05/22/2019
Wealthy Kenyans have traditionally stashed wealth abroad to either escape the taxman’s scrutiny or to spread their risks by investing in the more politically and economically stable Western democracies.
05/22/2019
The fact that the Reserve Bank wants the digital currency to be accessible without need for a bank account is particularly interesting as it brings to question what will happen to the banks if it is indeed adopted.
05/22/2019
At the resumed hearing of the matter today, before Justice Mohammed Liman, counsel to Access Bank Plc, Obinna Divine, told the court that parties to the dispute are talking settlement and that the talk has reached an advanced stage, and pleaded with the c
05/21/2019
A few days before the referendum in 2016, Global Risk Insights (GRI) published a list of four effects of Brexit on the Middle East and North Africa (MENA).
05/21/2019
Bank merger will create a major new player on the African banking scene.
05/21/2019
The effects of rising cost of living is a reduction in the purchasing power of the money a person holds, so that the same amount buys less.
05/21/2019
Kaplan said consumer inflation was projected to have remained steady at 4.5 percent year-on-year in April.
05/20/2019
“It follows that the platform would have to charge VAT at the rate of 15% on the facilitation fee, notwithstanding the fact that it facilitates the booking of accommodation that is located outside South Africa.”
05/20/2019
The trade war escalated sharply on Monday as China hit back with five per cent to 10 per cent duties on another $60bn worth of U.S. goods, a development that sparked the biggest fall in US stock prices since January.
05/20/2019
Despite weak economic growth and low inflation, an interest rate cut and a rating downgrade are not likely
05/20/2019
The economic program of the government, in office since January 2017, contains a large number of planned measures to strengthen agriculture and industry, including tax cuts, incentives for the private sector and infrastructure development.
05/20/2019
Latest data from Kenya’s Central Bank shows that the country has dominated transactions in the East African Payment System
05/19/2019
UAE said on April 28 it was depositing $250m
05/17/2019
More than 7 000 complaints were registered against South Africa's big five banks in 2018: Here are the best - and worst - performers of the bunch.
05/16/2019
Ironically, rules are proliferating. And unforeseen consequences are beginning to pop out of the woodwork.
05/16/2019
African governments are always coming up with policies and blueprints. How can you gauge the level of credibility of these policies and what are the shortcomings?
05/16/2019
This brings the number of authorised securities dealers to three and the depositories to 20.
05/16/2019
Investec’s adjusted earnings per share rose 3.6% in the year to March 31, as it undergoes new leadership.
05/16/2019
KMRC is a non-Bank financial institution designed to provide long-term funding and capital market access to local lenders, including commercial banks, and Savings and Credit Cooperative Organizations to help consolidate the East African nation's grow
05/15/2019
About 21 countries including Nigeria, Côte d’Ivoire and other African countries will benefit from the programme