07/21/2023
Big changes at SARS for customs and travellers
“Traders can now register and lodge customs declarations under the SACUM-UK EPA as well as the SADC-EU EPA.”
Regulation,Tax & Compliance
07/21/2023
Access Bank Plc, Standard Chartered Bank sign acquisition deal
The release said Access Bank would provide a full range of banking services and continuity for key stakeholders, including employees and clients in the Standard Chartered businesses across the five aforementioned countries.
07/20/2023
PoS operators insist on new charges
Elegbede noted that the association’s new pricing regime was operational across the country.
07/20/2023
It's official: South Africa is the cybercrime capital of Africa - here's how to protect yourself from becoming a statistic
Highlighting the surge in cybercrime, the Southern African Fraud Prevention Services reported a staggering 356% increase in impersonation fraud
07/20/2023
Climate change mitigation in Zimbabwe and links to sustainable development
In 2021, Zimbabwe updated its target for reducing greenhouse gas emissions
07/19/2023
State moves to relax checks on large cash transactions
Moneyed individuals and businesses have protested the onerous checks amid fears relaxing the rules could aid money laundering and terrorism financing.
07/19/2023
Bank ordered to pay Honeywell N72bn
After weeks of struggling to run a business without access to their bank accounts, Honeywell Flour Mills applied for discharge of the orders
07/19/2023
NDPC investigates firms for data breaches
We are currently investigating about nine major organisations, an insurance firm, a school, and a consulting firm.
07/18/2023
PoS operators divided as new charges commence
“We call on the Central Bank of Nigeria to review this cashless policy and increase the withdrawal limit for PoS operators and mobile money agents via the ATM counter, and other channels.”
07/18/2023
New finance laws for South Africa – here are the changes
The new law does not include previously planned amendments to the Financial and Fiscal Commission Act.
07/14/2023
E-Naira: CBN denies competing with banks
e-Naira is not to replace the naira, it’s not to replace the existing payment system infrastructure we already have.
07/14/2023
Rand surges in South Africa – but it’s not plain sailing
As a result, the tamer inflation dented the dollar – strengthening the rand.
07/13/2023
Catch-22 for South Africa, says Reserve Bank
Recent capital flows into South Africa have permitted the build-up of a large sovereign debt position, which has eroded potential growth, the governor said.
07/13/2023
Investors-confidence now boosted, says NGX
He added that the Exchange would also increase its advocacy for listed companies on their challenges.
07/13/2023
New laws to tackle corruption and protect whistleblowers in South Africa
“Whistleblowers need to be encouraged to report instances of fraud and corruption and need to be protected from victimisation, prejudice, or harm.”
07/11/2023
Warning over new bank scam in South Africa
The FSCA said that consumers must exercise extreme vigilance and caution when approached by unknown individuals or organisations asking for this.
07/10/2023
African and global institutional investors sign on to new $500m infrastructure fund
The African Development Bank is investing $20 million in equity in the Africa50 Infrastructure Acceleration Fund.
07/07/2023
King Charles begins unemployment scheme in Nigeria
The Chief Executive Officer of Prince’s Trust International, Will Straw, said the initiative was billed to commence in the aftermath of King Charles’ visit to Nigeria in 2018 but was delayed due to the outbreak of the Covid-19 pandemic.
07/07/2023
Money laundering: CBN places Cameroon, Vietnam, Croatia on watchlist
The Financial Action Task Force is an international body whose purpose is to develop and promote measures to combat money laundering, terrorist and proliferation financing.
07/07/2023
South African rand slightly stronger as dollar slips
At 0650 GMT, the rand traded at 18.7550 against the dollar , around 0.15% stronger than its previous close