06/06/2016
Jouahri said that the country would be working with a technical mission from the International Monetary Fund during the second half of this year as part of introducing the currency move.
06/06/2016
The rationale for the merger is, essentially, to create a bigger, better and more liquid market that can offer more diverse products to its many different customers.
06/06/2016
Ghana is seeking a syndicated loan to reduce budget deficit, while tapping the offshore bond market this year is crucial for Nigeria
06/05/2016
"We are looking at something like the United States Small Business Act," he added.
06/03/2016
The Central Bank of Kenya has turned away seven proposals from local and foreign based interests looking to revive Dubai Bank.
06/02/2016
The comment comes amidst widely held belief that Kenya is overbanked and the market is ripe for mergers and acquisitions.
06/02/2016
“We expect the current bearish trend in the market to continue as investors take profit following the impressive gains recorded in the previous week.
06/02/2016
The High Court last November ordered the industry regulator to consider proposals by investors to rescue the lender
06/01/2016
The lender informed the regulator of its intention to reopen the share sale, the SEC said.
06/01/2016
Zimbabwe, with no currency of its own, uses mainly dollars, with the euro and rand among banknotes that are also legal tender.
06/01/2016
In January 2014, the Deposit Protection Corporation announced it was instituting liquidation processes following the cancellation of its license
06/01/2016
The Hawks are investigating the scheme after the commission referred complaints against the scheme to them.
05/31/2016
Over 2000 accounts linked to MMM have been shut down
05/31/2016
By December 2015, pension savings stood at Sh814 billion according to data from the Retirements Benefit Authority.
05/30/2016
Mauritius is not a tax haven; it is a low-tax jurisdiction that also offers a low taxation platform for international business.
05/29/2016
The CLF would give Saccos an equivalent of the clearing house run by the Kenya Bankers’ Association, which nets off obligations between banks both in the interbank market and in clearing of cheques.
05/27/2016
Card fraud remains a high priority, he said, adding that the bank had "frustrated a very large amount of fraud last year and the year before."
05/27/2016
The AfDB termed him an exceptional leader.
05/25/2016
"Yes we must tighten our fit and proper tests, and we have done," Naidoo said.
05/25/2016
In the case of Capitec and Deutsche Bank, SARB nailed the banks with a R5 million and R10 million fine, respectively, for failing to comply with the Act.