10/27/2021
A central bank spokesman did not immediately respond to a request for comment. In February, the central bank barred financial institutions from dealing in or facilitating transactions in cryptocurrencies.
10/26/2021
Efforts by member states to strengthen domestic macroeconomic frameworks reduce the inordinate bureaucratic delays that severely constrain trade must be encouraged.
10/26/2021
All investments will uphold the highest standards of impact and environmental, social and governance (ESG) work.
10/25/2021
While acknowledging that Shiftly is not a client of the bank, de Villiers however suggests it is curious that Standard Bank — which once rejected his company’s attempt to open an account — maintains a business relationship with its rival
10/25/2021
The Covid-19 pandemic exposed serious gaps in African national health systems and overwhelmed capacity to test for and treat the disease.
10/25/2021
Central banks around the world, most notably in China, the United States and the United Kingdom, are actively considering whether to adopt or create their own CBDC.
10/22/2021
Under Mnangagwa’s reign, the businessman came to dominate Zimbabwe’s fuel, platinum, and gold sectors.
10/22/2021
The Mauritius International Financial Centre remains a competitive and attractive jurisdiction and a domicile of choice for structuring investments in Africa and Asia.
10/22/2021
The Swiss lender helped to arrange nearly $1bln in bonds plus a syndicated loan between 2013 to 2016
10/22/2021
The Income Tax Act, 58 of 1962 (Income Tax Act), sets out rigid requirements that must be met before employees can claim a tax deduction for home office expenses, and there will be no relaxation of these tax rules because of COVID-19.
10/21/2021
Cum-ex is in the jargon of investment banking, a complex type of trading "strategy".
10/20/2021
Open APIs do not involve the sharing of login credentials and are widely considered a more secure way of giving third-party providers access to customers’ financial information to enable the provision of enhanced services than screen scraping.
10/20/2021
Overall FINMA concludes that the Group’s risk management in connection with the Mozambique loans was seriously deficient.
10/20/2021
Credit Suisse has also agreed with the FCA to forgive US$200 million of debt owed by the Republic of Mozambique as a result of these tainted loans.
10/19/2021
The Bank Zero App caters for most South African businesses with turnovers from small to in the billions.
10/18/2021
Monetary policy is very significant because it determines the growth of liquidity or money supply in the economy and its relation to the growth of production.
10/18/2021
Godongwana said rather than recount the problems South Africa faces, it was important to put "recovery and reconstruction" front of mind on the agenda.
10/15/2021
Analysing the provision in Tax Alert published on its website, PwC stated that the 50 per cent requirement to be paid of a yet to be determined tax liability inhibits the right to fair hearing and justice in addition to conflicting with an enabling law.
10/15/2021
NII is a key driver of revenue, accounting for between 45% and 60% of lenders' total income.
10/14/2021
The CBN disclosed this in a circular introducing the Guidelines on Operations of PAPSS in Nigeria, signed by the Director, Trade and Exchange Department, CBN, Dr Ozoemena Nnnaji.