09/19/2014
On September 4, 2014, Asset Management Corporation of Nigeria, the Nigerian “bad bank” established after the severe crisis that rocked the banking sector in 2009, divested its participation interests in Ecobank to the profit of Qatar National
09/17/2014
Banks want BoG to bear costs on future banking regulations
The banking captains also said future banking legislations and regulations should be designed to have a long-term focus on overall industry growth
09/17/2014
The move toward the IMF is to basically shore-up confidence in the market
09/17/2014
The World Bank said it had wrongly praised Tunisia's economic model
09/17/2014
The recent demise of African Bank has shown that a one-size-fits-all approach to managing risk in the banking and lending industries is fundamentally flawed.
09/15/2014
As the deadline for the transition to Basel II/III by the Nigerian money deposit banks expires at the end of the month, a number of the frontline banks have begun frenetic moves to raise both tier I and tier II capital. Basel II is an international busin
09/12/2014
Corporate governance failures continue to blight companies and governments across the continent, with a commission of inquiry into the collapse of African Bank being launched earlier this month.
09/10/2014
The failure of unsecured lender African Bank has sent shivers down investors’ spines and raised the need for improved risk-management processes
09/05/2014
Capital Markets Authority has lowered the licensing fee for new stockbrokers by more than half in what appears to be a deliberate move to dismantle the cartel-like behaviour that has epitomised the 60-year-old exchange.
09/03/2014
The investigation is being done in terms of Section 69 (A) of the Banks Act, which allows the Registrar of Banks to investigate a bank that has been placed under curatorship.
09/03/2014
THE matter involving three Standard Bank managers who had been dismissed by the bank has bounced back to court
09/02/2014
East African countries introduced various reforms including liberalization of the financial sector about two decades to sustain their economic growth.
09/01/2014
The bank's Head of Global Markets, Mr Thomas Bisonga told reporters that the training was designed to provide tools to its clients on how to deal with risks when they do financial transactions.
08/31/2014
A combination of the regulatory directive on the implementation of a new regime of risk management in banks and the corresponding rise in the appetite of critical sectors for financing may have sustained the ongoing rush for new capital by banks, reports
08/28/2014
Mr Malan warned on Tuesday at a governance, risk and compliance summit hosted by Thomson Reuters that the fines issued so far had been a wake-up call
08/26/2014
Afriwise is launching a groundbreaking consulting model for Africa, designed to assist clients with advice that is genuinely tailored to situations and local environments in African countries, through collaboration between the best African experts.
08/22/2014
For non-performance in the last six months, 65 dealing member firms at the Nigerian Stock Exchange may be losing their trading licences, BusinessDay has learnt.
08/22/2014
South Africa is integrated into several global value chains, particularly in the automobile, mining, finance and agriculture industries.
08/17/2014
African countries have often not lacked an understanding of what the challenges to their economic development are.
08/10/2014
Subsequently the Bank of Ghana, on February 13, 2014, issued a Notice to clarify the aforementioned Notices