05/20/2022
Nigeria wants banks, startups, and retailers to share customer data
More services would invite more people into the financial system, growing the economy and quality of life.
05/20/2022
Dean D’Sa, Founding Partner, IZAR: “FSC guidelines on green bonds are important as they set a minimum standard”
The legal infrastructure has not changed which is good because when structuring deals, you really want to have the comfort of stability.
05/18/2022
Ubank is a small lender
05/13/2022
Banks have withstood the crisis well, helped by liquidity support from Central Bank of West African States and policies to support domestic demand.
05/12/2022
The bank urged the CAR to comply with CEMAC in promoting economic and financial cooperation and avoiding policies that may lead to monetary fluctuations.
05/12/2022
The number of complaints the Ombudsman for Banking Services adjudicated increased by 7% compared to 2020.
05/11/2022
Auditing watchdog sounds alarm about accounting standards in SA
"In the absence of such a body, there is a risk that there is self-regulation happening in the country, where interpretation of accounting standards is done by the private sector itself, which is such a risk,"
05/09/2022
The southern African country reintroduced a local currency in 2019 after abandoning it in 2009 when it was hit by hyperinflation
05/04/2022
Under the current regulations, a person is considered an ‘older person’ from 65 as a man and from 60 as a woman.
04/29/2022
The publication went ahead to mention the names of certain Wema Bank management staff to be allegedly involved in the said transaction.
04/28/2022
Stanchart’s staff costs declined to Sh6.5 billion in the year ended December from Sh7.8 billion a year earlier as it benefitted from the cumulative cost cuts.
04/28/2022
The bank’s total assets also increased by 1.4 per cent from N492.3 billion in 2020 to N499.2 billion in 2021.
04/27/2022
This loophole works because the beneficial owner of an account is not always reported under the OECD’s standard (CRS) and is never reported by the US under the inter-governmental agreements (IGAs) related to the Foreign Account Tax Compliance Act (F
04/27/2022
Kenya will access $244 million, bringing the total IMF support in a 38-month financing facility to $1.17 billion under the Extended Fund Facility (EFF) and Extended Credit facility (ECF).
04/27/2022
Combined caseloads from the International Centre for Settlement of Investment Disputes (ICSID) that involve at least one party from a sub-Saharan African state have also risen, nearly tripling.
04/26/2022
Andorra, Macau (China) and Tunisia ensure that MAP agreements can always be implemented notwithstanding domestic time limits.
04/26/2022
There are historical links between Jersey and South Africa, too.
04/25/2022
Project Khokha 1 examined the use of blockchain for interbank settlements by successfully replicating some functions of the South African real-time gross settlement (RTGS) system on blockchain.
04/25/2022
The Bank has already engaged its solicitors to institute appropriate l0egal action.
04/22/2022
Financial institutions interested in obtaining payment services including ACH, cash, check and wires can open an account or receive services from the Federal Reserve.