07/25/2016
Speaking during the listing ceremony held in Dar es Salaam last week, Permanent Secretary Ministry of Industry, Trade and Investment, Dr.Adelhelm Meru hailed the listing and urged other investors in the private sector to follow suit.
07/22/2016
The regulator said it was drawing lessons from recent bank failures.
07/22/2016
The deposit insurance fund, managed by the now independent KDIC, stood at Sh6.2 billion against a Sh2.56 trillion deposit in March.
07/22/2016
The move comes as the banking regulator moves to strengthen corporate governance within banking institutions as cases of poor financial practices emerge.
07/21/2016
The final draft of the FSR included 14 proposals as part of the first phase of RDR
07/21/2016
This is part of CBK’s efforts to strengthen bank supervision.
07/21/2016
The first phase of Sabric’s Schemes and Scams Campaign focusses on the fraudulent change of bank account details scam, and deposit and refund scams.
07/21/2016
The amnesty comes ahead of the implementation in September 2017 of a new global agreement
07/21/2016
This initiative will make it much more difficult for taxpayers to hide assets in offshore jurisdictions.
07/21/2016
The directive is expected to lift the corporate veil on banks that have over the years kept their ownership closely guarded.
07/21/2016
The Moroccan monarchy mixed institutional reforms, heavy spending and tough security to stifle the wave in 2011
07/20/2016
The move which is seen as contradiction to some financial regulations is partially blamed for the high level of debt being recorded in the energy sector where the Volta River Authority is indebted to 13 local banks to the tune of GHS4.4 billion.
07/19/2016
RBI could have taken measures to legitimise and rationalise the operations of existing players
07/18/2016
They will be also required to provide detail information regarding their loan arrangements for scrutiny by the bank.
07/14/2016
Presently, minimum capital requirement is 120 million cedis and 15 million cedis for universal banks and savings and loan companies respectively.
07/14/2016
The financial watchdog in South Africa says the broker is unauthorized to offer its services to local residents.
07/12/2016
The maiden project to be undertaken under this cooperation initiative will be the African Exchanges Linkage Project.
07/12/2016
Where CBS said banks in Swaziland were no longer expected to charge service fees for cash deposits for any product or type of account effective from July 1, 2016.
07/11/2016
The bill comes as the government tightens the screws on corruption and money laundering.
07/08/2016
The programme will allow Ghana Home Loans access 380 million cedis from the domestic market.