03/29/2016
Foreign firms must comply or exit Zim
South Africa has a major footprint in its northern neighbour.
Regulation,Tax & Compliance
03/28/2016
Has the Brics bubble burst?
Brazil, Russia, India, China and South Africa seem to be failing to justify predictions of 21st century domination
03/22/2016
Fed grants African central banks time on rates
From Zambia to South Africa, African currencies were among the worst hit by a slide in investor sentiment toward emerging and frontier markets last year.
03/22/2016
New Banking Law to Protect Kenyans
The Banking (Amendment) Bill speaks to the general welfare of the citizenry.
03/17/2016
Hackers Try to Siphon U.S.$24 Million from Bank of Uganda
The fraud comes three years after the government instituted new financial integrity measures to seal loopholes
03/15/2016
NBC, Barclays Bank merger under consideration: BoT
THE Bank of Tanzania has said the merger of National Bank of Commerce and Barclays Bank Tanzania is still under consideration.
03/15/2016
African Bank receives ministerial approval, bank licence
April launch date still targeted.
03/09/2016
Preparing for automation in South Africa
Most large foreign banks in South Africa have automated their regulatory reporting.
03/04/2016
Botswana apex bank allays fears as Barclays plc leaves Africa
Bank of Botswana spokesperson Andrew Sesinyi said in a statement that the decision to sell off Barclays Bank plc’s stake in BAGL is subject to regulatory and shareholder approvals.
02/26/2016
AfDB-Seychelles - New Development Strategy Targets Diversification and Resilience
According to papers presented to the Board, the Bank support will focus on establishing a more conducive business environment to enable private sector activity in traditional as well as new sectors of economic activity.
02/22/2016
Angola removed from money-laundering blacklist
Governor José Pedro de Morais welcomed the removal, saying it would improve the country's credit quality and financial institutions.
02/17/2016
Government reviews Islamic Finance laws ahead of debut sukuk
We want to be able to facilitate the issuance of the bond
02/15/2016
Discovery banking licence ‘at least’ two years off
The insurer appears to have little appetite to buy a bank.
02/15/2016
Discovery banking licence ‘at least’ two years off
The insurer appears to have little appetite to buy a bank.
02/11/2016
Namene Kalili, a senior researcher at First National Bank of Namibia
He said the Bank of Namibia is likely to hike the rates by 75 basis points in the near future
02/09/2016
Kenya signs agreement to fight offshore tax evasion and avoidance
The multilateral convention was developed in 1988 and amended in 2010 by the OECD and the Council of Europe.
02/09/2016
Kenya becomes the 94th jurisdiction to join OECD
Since then, the Convention has become a truly global instrument.
02/08/2016
Path Solutions signs up Wifak International Bank, its 1st iMAL client in Tunisia
The company identifies Islamic banking as key focus area in the country
02/07/2016
Foreigners allowed to own up to 49% of Zimbabwean companies
According to the monetary policy statement, the 40% mark was reviewed and increased to 49%
02/04/2016
ESMA to cooperate with South African regulators on CCPs
EMIR provides for cooperation arrangements between ESMA and the relevant non-European Union authorities whose legal and supervisory framework for CCPs have been deemed equivalent to EMIR by the European Commission.