11/18/2019
The statement further said the bank was also aware of the incidences where these currencies are being marketed and traded with a perception of making them appear as if they were a legal tender in the country.
11/17/2019
Regulators may need to consider changing from supervising entities to supervising activities
11/17/2019
Ecobank’s collaboration with Terra Kulture, was one of the many partnerships, which is hoped to boost contribution of the creative industry in Nigeria to economic growth.
11/17/2019
The aim of the new law is to improve financial sector conduct and ensure fairer outcomes, particularly for customers.
11/14/2019
Treasury wants to increase spending to 3.13 trillion shillings in the fiscal year 2019/20.
11/14/2019
“This is the next evolution of where we are going,” said Hayden Reinders, the chairman of the Association for Savings and Investments South Africa’s hedge funds standing committee. “We want to create awareness that a hedge fund is
11/14/2019
South African Rand is the most traded currency in Africa in terms of daily volume
11/14/2019
The kinds of behaviour it will reward include the use of cards rather than cash, responsible borrowing and saving.
11/13/2019
The Principles aim to create a financial sector that serves people and the planet while delivering positive impacts and improving people’s quality of life
11/13/2019
One Zimbabwean dollar is currently worth around six US cents.
11/13/2019
Declared reserves and equity funds form the core capital for banks.
11/12/2019
Some of the sector players, were in disagreement arguing the move would see customers incur a higher tax burden that would wipe out their winnings as well as eat into the amount they had put in the bet.
11/12/2019
For this reason, they say that the NCCI is in talks with banks and other financial lenders to ensure that members of the chamber and SMEs receive these credits lenders seamlessly and in good time.
11/12/2019
The company, which has been operating in Uganda for close 92 years, reiterated its commitment to the country’s growth and economic development under the Absa brand.
11/12/2019
Unlike most central banks in the world, the South African Reserve Bank (SARB) is privately owned.
11/12/2019
The two entities have different competencies and propositions. We will go bank to the regulator about the model. Closing the brand comes with downsides because it is not automatic all customers will remain
11/12/2019
Agreements for intended financing signed at African Investment Forum
11/12/2019
Following the mass license revocation, SEC published a list of the outstanding fund management companies on its website.
11/11/2019
Russia is no stranger to Africa.
11/11/2019
How they maneuverer to sustain growth while minimising fiscal risk will largely determine whether they all get home in one piece.