04/11/2024
The Central Bank at its last Monetary Policy Committee meeting in March 2024 announced an adjustment for the existing Cash Reserve Ratio of 15%
04/10/2024
The two countries are among a growing list of Sub-Saharan African states placing greater emphasis on Sharia-compliant financial products as alternative financing
04/10/2024
The IMF released a statement last week saying that ‘a number’ of its board members were open to reviewing policies around surcharges.
04/09/2024
The new requirement tasks firms to disclose their environmental, social, and governance (ESG) goals and communicate the company’s progress and efforts to reach those goals.
04/09/2024
Analysts attribute naira appreciation to CBN policies
04/09/2024
Inclusion on the so-called greylist means financial transactions with a South African component are subject to enhanced due diligence.
04/08/2024
Investors bid Sh28.4 billion for the three papers, representing a performance rate of 118.65 percent from the Sh24 billion on offer, with the Central Bank of Kenya (CBK) accepting Sh26.1 billion.
04/05/2024
Regulator to raise concerns over Azure’s switching costs.
04/05/2024
The disbursement awaiting both staff-level agreements and the nod from the IMF executive board is expected to be the largest access yet from the programme approved in 2021.
04/05/2024
Targeting big-ticket taxpayers and their ‘trusted advisors’ in its efforts to be South Africa’s Robin Hood.
04/05/2024
Despite signing the Bills, the President still has 23 Bills on his desk waiting to be signed, which have passed through the National Assembly and National Council of Provinces.
04/04/2024
The alert noted that the bank had flagged a spike in ATM fraud.
04/04/2024
According to the Treasury, public entities held more than 33,000 bank accounts locally as at January 2023.
04/04/2024
This means the local currency hasSteady dollar supply pushes naira to 1,262/$ continued its positive streak against the green with expectations of further appreciation.
04/03/2024
Inflation is mainly as a result of excess liquidity in the system
04/03/2024
In a statement issued on Tuesday, the NSE said the reclassification from a restricted market will boost inflows from foreign investors, who typically account for nearly 60 percent of daily turnover at the market.
04/02/2024
Among the tier-one banks listed, the United Bank of Africa is set to raise the largest sum
04/01/2024
The committee’s decision was also influenced by the need to stabilise the Naira.
04/01/2024
“Regulating AI is… crucial in ensuring that AI achieves outcomes that are in the interests of society,” said the experts.
03/28/2024
Money gained illegally can be laundered by placing it into the financial system, through banks.