06/18/2015
It doesn't take a genius to understand why the Bank of Namibia just hiked interest rates
The Bank of Namibia just put out a great explainer on monetary policy.
Regulation,Tax & Compliance
06/18/2015
Nigeria's Stanbic IBTC to publish list of loan defaulters
Stanbic IBTC would be among the first banks to publish such a list after the regulator ordered lenders in April to crack down on non-performing loans to forestall a repeat of a 2009 industry bailout that cost the government $4 billion.
06/17/2015
Kenya’s next central bank governor still single at 54
My Approach Njoroge has been nominated as the ninth governor of the Central Bank of Kenya.
06/15/2015
Banks 'not coming clean' on collusion
Banks being investigated for currency collusion remain tight-lipped about the effect of the probe and whether they knowingly allowed the practice in the first place
06/15/2015
Leap Africa, Lafarge, Sterling Bank task MSMEs on risk management
Leap Africa, Lafarge Africa and Sterling Bank have tasked start-ups, micro, small and medium enterprises to mitigate and skilfully manage risks to maximise profits and sustain growth.
06/12/2015
Kenya Signals Banking Consolidation by Raising Core Capital
Kenya’s government increased minimum capital requirements for the East African nation’s banks by fivefold to promote competition
06/12/2015
Zimbabwe waves farewell to its 100-trillion-dollar bills
It’s back to the good old U.S. dollar for the troubled African nation
06/08/2015
Kenyan insurance firms seek sweeping financial sector reforms
The Association of Kenya Insurers (AKI), grouping 44 insurance companies, pledged to increase the value of the pensions industry from 7.8 billion U.S. dollars
06/08/2015
Regulate Safaricom’s financial services
Because of the sensitivity of money and its central role in any economy, financial business is heavily regulated in every country
06/05/2015
African economies removing barriers to FDI
Rwanda’s competitiveness and ease-of-doing-business rankings had risen as a result
06/04/2015
WEF: Business leaders push for cooperation among regulators as key to financial inclusion
Speaking yesterday at a session on financial inclusion, Okonjo Iweala strongly believed that deepening financial inclusion lies on tackling the regulatory arbitrage
06/03/2015
Widespread collusion alleged in rand scam
South Africa’s antitrust regulator last month announced the probe into some of the world’s biggest banks
06/02/2015
Embracing a New Corporate Governance Culture
Although this is seen as a very arduous task, the exchange has made significant progress in the journey towards realizing that ambition.
06/01/2015
Promoting Good Business Practice Through Corporate Citizens Award
The recent recognition of nine corporate organisations at the Corporate Affairs Commission’s Corporate Citizens Award will engender healthy competition among registered companies in Nigeria
05/29/2015
Reserve Bank plots a tighter course
Supervision practices are in the spotlight at the regulator, after the fall of African Bank.
05/27/2015
Banks’ shareholders express concerns over N56.42b levies to AMCON in 2014
Some shareholders on Monday said the huge levies paid by commercial banks to the Asset Management Corporation of Nigeria had stifled the banks’ ability to lend.
05/27/2015
African Bank’s failure prompts regulator to review supervision
African Bank failed amid record losses and a lack of funding
05/27/2015
Rand Probe May Stem From Whistle Blower or ‘Confession’
An investigation by South Africa’s anti-trust regulator into alleged foreign currency manipulation involving the rand may stem from a whistle blower or “a confession”
05/27/2015
Shadow banking in the spotlight
‘Regulation not the silver bullet.’
05/22/2015
RBZ approves NMB Bank top-tier status plan
THE Reserve Bank of Zimbabwe has approved a plan by NMB Bank that will see it attaining top-tier status of $100 million minimum equity capital by 2020, its parent company said yesterday.