04/16/2020
Under the new regulation, even the unregulated funds whose investment manager is appropriately regulated and registered as a Category-I FPIs can operate from India if their investment managers take the responsibility for all commissions or omissions of su
04/16/2020
These unprecedented times require every segment of the society to contribute their quota to support government’s efforts towards mitigating the impact of the Coronavirus”.
04/16/2020
It is important to note that despite the significant drop, the import cover (as at April 9th 2020) s8ll remained above CBK’s statutory requirement of at least 4 months of import cover.
04/16/2020
The National Treasury will have to re-prioritise state funds in the coming weeks, we believe, to include more funding directed at social welfare grants, and will likely increase local bond issuance by even more than our previously projected 35–40%.&
04/16/2020
There are signs of a global economic decline prompting financial bailout packages.
04/16/2020
Through its Empower Invest fund, EmNEW invests in small and medium-scale renewable energy projects in Africa
04/15/2020
Mauritius based funds eligible for registration as Category I Foreign Portfolio Investor (FPI) with Securities and Exchange Board of India (SEBI)
04/15/2020
Sanlam Kenya Group Chief Executive Officer Dr Patrick Tumbo, said the firms are highly conscious of the fact that the prevailing situation is totally unprecedented and that the country has found itself needing to deal with a large-scale health and social
04/15/2020
That’s worse than the Fund’s forecast for the world economy, which is expected to contract by 3% this year.
04/15/2020
According to the CCM, the Act also does not prevent suppliers from setting maximum prices for their products with a view to limit unjustified price increases at retail level.
04/15/2020
The Covid-19 shock will squeeze fiscal space in the continent, as deficits are estimated to widen by 3.5 to 4.9 percentage points, increasing Africa’s financing gap by an additional $110 to $154 billion in 2020.
04/14/2020
This initiative further strengthens the investment flow into India from Mauritius as a preferred route for investors with its robust and credible International Finance Centre.
04/14/2020
The CBK will face a fresh test when it holds its monetary policy meeting at the end of this month as the economy continues to be battered by the Covid-19 pandemic.
04/14/2020
Initiatives focusing on pharmaceuticals and healthcare and other value-added sectors such as agriculture and textiles to take precedence
04/14/2020
The attack on the shilling by a highly contagious viral disease has blighted major financial markets and plunged the global economy into a recession
04/13/2020
CBK had given banks up to Monday this week to provide the succession plan as part of contingency measures that would ensure banks operate at near normal levels amid the spread of coronavirus.
04/13/2020
Africa is in the path of a fast-approaching storm with indications pointing to the pandemic hanging over the continent in slow devastation not dissimilar to the way Hurricane Dorian ravaged Abaco Island in the Bahamas last year.
04/13/2020
SAFTU called their gesture a ‘guilt feeling pressure’ stating they were earning an absurdly high salary, while workers are taking home a typically and unjust proportion of income.
04/13/2020
ll banks should provide at all entry and exit points hand sanitiser that has at least 60% alcohol.
04/13/2020
They unrelentingly ensure citizens are cared for and that the hospitals are up and running despite the high risk to their individual health – we appreciate you.