06/03/2020
The replenishment represented a 35% increase in financing for low-income African countries at the end of the fifteenth replenishment of the African Development Fund, the concessional window of the Bank Group.
06/03/2020
As a result of the payments, commercial banks were able to retain an excess of Sh35.2 billion at the CBK vaults relative to the minimum of 4.25 percent of their total deposits as required by the authority.
06/03/2020
The only worry is that no one on the political left will admit that the state has a poor record in managing anything that involves a lot of money.
06/03/2020
FNB on Monday announced annual changes to the eBucks rules, saying those "will make it easier for customers to earn more eBucks".
06/03/2020
Though principally for mass educational purposes, the article also touches on whether there are double standards in how the EU enforces anti-money laundering and countering terrorism financing (AML/CTF) laws
06/03/2020
The banks had contended that SA's competition authorities did not have jurisdiction over their activities that took place outside of the country.
06/02/2020
The interest is paid in two equal instalments every six months, working out to $79.5 million (Sh8.5 billion) every May and November.
06/02/2020
The solution will also comply with the latest regulatory guidance.
06/02/2020
At the 94th press conference of the Monetary Policy Committee, the Governor of the Bank of Ghana (BoG), Dr Ernest Addison, said microfinance companies that met eligibility criteria agreed on would also qualify for the support from ARB Apex Bank.
06/02/2020
The shareholders also applauded the Bank for its sterling performance for the year under review and encouraged management and staff to keep up the good work even as the country steers through the pandemic.
06/02/2020
There has been rapid uptake of mobile technologies in the region with strong economic growth in the past 2 decades.
06/01/2020
Will the pension funds of South Africa be used to rebuild the economy? A leaked document seems to suggest that the ANC will set the wheels in motion.
06/01/2020
The output enables African Bank to measure overall financial crime risks and ensure their AML program is proportionate to the level of risk.
06/01/2020
The expectation of government borrowing surging at the end of the fiscal year will not happen
05/31/2020
Structural transformation is needed to create more jobs, reduce poverty and accomplish sustainable development objectives
05/31/2020
The operation will target support measures providing relief to the most vulnerable households, while safeguarding jobs and enabling businesses to quickly resume
05/31/2020
According to him, the petitioners were manipulated by a group of non-regional executive directors, not for the good governance of the African Bank, but to discredit his candidacy.
05/29/2020
The AfDB's ethics panel completely cleared Adesina after conducting its own investigation, saying the accusations "rested on no objective, solid facts."
05/29/2020
How well do SA’s two developmental finance institutions, the Industrial Development Corporation and the Development Bank of South Africa, measure up to best-practice international standards?
05/29/2020
The debt service cost of government continues to increase, the SARB said.