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.
05/22/2020
Wainwright said even without Covid-19, the group's profits from continuing operations would have been down 10% because of the recessionary impact in SA and Brexit uncertainty in the UK.
05/22/2020
BOAD selected Wolters Kluwer as its integrated approach to risk management was consistent with its needs and enables balance sheet modeling, stress tests, dynamic financial planning and offers advanced reporting capabilities in more than all the indicator
05/22/2020
As part of its ongoing efforts to constantly innovate, the big-four bank has rolled out an in-house-developed AI technology to monitor regulatory and financial risks, including tax evasion, money laundering, fraud and insider trading.
05/21/2020
The new CIBN leadership would oversee affairs of the institute for the next two years.
05/21/2020
In April, Gerhard van Deventer, head of enforcement at the FSCA, told Moneyweb that Ecsponent was under investigation for marketing high-risk preference shares to pensioners.
05/21/2020
He explained further that there are regulations from Central Bank of Nigeria
05/20/2020
Development bank aims to boost Japan’s competitiveness, connectivity with Africa
05/20/2020
The shortfall has been caused by reduced tax collection from workers and businesses.
05/19/2020
The EU’s revised list for high risk countries considered developments that have taken place at the international level since 2018.
05/19/2020
Relevant documents may now be provided to the Financial Reporting Council in an electronic form as part of a review of the practice of an auditor.
05/19/2020
The effect of these amendments is that companies are given more time to pay debts exceeding MUR250 000 and creditors cannot put a company in liquidation for sums of less than MUR250 000.
05/19/2020
“Foreign exchange reserves are projected to close the year at about five months of import cover.”