/26/2020
The partnership will enable trading, reconciliations, account opening, pricing, transfers, sharing of instrument data, regulatory reporting, and more for FinSwitch clients.
05/26/2020
The regulation is an attempt to unlock credit to hard hit firms and individuals impacted by the coronavirus pandemic.
05/26/2020
The intervention by the Treasury, the AfDB’s biggest non-African shareholder, comes two weeks after the ethics committee found no evidence to support allegations of favouritism by Adesina.
05/26/2020
Treasury chiefs project in the medium-term Budget Estimates that expenditure on servicing the country's rising debt will top Sh1.023 trillion in the year ending June 2022 from Sh904.7 billion next financial year starting July 2020.
05/26/2020
FinTechs seek to harness the rapid growth in technology to transform the global financial ecosystem.
05/26/2020
Mervyn King uses this illustration to explain that in recent years central banks have been able to influence the path of the economy without making large moves.
05/25/2020
About 30 firms were fined for unauthorised publications, non-disclosure of material information, failure to file their financial statements by the due date.
05/25/2020
The EU and Africa have partnered on addressing Africa's access to power for some time
05/22/2020
The Courts in all of the jurisdictions above have proactively moved towards virtual hearings to facilitate the continued conduct of Court business.
05/22/2020
World Bank expects Kenya’s economic growth to slow down to 1.5 per cent this year, and contract by one per cent in the worst case.