05/03/2016
The Regulation 28 challenge for asset managers
The impact of the weak rand on local portfolios
Regulation,Tax & Compliance
05/03/2016
Lawsuit To Prosecute CBN Governor Emefiele Falls Apart As Plaintiffs Reportedly Collect N350m Payoff
An acclaimed lawsuit filed by 10 constitutional lawyers about 10 days ago at the Federal High Court in Abuja to prosecute Central Bank of Nigeria governor Godwin Emefiele has been sold and bought, according to sources involved in the case.
05/03/2016
KCB Bank Rwanda unveils new club to support SMEs
The meeting brought together more than 50 business people in the packaging sector, construction, textile, tourism, and agriculture, among others.
05/02/2016
KBA wants Central Bank to have more powers in new law
The association said a more enhanced role by the CBK will help to consolidate and fast-track efforts to instill transparency in pricing
05/02/2016
Provisional License For Islamic Banking In Ghana Withdrawn
The regulator of the banking industry, Bank of Ghana has for the past years posited their keen interest in helping introduce Islamic Banking and Finance to Ghana.
04/29/2016
Panama Papers: Tax evaders beware Special Voluntary Disclosure Programme excludes those who have already been exposed.
Special Voluntary Disclosure Programme excludes those who have already been exposed.
04/29/2016
Zimbabwe central bank sued over failure to revive currency
Zimbabwe has exclusively used foreign currency for all transactions since early 2009 after the Zimdollar was rendered worthless by a world record-breaking hyper-inflation.
04/29/2016
Plan to encourage Islamic banking faces setback
The Bank of Ghana has over the past three years maintained that it is working to encourage the establishment of an Islamic Bank in Ghana.
04/29/2016
The greatest growth story of the twenty first century?
Once dominated by mining stocks, it is now a far more modern and diversified bourse, where industrial and financial counters play a much bigger role.
04/28/2016
KENYA: More regulation needed in the banking sector
Ultimately, small banks will need to re-evaluate whether they are 'too small to succeed', and whether consolidation is the better option.
04/28/2016
Global remittances slow, while regulation restricts access
Workers' remittances are a significant part of international capital flows, and the inspiration of many bitcoin and blockchain companies.
04/28/2016
Plan to encourage Islamic banking faces setback
Under the current banking laws, an institution that is granted provisional license has about six months to recruit personnel
04/27/2016
Central Bank of Kenya seeks powers to name rogue banks
Officials of the Bank Supervision Unit said the sanction was necessary to make sure banks respect the directives of the CBK as a regulator.
04/25/2016
South African Reserve Bank Sees Potential For Real Bitcoin Growth
It is always good to know how several banks around the world feel about Bitcoin, even though the outcome will be identical in most cases.
04/24/2016
UBA, GTB, Zenith and Sterling Banks fined N3.2bn by CBN
Others are failure of the bank to meet the deadline for transfer of funds to the TSA, N4m
04/22/2016
KBA threatens to expel banks condoning malpractices
Corporate governance malpractices have led to the shock closure of Chase, Imperial and Dubai banks in nine months
04/20/2016
Joint statement on the fight against illicit financial flows, by OECD Secretary-General Angel Gurría and Thabo Mbeki, Chair of the High Level Panel on Illicit Financial Flows from Africa
While there has been significant progress in the past few years due to a global crackdown on opacity and secrecy in financial and tax matters, more needs to be done.
04/20/2016
Seychelles issues guidance to financial institutions on FATCA reporting
Seychelles is negotiating a Model 1B IGA with the US. On May 28, 2014
04/19/2016
South African regulator approves IDS hedge fund hosting schemes for 83 hedge funds
IDS identified the need of hosting many hedge fund managers who prefer not to own or run their own CIS Management companies.
04/18/2016
Capital Markets Authority moves to assure investors in Chase Bank subsidiary
The bank's first tranche of the issue was oversubscribed by a whopping 161 per cent, raking in Sh4.8 billion against a target of Sh3 billion.