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.
07/29/2020
Instead of regulating interest rates, the Digital Lenders Association (DLAK) is proposing the CBK to adopt risk-based loan pricing models.
07/28/2020
Most banks froze unsecured loans to small- and micro-sized enterprises after introduction of controls on loan charges from September 2016 to November 2019 citing “high” risk of default, forcing a reversal of the law.
07/28/2020
“Most of AfCFTA’s income gains are likely to come from measures that cut red tape and simplify customs procedures,” the World Bank`.
07/28/2020
The approval comes on the heels of a meeting of the extended Bureau of the AU Conference of Heads of State and Government with Africa’s private sector on 22 April 2020
07/28/2020
The monetary regulator will shed further light on the inflows and outflows on Thursday when the governor is expected to hold a media briefing on the MPC meeting being held tomorrow.
07/28/2020
All SA entities that have been classified as FIs under FATCA and CRS must perform due diligence procedures to identify reportable account holders.
07/28/2020
Subcustodians make cross-border securities investing possible
07/28/2020
Several senior positions are confirmed ahead of the formal creation of the $1.4tn asset management company.
07/28/2020
Ofori-Atta has played a leading role in helping to negotiate a debt standstill for African countries.
07/28/2020
Another meeting is scheduled for next week to resolve administrative issues and discuss the finer details, the people said.
07/27/2020
Reflecting on this new membership, Governor Harvesh Seegolam stated: “In line with the United Nations Sustainable Development Goals
07/27/2020
The restructured car loans make up about 6.6 percent of Stanbic’s Sh15.15 billion vehicle and asset financing loan book segment.
07/27/2020
"The proposed settlement terms being announced today are the culmination of 12 months of intensive effort," said Steinhoff's CEO, Louis du Preez, in a statement.
07/26/2020
The grant from the African Development Fund aims to mitigate the impact of COVID-19 in The Gambia, Liberia and Sierra Leone
07/26/2020
The funding will take the form of an African Development Fund loan, which the Bank is providing the under its COVID-19 Response Facility