10/02/2019
Under the terms of the agreement, Union Bank will receive a 10-year term loan of up to $200m from OPIC for investments in digitisation, on-lending to the Small and Medium Enterprises and funding for women-led businesses.
10/02/2019
On 26 September we were delighted to welcome members of the France-Mauritius Chamber of Commerce and Industry (CCIFM) to our Mauritius office as we hosted a panel discussion on the theme: “Finance Act 2019: impact on investors and entrepreneurs&
10/02/2019
About 3,403 applicants took advantage of the three-year amnesty window to repatriate the billions tax-free in a period when they were not required to declare the source of their wealth or even account for previous years’ tax arrears.
10/02/2019
The Bank of Ghana recently completed banking reforms which led to the transition and collapse of seven commercial banks for a variety of reasons.
10/02/2019
Kapembe further demanded that the payment to former employees be made known through the media in order to prevent further confusion among the beneficiaries.
10/01/2019
Despite being the largest fund, LIA is not without its complications.
10/01/2019
The directive comes after some lenders failed to meet an earlier deadline to ramp up lending
09/30/2019
They will issue sanctions against individuals and entities whose liability is established following a written and adversarial process.”
09/30/2019
Along with several betting companies, SportPesa had its licence suspended in Kenya after the government claimed online betting outfits weren’t doing enough to curb the rise of gambling addiction among young people and also not paying enough tax.
09/30/2019
Kenya’s trade readiness score is particularly high, due to infrastructure and ease of doing business improvements that far surpass most other African nations in our index.
09/30/2019
The seven-day the TAD being used by the CBK for the mop-up stood at 8.98 percent on Friday, just shy of the nine percent maximum allowed (the prevailing Central Bank Rate)
09/30/2019
The minister said that government cannot account for the business conducted by foreign nationals in the country, as their money is not necessarily banks in SA's banking systems.
09/30/2019
The South African Society of Bank Officials (SASBO) says it'll scrutinise the offers put on the table by Capitec Bank, when it signs contracts with new staff.
09/30/2019
Data from Kenya Revenue Authority (KRA) shows that tax handouts, which stood at Sh220.8 billion 10 years ago
09/29/2019
Overseas currencies aren’t allowed for payments of goods and services or fees and commissions.
09/27/2019
Cargo trucks face long delays at Kenya, Tanzania border
09/27/2019
The 10-year bond priced at a coupon rate and re-offer yield of 4.85 per cent which represents a spread of 313 basis points above the 10-year US Treasury benchmark bond.
09/27/2019
Sanlam seeks to rationalize staff within its life and general insurance business to cover 193 employees whose average age currently picks at 35.
09/27/2019
Fear of uncertainty can make people hoard cash, or make bankers hesitant to lend and borrowers afraid to take credit.
09/27/2019
CMA has said Interweb Global Fortune has been operating as a pyramid or ponzi scheme, where investors are promised high returns or dividends which are not realistically available