12/04/2017
Absa joins CLS as a new settlement member
Absa will benefit from reduced settlement risk, improved efficiencies and increased liquidity to support its currency trading operations.
Regulation,Tax & Compliance
11/30/2017
Central Bank, FIC To Introduce New Trends To Combat 'Sakawa'
FIC And Central Bank Are Stepping In To Combat Computer Fraudsters
11/28/2017
Regulation Round-Up: Kenya, Ghana and Algeria Fudding and Fighting Bitcoin
It could very well be a Ponzi scheme of a kind, I think you have seen how the prices have gone up and down in various places.
11/28/2017
Support financial entrants to reduce banks’ monopoly, say MPs
Parliament’s finance and trade and industry committees to table their report on financial sector transformation
11/21/2017
Whistle-blowing and windfalls
The first few months after receiving a financial windfall is usually a time of adjustment.
11/20/2017
DBN to Sign on Commercial Banks, More MFIs before Year-end
The culmination of that is the technical support that came from them and experience sharing with us, in addition to the funding they provided for us.
11/20/2017
EGX plans to market Egyptian companies in Africa
EGX encourages Egyptian companies to be listed on African stock exchanges
11/19/2017
OECD launches programme to assist Cameroon to implement new international tax standards
The visit launched an Induction Programme to assist Cameroon in the implementation of the BEPS package, with a focus on the four minimum standards, and the standard for the automatic exchange of financial account information.
11/19/2017
Effect of New Accounting Rules on Retirees’ Funds
The ensuing faceoff led to the suspension of all insurance companies from participating in the booming pension market.
11/18/2017
S. African president pledges to protect independence of central bank
"In this regard, we value the work that is done by the South African Reserve Bank and we will continue to protect its independence," Zuma said.
11/17/2017
Central banks in Nigeria and Kenya to hold rates next week
There is a high degree of uncertainty over next year’s rate path for Kenya.
11/17/2017
South Africa creates new partnerships with India
The purpose of the conference is to have networking between professionals, business people, industries and experts.
11/17/2017
Central banks in Nigeria and Kenya to hold rates next week
Rates are expected to be cut by 100 basis points in either July or September 2018 in Nigeria to 13 percent but will remain stable in Kenya throughout next year.
11/16/2017
Afreximbank to Begin Inspection, Certification Operations in Nigeria Next Year
The Bank is now conducting a feasibility study/business plan for the initiative and expect to begin construction in 2018.
11/15/2017
Kenya central bank governor sees 5% inflation in 2018 and beyond
He said it was inevitable that commercial lending rate caps would be removed, but timing of the move was uncertain.
11/15/2017
Qatar, Ethiopia sign accords to cement bilateral relations
The Defence ministries of Qatar and Ethiopia signed a co-operation agreement.
11/15/2017
Qatar, Ethiopia sign accords to cement bilateral relations
The Defence ministries of Qatar and Ethiopia signed a co-operation agreement.
11/15/2017
South Africa seen keeping rates at 6.75% – poll
ANC succession conference critical to future rate path.
11/13/2017
Insurance and Pensions Commission
The COP qualification within the period stipulated in Statutory Instrument 80 of 2017 must leave office as such be guided accordingly.
11/08/2017
Banks to Adopt Basel IV Regulation from 2019
It aims at improving the banking sector’s ability to absorb shocks arising from financial and economic stress.