10/08/2014
Fitch: Nigerian banks performing well despite hurdles
Fitch Ratings says in a new special report that Nigerian banks are performing well despite the twin hurdles of tight monetary policy actions and new banking rules.
Regulation,Tax & Compliance
10/02/2014
Examining Governance Structures In S.Africa
African Bank, followed by the PPC saga have really opened a Pandora's Box and offered a window to examine governance issues.
10/02/2014
Trends in S.Africa's Unsecured Lending Arena
South Africa has been dealing with defaults on unsecured personal loans, this after African Bank Investments Limited's failure.
09/19/2014
Banks In Unsecured Lending Required Specialised Risk Management Systems
The fall of African Bank shows that a one-size-fits-all approach to managing risk in the banking and lending industries is fundamentally flawed,
09/19/2014
Nigeria’s Banking Sector Restructure Executed In Defiance Of Transparency Rules
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
Ghana: Bankers endorse IMF intervention
The move toward the IMF is to basically shore-up confidence in the market
09/17/2014
World Bank calls for sweeping reforms in Tunisia
The World Bank said it had wrongly praised Tunisia's economic model
09/17/2014
Appointing statutory actuaries to ensure proper financial risk management by banks?
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
Capital Adequacy: Banks in Race to Beat Sept 30 Deadline
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
Risk management systems highlighted by African Bank failure
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
Risk management systems highlighted by African Bank failure
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
Reprieve as Capital Markets Authority cuts stockbrokers fee
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
Reserve Bank investigating Abil
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
Standard bank fires 3 managers again
THE matter involving three Standard Bank managers who had been dismissed by the bank has bounced back to court
09/02/2014
Ethics, professionalism seen dropping among EA banks
East African countries introduced various reforms including liberalization of the financial sector about two decades to sustain their economic growth.
09/01/2014
Tanzania: Stanbic Bank Instructs Clients On Risk Management
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 Season of Capital Raising in Commercial Banks
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
South Africa: Banks must improve their compliance or risk fines
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 launches first-of-its-kind consulting firm in Africa
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.