03/19/2024
Since Section 3(1) provides that a foreign investor who intends to invest in Kenya may apply to the authority for an investment certificate,” the committee chaired by Embakasi North MP James Gakuya said.
03/18/2024
The CMA approved the bank’s application for its bond issue on April 22, 2015, a move that saw the institution proceed to raise Sh4.8 billion from investors.
03/15/2024
The regulators collect billions of shillings each year in the form of levies, licence fees and fines, leaving them with substantial surpluses, which they remit to the Treasury.
03/14/2024
South Africa is poised to introduce a new bank.
03/14/2024
The Executive Board of the International Monetary Fund (IMF) approved on March 4, 2024 an extension until end of 2024 of the temporary increase in normal limits
03/14/2024
Bitcoin — the world’s largest cryptocurrency — hit an all-time high of $73,664
03/14/2024
The governor said that work is underway to fix the numerous issues that were identified by the Financial Action Task Force (FATF) – which is expected to be completed by the watchdog’s next review.
03/13/2024
The IMF also sees the recent actions of the Monetary Policy Committee (MPC), which further tightened monetary policy
03/13/2024
Concerningly, debt levels are the highest for the middle class
03/13/2024
A trading participant shall not provide margin financing facility to an investor who has engaged in securities trading for less than half a year
03/11/2024
This proactive measure would streamline the review process and improve overall compliance within the sector.
03/11/2024
Brown’s comments come after the government pursues two new banks – one of which is a complete overhaul of Postbank.
03/11/2024
Part of the exposure is linked to the rapid adoption of technology by banks, which has opened supervisory and regulatory loopholes in the country’s financial sector.
03/08/2024
The licensing comes nearly a year after the last one
03/08/2024
However, Standard Bank said the website has nothing to do with the bank or its operations.
03/08/2024
The project’s core objectives remain unchanged: elevating food and nutritional security and improving the incomes of vulnerable households.
03/07/2024
In 2020, new financial regulations were introduced by FINMA
03/07/2024
These actions aim to attract capital inflows and improve Foreign Exchange (FX) liquidity.
03/07/2024
Banks are realising that the more they invest in technology, the more they are able to up their game to ensure they are winning customers.
03/06/2024
The commission is still pursuing its case against 19 of the initial 28 banks identified in the investigations.