06/29/2022
Some of the traders who spoke on the initiative, commended the apex bank for introducing eNaira, saying that it would help in solving the long wait experienced in transferring cash.
06/28/2022
The UK has agreed to guarantee $2 billion of the debt the African Development Bank has extended to governments on the continent, allowing the lender to free up finance for climate-related projects.
06/28/2022
“A year later, in Q1 2021, this number remained much the same, at 36.2%. In 2020, the NMW was adjusted by 3.8%, and wages appeared to have risen by roughly this amount for those who remained employed in Q1 2021, meaning that the overall rate of non-
06/28/2022
As part of his presentation, Momoniat focused on five main areas, including the new retirement system for South Africa and the government’s plans to address flaws in the current system.
06/27/2022
The late Mugabe, who ruled Zimbabwe between 1980 and 2017 with an iron fist, was at the loggerheads with the Commonwealth over alleged human rights abuses and electoral fraud.
06/24/2022
The government has identified required interventions at two levels.
06/24/2022
This means that there are no longer any laws or regulations mandating mask-wearing.
06/24/2022
“It seems that the SCA’s basis for this decision was that the relationship between a bank and a client is a contractual one,” he said.
06/24/2022
This restriction remains in place.
06/23/2022
FICA is aimed at the identification of the proceeds of unlawful activities, combatting money laundering and combatting the financing of terrorist and related activities.
06/23/2022
The forum focused on the risk factors emerging from open banking system and how best to tame them.
06/22/2022
The companies viewed Nedbank’s conduct as unjustifiable and unlawful and instituted proceedings to claim damages in the amount of ZAR181 103.31, together with interest and costs.
06/22/2022
This would be the first time since March 2017 that inflation tops the upper limit of the South African Reserve Bank’s inflation target range
06/21/2022
Manufacturing requires patient capital which can be invested for a long period of up to five to ten years and even more.
06/21/2022
This is the verdict of the World Bank in its latest report titled, “Nigeria Development Update June 2022
06/21/2022
The products and services he stated, must meet the needs of individuals and businesses and must be delivered sustainably and responsibly
06/20/2022
The hike in MPR was the first time in two and a half years that the policy-setting committee of the nation’s financial regulator would increase the rate.
06/20/2022
They allow applicants to continue to work remotely and, unlike the current RBI and CBI schemes, they do not require applicants to buy real estate.
06/20/2022
These inflation figures, which are not unique to South Africa, are expected to be felt across the global markets as central banks look to rate hikes to bring them under control.
06/17/2022
It is on record that globally, after the first Central Bank Digital Currency (CBDC) known as Sand Dollar was launched by the Bahamas in October 2020, Nigeria came second barely a year after with the launch of the eNaira.