10/17/2019
The BoG also revoked the licences of two non-bank financial institutions, Express Funds International and Ghana Leasing, which have been insolvent and inactive for a number of years.
10/16/2019
Whereas the regulations open the way for the emergence of mobile money products that are not dissimilar to those provided in other markets, there are a number of anomalies that increase the costs and reduce the attractiveness of the proposed model.
10/16/2019
“It buys nothing,” the 62 year-old says of the pension as he stands under a purple blossomed jacaranda tree wearing a faded England track suit.
10/16/2019
As at the end of the 2018/19 fiscal year in June, the total public debt as a percentage of the gross domestic product (GDP) was 55.2 percent with the gross amount at Sh5.8 trillion.
10/16/2019
It provides all stakeholders with the operational procedures for end-to-end electronic payments and collections in Nigeria.
10/16/2019
Responding to MPs who questioned the PIC about its loans to companies like Sekunjalo and allegations the fund had paid an inflated fee per share for a major stake in the Sekunjalo-owned AYO Technology, Dlamini assured the parliamentarians that the PIC was
10/16/2019
All but one of the 55 countries recognized by the African Union have signed on to the organization’s initiative to liberalize intra-African trade in goods and services.
10/16/2019
Warns frequent changes will harm the sector.
10/15/2019
But even in cases where agencies have a greater public good to serve, the procedure is such that a court order is required to obtain details of bank accounts without the holders’ consent.
10/15/2019
During the government probe witnesses alleged that questionable investment decisions were made and politicians attempted to influence others.
10/13/2019
The possibility of Kenya sliding into distress is classified as ‘moderate’ having risen from ‘low’ in recent years, driven by the government’s rapid uptake of loans
10/13/2019
The sanctions immediately freeze any assets the blacklisted individuals have under US jurisdiction and forbid Americans and US businesses -- particularly international banks with any US operations—from transactions with them.
10/11/2019
The Portuguese Government has allocated Euro 400 million in guarantees and other risk sharing mechanisms in the 2019 national budget to support the implementation of the Compact
10/11/2019
Bank of Botswana figures released this week show that the record profits in the first seven months of the year were powered by higher net interest income of P2.5 billion compared to P2.2 billion for the corresponding period last year.
10/11/2019
The Group has a presence in 12 African countries, Botswana, Ghana, Kenya, Mauritius, Uganda, Seychelles, South Africa (Absa Bank), Tanzania (Barclays Bank)
10/11/2019
As at June last year, a total US$4 billion Treasury Bills were taken by the country’s 17 financial institutions with half the amount maturing this year, but a significant amount has since been rolled over to maturities of between 3 and 6 years to co
10/11/2019
GPIF is Japan's largest public fund investor and the largest pool of retirement savings in the world.
10/10/2019
The papers were filed in response to an earlier ruling that Moyo could introduce further evidence in his contempt of court application against the firm and its directors for not allowing his to resume his duties.
10/10/2019
Growth is seen reaching 1.3% in 2021, 0.5 percentage point lower than the April estimate.
10/10/2019
The Bank of the Republic of Burundi (BRB) does not have enough foreign currency to satisfy the market despite imposing tough measures on private forex bureaus.