04/10/2018
Access Bank, GTB fined for illegal charges, other CBN violations
A breakdown shows that during the year, while GTB paid about N18 million as fines, Access Bank paid over N78 million to the regulatory agencies.
04/10/2018
A breakdown shows that during the year, while GTB paid about N18 million as fines, Access Bank paid over N78 million to the regulatory agencies.
04/09/2018
The onus was on taxpayers to declare all cryptocurrency-related taxable income in the tax year in which it is received or accrued, SARS said in a statement.
04/06/2018
At the international level, he said, assets acquired fraudulently are traced through mutual legal assistance requests, and joint investigations.
04/05/2018
As a result, there will be no disruption to EU registered credit rating agencies’ ability to endorse credit ratings from these jurisdictions following the entry into force of the new requirements.
04/05/2018
The self-regulatory organisation (SRO) would be a non-governmental body with the power to publish its own rules, directives and industry standards
03/28/2018
The Constitution therefore provided the framework for Parliament to enact laws to promote and protect business and the fruits of business.
03/28/2018
Following this authorization, UBA is now the only Sub-Saharan African bank to conduct banking activities in New York and London
03/27/2018
The IMF relied on three key arguments to explain why Uganda’s steeply rising indebtedness was not a cause for concern to them. They then summarised the situation as follows:
03/27/2018
We appeal to employers to comply with the law lest they face the wrath of the law. It is not in anybody interest that employers are sanctioned.
03/23/2018
Over the last decade the government of long-ruling President Yoweri Museveni has ramped up borrowing, mostly from China, to fund infrastructure projects including roads, power plants, fibre cable networks and an airport expansion.
03/23/2018
The MRA has introduced the Tax Arrears Settlement Scheme.
03/21/2018
“Rwanda stands out amongst its peers in East Africa because the economy has grown impressively and sustainably from 2000 to 2017, with a GDP growth rate averaging 7.2% annually,” said CBA Group Chairman, Desterio Oyatsi.
03/21/2018
The mission, from 18 to 23 March, is organised at the initiative of the Ministry of Financial Services and Good Governance in collaboration with the Economic Development Board.
03/21/2018
The government, represented by Finance Minister Adriano Maleiane, also wants to write off half its past-due interest payments
03/21/2018
The Memorandum of Understanding provides a framework for a regular exchange of information, policy dialogue and technical cooperation between the two institutions.
03/21/2018
Fourie told the committee that it only granted credit through a model based on client behaviour, affordability and revenue source.
03/21/2018
Ghana will follow other sub-Saharan African issuers such as Ivory Coast and Kenya
03/21/2018
The agreement was signed by Hamad Buamim, President of the Dubai Chamber, and Mónica De Greiff, Executive President of the Bogotá Chamber of Commerce.
03/20/2018
Prosecutors announced on Friday that Zuma would face corruption charges on allegations of accepting bribes over an arms deal before he became president.
03/19/2018
Slower inflation and more stable exchange rates have built a case for looser monetary policy in Kenya, Ghana, South Africa and Nigeria.