06/15/2021

Zimbabwe: Pension Funds, Insurers Get New Guidelines

Related to this, the updated guideline for insurance firms also made it explicitly clear that such funds are not required to set up sub-accounts provided they acquired the Paid-Up Status prior to December 2018.

06/14/2021

South Africa to regulate Cryptocurrency trading

The IFWG paper also highlighted that the recent Ponzi scheme of a Bitcoin trader late last year and other cases of market abuse has brought about the need for tighter rules around the cryptocurrency market in the country.

06/11/2021

Sh5m payout for tax evasion whistleblowers

“This will encourage receipt of voluntary information to KRA thereby bolstering tax compliance and revenue collection,” Mr Yatani said in his Budget speech yesterday.

06/09/2021

UBA, DEG unveils $50m loan support for SMEs

According to Tilemann, the funding provided by DEG is partly supported by EB-SME Finance Fund Emerging Markets, while the fund’s adviser is a 100% subsidiary of Evangelische Bank (EB).

06/09/2021

SEC targets $85bn global social bonds market

The proposed rules also stated that eligible projects should also target people living below the poverty line, excluded and/or marginalised populations and/or communities, vulnerable groups, and with disabilities.

06/07/2021

Terragon Become First Africa Company To get CDP Verified

Terragon has also integrated a Facebook solution, called Facebook Conversions API to capture important online and offline through performance-based campaigns, such as customer acquisition, app install, a lead generation without cookies.

06/07/2021

Bridging gaps in remittances with new solutions

The economic benefits of remittance inflows to Africa have contributed to the funding of cash and non-cash investments, thus fueling new businesses, settling family debts and reducing income inequality.

06/04/2021

CBN disburses N253bn to households, SMEs

The Creativity Industry Financing Initiative (CIFI) has also provided loan facilities for 341 beneficiaries across movie production, movie distribution, music and software development.

06/03/2021

Operators Warn against Cybercrime

In his welcome address, the President of NCS, Prof. Adesina Sodiya said NCS observed that cyber attacks in Nigeria was on the increase, based on current local and International reports that were alarming.