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
09/26/2019
“The treasury is setting fiscal deficits each financial year and if this continues to happen, we shall have a scope of monetary accommodation,” said Mr. Njoroge.
09/26/2019
Lawmakers voted by acclamation to reject the Finance Ministry’s request on the caps contained in the 2019/20 budget
09/26/2019
There had been concerns in some circles that the central bank was processing fresh applications for banking licences two years after the financial sector clean-up.
09/26/2019
To continue accessing the Google App store platform, the multinational has asked apps for personal loans to disclose maximum Annual Percentage Rate (APR), which generally includes interest rate plus fees and other costs for a year, or similar other rate c
09/26/2019
Labor court ruling may affect nationwide strike on Oct. 7
09/25/2019
The regulator gave three months to the sanctioned banks to implement various anti-money laundering measures, which include taking disciplinary action against all staff members “who were involved in opening implicated deposit accounts contrary to KYC
09/25/2019
Old Mutual has prevented him from resuming his duties despite the initial court order, in a move that has created a protracted legal and corporate impasse.
09/25/2019
The meeting, convened by the African Development and the United Nations, is "the first of its kind" between the two institutions taking place at the UN Headquarters, UN Deputy Secretary General Amina Mohammed said.
09/25/2019
The planned strike on Friday against job losses is being organised by South African Society of Bank Officials, which boasts of having 50 000 members.
09/25/2019
Moyo at the end of July successfully challenged the insurer’s decision to dismiss him, and has also filed an application to hold the company and its directors in contempt of court.
09/25/2019
With $500m worth of sukuks issued in Africa over the past year, Moody’s points out that the continent accounts for only 0.5% of the world’s sukuks in circulation