02/16/2024
Despite solid economic growth, an array of challenges will weigh on borrowers' creditworthiness and create difficult operating conditions for banks through 2024,” said Moody’s in its analysis.
02/15/2024
We are supporting our customers by way of restructures to align monthly repayment amount with their current (lower) income levels
02/15/2024
On a practical level, the impact is being felt with the European Union adding South Africa to a list of high-risk countries in May.
02/14/2024
The NSE All Share Index (Nasi) also closed Tuesday’s trading down a point from Tuesday last week with the NSE20 -index retreating by four points over the one week.
02/14/2024
Citi and Standard Group, the advisors on the redemption of Kenya’s debut Eurobond
02/14/2024
In November, Godongwana signalled that he would announce new tax measures to raise an additional R15 billion in his Feb. 21 budget.
02/14/2024
Since January 2024, the Bank of Ghana has been sensitising banks and other regulated entities on what is required from them to make the NRA a success.
02/12/2024
According to the Central Bank of Kenya (CBK) data, remittances from Kenyans living and working abroad have averaged $3.56 billion
02/12/2024
This is being done as part of the tax authority's intensified crackdown on tax evaders and individuals benefitting from illicit wealth.
02/09/2024
In January last year, the Treasury Cabinet Secretary signed the Tax Procedures (Common Reporting Standards) Regulations, 2023
02/09/2024
The directive came at the public hearing of the Committee, at Parliament House in Accra, when Prof Attafuah made an appearance in Parliament House.
02/08/2024
The applicant is entitled to be paid five–7.5 percent of the total revenue of the PCM product from March 2001 to date of judgment by the second respondent, together with the...interest thereon,” reads the judgment.
02/08/2024
The new funding is expected to ease jitters on Kenya’s ability to meet the maturity of its debut Sh320.6 billion ($2 billion) in June by ensuring the availability of hard currency.
02/08/2024
It also expressed an anticipation of a modest improvement in the valuation of the naira consequent on the effective implementation of the CBN’s reforms.
02/08/2024
This means that external debts accounted for 74 percent of the additional stock on the public debt.
02/07/2024
In a statement on Saturday, the Department of Employment and Labour said the new NMW will come into effect from 1 March 2024
02/07/2024
Dollar shortages are a major constraint in Africa's largest economy
02/06/2024
CBK governor Kamau Thugge on Monday met bank CEOs and senior staff from treasury department in which he sought to reassure them of access to dollars
02/06/2024
The FCCPC boss noted that such actions, which breach the regulatory guidelines, were not acceptable methods for debt recovery.
02/05/2024
CBK data shows that core inflation edged up to 3.6 percent in January 2024 from 3.4 percent in December, a three-month high rate.