12/11/2019
The steady decline in the reserves, coupled with measures introduced by the apex bank in the last few months, which are deliberately aimed at attracting capital inflows, have heightened speculation that a devaluation of the naira is imminent.
12/11/2019
South Africa has limitations on how much money individuals and companies can send outside the country.
12/10/2019
This is the second line of credit to be extended by EIB to TDB, the first one having been signed in 2014 for €80 million.
12/10/2019
EOH said on Friday that it has started reaching out to the shareholders who voted against the resolutions.
12/06/2019
According to the report, Both BoI and AfDB share a similar focus on promoting industrialization and economic growth by providing financial and funding support to entrepreneurs.
12/06/2019
A typical ploy is to send an email or other communication that appears to come from a bank or other trustworthy source requesting personal information such as identity documents, driver’s licences, passports, payslips, addresses and contact details.
12/06/2019
Around a third are held by foreigners, it said, many of which are carry traders enticed by yields of about 13%.
12/06/2019
The debt represents infrastructure loans from 10 years ago that should have been long repaid by the previous administration.
12/06/2019
The Bill, which was presented to the President for signing by National Assembly Speaker Justin Muturi, was passed by Parliament yesterday.
12/06/2019
It will no doubt have implications as regulators seek to have KYC information shared globally.
12/06/2019
Therefore the transaction between the Pension Fund and Cable and Wireless is on hold, whilst the law is passed and approved so that the legal process is done.
12/06/2019
The South African Banking Sentiment Index 2019 published by BrandsEye in November analysed social media mentions for the five major banks, Absa, Capitec, FNB, Nedbank and Standard Bank, and found worsening sentiment due to branch closures and high charges
12/06/2019
Bitcoin and any of its altcoin relatives would also be subject to this statute.
12/05/2019
Companies that are in the process of being rehabilitated are protected from liquidation and legal proceedings, enabling them to keep trading.
12/05/2019
Profit margins for equity-trading companies that offer research have been squeezed in South Africa and other markets by the cost of MIFid II regulations, as well as a shift toward passive investing and a fall in trading volumes.
12/05/2019
They also resolved to find ways to ensure that state governments comply with the provisions of the Pension Reform Act (PRA), as many of them are non-compliant.
12/05/2019
A number of these banks had already been found to be insolvent, going as far back as 2015
12/05/2019
The African Agenda 2063 aspires in implementing vast projects
12/05/2019
Widely considered South Africa’s least adaptable major bank and the most unappealing to investors, Absa Bank has at times struggled to keep up with market fluctuations.
12/05/2019
It has to do with the need to also support the initiative of the CBN such that funds will be available for the domestic SMEs.