08/15/2022
Reserve Bank of Zimbabwe 'Developed a Roadmap for Adoption of CBDC,' Says Governor
Mangudya also revealed that two fintech startups had been admitted into the central bank’s fintech regulatory sandbox.
Regulation,Tax & Compliance
08/15/2022
Kenya’s bancassurance firms dwindle 70% on regulation changes
Insurance regulator says some lenders have not complied with new rules , more approvals soon
08/15/2022
Banks Only! SARB keeps banking sector exclusive
Sekunjalo had offered to immediately commit R250 million to Ubank’s recapitalisation and pledged to locally raise a further R250m.
08/15/2022
Why are the World Bank’s Ambitions for SDG4 so mediocre in West Africa?
The goal which is focused on education aims to “ensure inclusive and equitable quality education, and promote lifelong learning opportunities for all.
08/12/2022
Rwanda makes biggest interest rate rise to 6pc
The uptick in inflation is expected to undermine the country’s economic growth prospects
08/12/2022
‘Nigerians have embraced non-interest banking’
Answering questions on the bank’s impact in the last 10 years, Hassan Usman explained that it has successfully grown from three branches at inception to over 45 branches across the country.
08/10/2022
10 things you need to know about South Africa’s proposed two-pot retirement system
The new system is planned for 1 March 2023, although the Treasury said that this is probably optimistic.
08/10/2022
Pension complaints and solutions
PENCOM: Your application has been received and processed; payment is subject to release of funds from the Federal Government.
08/09/2022
FG to implement telecoms, beverage taxes in 2023
“Beyond making our position known, we will go behind the scenes and go against any policy that will destroy the digital economy sector. We will go to any extent to legitimately and legally defend its interest.”
08/09/2022
Tanzania's central bank proposes liquidity mop up amid rising inflation
The Monetary Policy Committee (MPC) of the Bank of Tanzania has agreed on a plan to mop up excess liquidity in the country's economy in a bid to tame inflation.
08/09/2022
Libyan, Tunisian Central Banks to enhance cooperation
The MoU aims at developing financial transactions, launching initiatives and training Libyan youth to keep pace with development in the banking field.
08/08/2022
Banks Shun Lending to Real Sector as Deposit With CBN Surge by 12%
The applicable interest rate on SDF moved to 7 per cent at an asymmetric corridor of +100/-700 basis points around the 14 per cent MPR in July 2022.
08/08/2022
Banks fingered for undermining regulatory authorities in SA, developing countries
Talking to SABC’s Vuyo Mvoko recently, Bonakele reflected that the banks were among the worst in the world when it came to supporting the economy.
08/05/2022
Banking sector fraud: Clari5 partners CWG Ghana to provide real-time Anti-Fraud solutions
The partnership is coming at a time the Bank of Ghana recently announced that GH¢61 million was lost to banking sector fraud in 2021 as compared to a loss of GH¢25 million in 2020—representing a 144percent increase in year-on-year terms.
08/05/2022
Uganda central bank's tight monetary policy may impact markets: IMF
Fund supports move to control inflation by tightening liquidity
08/05/2022
Ghana will not default in Eurobond repayment – Report
IC Securities said the IMF bailout provides policy direction, but will not avert an imminent debt restructuring.
08/03/2022
The consequences of your attorney binding you without your mandate
The SCA found that in the interest of justice, the minister should be held liable in terms of the settlement agreements
08/02/2022
Access, DFC Sign $280m Financing Deal For SMEs
Other members of the delegation met with members on the Energy Transition Team within the Office of the Vice President.
08/02/2022
IFC and Absa Bank Partner to Increase Affordable Housing Finance in South Africa
The loan is expected to contribute to developing South Africa's sustainable finance market by introducing a novel, replicable instrument to raise additional financing for affordable housing and other social causes
08/02/2022
Treasury drafts plan to lift retirement savings in South Africa
South Africa’s savings rate climbed to 20% of gross domestic product by 2021