09/19/2017
South African merger filing fees and intermediate merger thresholds to increase - ENSafrica
There is no increase to the large merger thresholds, which are currently set at ZAR6.6-billion
Regulation,Tax & Compliance
09/18/2017
Licensed to trade: SA’s first black controlled stock exchange gets green light
After a 17 month wait, South Africa’s first black controlled stock exchange has been licensed by the Financial Services Board.
09/15/2017
Scolded South African Central Bank Switches to Attack Mode
The bank’s monetary policy committee will probably cut the benchmark lending rate to 6.5 percent on Sept. 21
09/14/2017
Barclays Africa Reviews KPMG Relationship Amid Gupta Scandal
KPMG told Absa that it will provide more details when it presents the findings of its probe by the end of September, Barclays Africa said.
09/13/2017
Only 3 banks in line to meet capital requirements
The new minimum capital requirement is a 233 percent increment over the old GHC120 million benchmark.
09/13/2017
Nomadic Capital and The Token Fund announce partnership
The Token Fund Expands to MENA, Setting Up Main Headquarters in Dubai
09/12/2017
Bank of Khartoum turns to Path Solutions core banking system for UAE move
BOK focuses on products and services for corporates and high net-worth individuals, based on Shari’ah principles.
09/12/2017
Gigaba urges tax practitioners to help combat illicit financial flows
Gigaba said that the positive actions of business, labour, communities and individuals will be vital to setting the country on an improved growth path for the benefit of all citizens.
09/12/2017
Central Bank breaks silence on virtual currencies
It should be noted that there is a difference between a virtual currency and electronic money.
09/11/2017
Al Baraka revs up Africa footprint with Morocco venture
The country also has a large pool of companies seeking financing.
09/11/2017
BBCI chooses the OLYMPIC Banking System
After a rigorous evaluation process, the OLYMPIC Banking System was selected based on its broad functional coverage and technological strengths.
09/11/2017
Mugabe government cuts Rhodesian pensioners pay outs, desperate elderly folk turn to British embassy
Some of the affected former employees served in the Rhodesian police and military.
09/08/2017
Sanlam warns of on-going political and policy uncertainty in SA
Recession in home market weighs on interim performance.
09/08/2017
Financial crime crackdown curbs emerging markets
IFC says cut in bank ties has depressed legitimate growth
09/08/2017
FirstRand will continue to exercise discipline in allocating capital
The bank said it also expected credit extension to be constrained in the next two to three years
09/08/2017
Pension reforms in Rwanda
Now, pension reforms often have significant national economic benefits.
09/07/2017
TerraPay Secures Regulatory Approval From South African Reserve Bank to Launch Cross-border Money Transfers in South Africa
TerraPay is building global payments infrastructure for low-value cross-border transactions.
09/05/2017
How Kenya’s Central Bank is holding back digital currencies
We have been working closely with the Nigerian Central Bank and have a great dialogue with other Central Banks in East, Central and West Africa.
09/04/2017
Moroccan Attijariwafa Bank, Japanese Sumitomo Corporation Team up for Africa’s Development
The agreement will also enable Sumitomo Corporation to have access to the network and expertise of Attijariwafa bank group
09/04/2017
Zimbabwe: Land Barons Face Comeuppance
Government has already agreed to the split of the two entities, and the two parties have since constituted teams that will lead in the negotiation process.