08/06/2014
Joshua Oigara, the chairman of Kenya’s banking association and chief executive officer of the nation’s biggest lender, wants capital reserve requirements for lenders boosted more than eightfold to prompt consolidation.
08/03/2014
The United States has placed a German financial institution under strict surveillance for clearing payments for Zimbabwe’s diamonds at the recent Dubai diamond tender, state media reported Sunday.
07/30/2014
The head of Supervision of other financial institution department at the Bank of Ghana, Raymond Amanfu told Citi Business News, they have intensified their documentation requirements.
07/25/2014
That is why even today, in our beautiful parks, as the animals wake up at the dawn of a new day, the lion prays for strength to run faster than the slowest antelope
07/22/2014
Five agreements for cooperation between Liberia and Nigeria were recently signed in the Nigerian Capital, Abuja.
07/21/2014
The double taxation treaty between Kenya and Mauritius this year is likely to significantly fuel tax avoidance by multinationals further
07/18/2014
The scheme will also encourage financial inclusion and access to formal financial services.
07/18/2014
Government is expected to issue the country’s next Eurobond when it gets the green light from its transaction advisors.
07/15/2014
it is natural for the regulatory authorities in the banking sector, the affected institutions and their shareholders to celebrate the perceived resilience of the Nigerian banks.
07/13/2014
Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond U.S. territory, but in the end they are more likely to bow to Washington than kick against its dollar muscle.
07/13/2014
Standard Bank Africa’s largest bank, has been caught off guard by commodities fraud in China that could cost the lender R1.8-billion.
07/10/2014
There is need to ensure that they conform to regulatory standards
07/04/2014
New regulations for the pricing of insurance could cut the margins of unsecured lenders and retailers who abuse the system by charging excessively for credit insurance.
07/03/2014
The Asset Management Corporation of Nigeria had bought over the bank’s NPLs
06/16/2014
DA Calls for Probe Into FSB CFO Corruption Allegations
The Financial Services Board is an independent institution established by statute to oversee the South African non-banking financial services industry
06/13/2014
Plans are underway to establish a single authority to regulate and supervise the financial sector.
06/13/2014
Foreign-owned financial institutions have indicated that they will withdraw if forced to indigenise
06/12/2014
The bank was fined for promoting top management staff without CBN’s approval
06/10/2014
The Securities and Exchange Commission says financial institutions need to scrutinise and tighten its investigative structures on customers to minimise fraud in the industry.
06/10/2014
Banks have been asked to implement too many policies in a short period