04/18/2019
“Political uncertainty is a crucial factor, especially in emerging markets, where HNWIs ( high net-worth individuals) are often based in jurisdictions where there is a large disparity in wealth,” he said.
04/18/2019
The projects are supposed to be implemented within six months and also finance upstream work of project design, including feasibility studies, business plans, product and process certification, market analysis, as well as aid them to conduct environmental
04/17/2019
The report found that Absa had to pay back R1.25bn in the co-called Bankorp bailout matter.
04/17/2019
But included in the remedial action was also an order that the Constitution be changed to alter the Reserve Bank’s mandate — with the Public Protector even providing the text for the updated section.
04/17/2019
IZP Group’s Globebill Technology Co. was among third-party payment companies fined by China’s foreign-exchange regulator for violating rules on cross-border payments, Beijing-based Caixin Global reported in February.
04/17/2019
It is now struggling with critical capital and liquidity deficiencies, even as it seeks capital injections from its shareholders and an unnamed strategic investor.
04/16/2019
Under the Anti-money Laundering and Counter Financing of Terrorism (AML/CFT) law, the reporting of cash transactions is a key control in the detection and prevention of money laundering
04/16/2019
AfDB said this will be done with a regime of reduced tariffs and non-tariff barriers to cut the cost of doing business on the continent.
04/16/2019
The document, sent on March 31 by Fahmy to a FIFA body that investigates alleged ethics breaches and seen by Reuters, accuses Ahmad of ordering his secretary-general to pay $20,000 bribes into accounts of African soccer association presidents.
04/15/2019
In the latest auction investors asked to be paid an interest rate of 12.346 percent for the 10-year paper but the Treasury accepted 12.3 percent.
04/12/2019
It’s a life (or guaranteed) annuity inside a living annuity.
04/12/2019
Zimbabwe is also facing the challenge of responding to drought and the devastation from Cyclone Idai, Leon said.
04/12/2019
According to the maket conduct regulator, 36ONE had co-operated in the enforcement process.
04/11/2019
EOH, Tongaat, Aspen, BAT and MTN have all taken a beating.
04/11/2019
The Bank’s grant is targeted at laying the institutional foundations for the AfCFTA implementation secretariat and the roll out of the implementation programmes.
04/11/2019
But it’s an open question whether he will be able to repair the damage left by his predecessor – above all, Sars’ oversight of the tobacco sector, which has grown dangerously lax in recent years.
04/11/2019
Under the agreement with the IMF, policies will focus on eliminating the government’s double-digit fiscal deficit and adoption of reforms to allow market forces to drive the functioning of foreign exchange and other financial markets.
04/10/2019
The Bank also lowered its growth estimates for Sub-Saharan Africa to 2.8 percent in 2019
04/10/2019
In the past the government has mulled the idea of raising taxes on luxury goods to 15 percent from the current rate of 5 percent, to boost its tax to GDP ratio to 15 percent from 6 percent between 2017 and 2020.
04/09/2019
But tax experts explained businesses will suffer more than individuals because they will be left to pick up the bill.