11/01/2018
Mauritius is the easiest African country to do business in
Tunisia makes it to Africa’s top five in terms of business ease, ranking in 80th place overall – in 2017 the nation placed in 88th position.
Regulation,Tax & Compliance
10/31/2018
Significant new Namibian tax law proposals
The key details of these tax proposals are summarised below.
10/31/2018
BK Group Approved For Listing On Kenya Bourse
The latest share price represents 6.6 percent discount to the stock’s last traded price of Rwf289.
10/30/2018
Debt is keeping South Africans awake at night
This can be extracted from any of the major credit bureaus like TransUnion, Compuscan and Experian for free once a year and will give you a clear indication of how much you owe.
10/30/2018
South Africa Spends Too Much Time on Populism, Reserve Bank Governor Says
The ruling African National Congress decided in December that the Reserve Bank should be state-owned, like most other central banks.
10/30/2018
ARC a step closer to fully acquiring and launching TymeDigital in South Africa
CBSA and Tyme currently provide a limited range of banking services such as money transfer, TYME Coach and Merchant Advance in South Africa.
10/30/2018
Seychelles sells world's first blue bond in 'dolphin debt' deal
The bond raised US$15 million from international investors, which will help expand and protect marine areas, improve governance of priority fisheries and develop the Seychelles’ blue economy.
10/30/2018
PenCom recovers N465m outstanding pension contributions
“This brought the total recovery by the commission to N14.38 billion which comprised principal contribution of N7.48 billion and penalty of N6.96 billion,”
10/30/2018
Reserve Bank applies for final liquidation of VBS
The Bank's Prudential Authority says there is no prospect of entering into any resolution plan for the bank
10/29/2018
Diaspora inflows in year high - CBK
The 12 months cumulative inflows to August 2018 on other hand grew by 41.9 per cent to Sh255 billion from Sh179.7 billion last year, this, perhaps as a result of extended tax amnesty given to diaspora investors to voluntarily repatriate foreign held asset
10/26/2018
Rapid debt pile raises Kenya’s default risk level
“This debt sustainability analysis finds that Kenya’s risk of external debt distress has increased from low to moderate due to rising refinancing risks and narrower safety margins,”
10/26/2018
CBK to hold next monetary policy meeting in a month
Kenya's inflation hit a 12-month high of 5.7 percent in September from 4.04 percent in August on the back of higher taxes on petroleum products.
10/26/2018
Deutsche Bank and Standard Bank of South Africa Sign Memorandum of Understanding for close cooperation under a US Export Credit Agency Guarantee Program
The finalization of the GSM 102 agreement ensures that Standard Bank is now one of the preferred issuing banks to the US Department of Agriculture’s Commodity Credit Corporation
10/26/2018
Bank of Ghana releases list of licensed banks in Ghana
The Bank of Ghana has released a list of banks that are duly licensed and of good standing in the country.
10/26/2018
NAICOM to release bancassurance framework for MFB’s soon
The move would enable the insurance firms to reach more customers
10/26/2018
Bank of Ghana releases list of banks in good standing
Remember some few months ago, the Central Bank dissolved five “insolvent” indigenous banks to form the Consolidated Bank of Ghana Limited.
10/26/2018
SEC tightens enforcement of regulations to clean up capital market
I always advise against investors putting all their eggs in one basket
10/26/2018
Disrupting the modern treasury
The modern treasurer has to embrace digital disruption – Nedbank CIB.
10/23/2018
Ex-Somalia Central Bank Governor launches insurance company in Somaliland
The official launching ceremony of her new company, Horn of Africa Insurance, was attended by government ministers, Somaliland’s central bank governor, parliamentarians, opposition figures and members of Somaliland’s civil society.
10/23/2018
Green Climate Fund Board approves three African Development Bank proposals for Green Climate Projects worth over US$ 110 million
The “multi-national approach to climate change adaptation by PIDACC offers an opportunity for the African Development Bank-GCF partnership to promote low-emission, climate-resilient agriculture in the nine Niger basin countries” said Martin Fr