03/16/2020
South Africa has another debt crisis: Sasol races to raise cash
The company has been a linchpin of the economy for half a century.
Regulation,Tax & Compliance
03/16/2020
SA is using poor people’s money to reward rich bunglers hiding behind BEE
The typical adult in the system is probably close to 50 years old and needs to save more, and then have the investment grow well above inflation to help make ends meet.
03/16/2020
Coronavirus: Remote working for financial services
It’s an unprecedented situation with a large proportion of the global workforce now working from home in an attempt to delay and contain the virus.
03/16/2020
Business travel hit harder than leisure by coronavirus - but the sector is already working on fixes
"We are advising customers to defer instead of cancelling their travel, unless there is a travel cancellation waiver or travel ban in place," De Vries sai
03/13/2020
EDITORIAL: CBK support for mergers to boost banking sector
The regulator also recently welcomed and approved the acquisition of Transnational Bank by Nigerian top lender Access Bank.
03/13/2020
Bridging Financial Literacy Gap in Nigeria
Given this year’s theme, I am Generation Equality: Realising Women’s Rights, there is the need to examine subthemes such as female financial empowerment to make progress towards achieving equality for women in today’s Nigeria.
03/13/2020
Bio-key tech used to enrol fingerprint biometrics of more than 9M customers of South African bank
They demonstrated to their clients the advantages of using fingerprint data to increase their client’s security, offer paperless transactions and make banking faster.
03/12/2020
South African regulators want to dismantle Big Four auditors after scandals
Deloitte came under fire for accounting irregularities that led to the near collapse of a South African-born global retailer and a criminal probe at a sugar producer.
03/12/2020
The Impact Of COVID-19 On African Trade
The number of cases is reportedly slowing down in China, increasing expectations that it will eventually reach a plateau and be brought under control.
03/12/2020
Regulators push harder against dominance of top four audit firms
The Independent Regulatory Board for Auditors is developing guidelines on how firms can join forces to upskill mid-tier companies
03/11/2020
Legal threats set to stymie South African unions’ Eskom plan
While the government and lobby group Business Unity South Africa have welcomed COSATU's plan, the main opposition Democratic Alliance and trade union Solidarity have threatened court action because they say it'll put workers' savings at ris
03/11/2020
Private Property and Absa Bank announce new partnership
This partnership is about getting these things done quickly and effectively
03/11/2020
Sudan: African Development Bank signs first private sector loan, DAL Group to receive up to $75 million
Blanke said the agreement was historic.
03/05/2020
Société Générale bets Madagascar’s time for mobile money has come
Secure payment systems are needed and these will help businesses to achieve scale more safely.
03/03/2020
Crypto in Africa: A coming money revolution?
Cryptocurrencies have the potential to revolutionise the financial system, but following a series of scams there is still a good deal of scepticism about them.
03/02/2020
President of the African Development Bank receives 8th African Leadership Magazine African of the Year Award
The African Leadership Magazine Persons of the Year Awards is now the most popular vote-based third-party endorsement in Africa
03/02/2020
Zimbabwe, SA now have the same growth forecast for 2020 from the IMF
The review comes as the recently reintroduced Zimbabwe dollar has lost much of its value.
03/02/2020
A global asset and family footprint requires careful estate planning
When it comes to estate planning, people seldom appreciate the complexities a global footprint brings – Fisa.
02/27/2020
Zimbabwe Lost US$3 Billion To Illicit Financial Flows And Corruption In Just A Year – ZACC Reveals
The Financial Intelligence Unit estimated that Zimbabwe lost over US$3 billion to illicit financial flows through proceeds of crimes involving tax evasion, smuggling, corruption, fraud, drug trafficking and money laundering.
02/27/2020
Is the time right for a single currency in West Africa?
Its value was originally pegged to the French franc which was subsumed into the Euro after France became a member of the Eurozone, a group of European countries belonging to a monetary union.