05/06/2021
The apex bank noted that the action of the board of the FBN sent a negative signal to the market on the leadership of the board and management, stressing that it queried the board because of negative developments.
05/05/2021
Wealth Migrate SA (Pty) Ltd has been approved as a Category I Financial Services Provider
05/05/2021
It is expected to help provide financial assistance to South Africans who are most in need.
05/04/2021
This was a drop from 0.17 per cent of Sh691.8 billion traded in 2019 and 0.56 per cent of Sh655.1 billion in the prior year.
05/04/2021
The bill would amend the current Pension Funds Act to allow pension fund members to obtain a loan, secured by a guarantee from a registered pension fund, to alleviate financial pressure during an emergency.
05/03/2021
Reverend Daniel Ogbarmey Tetteh further noted that the Commission also is set to complete the asset management bailout programme, following the approval of GHS5.5 billion by Parliament.
05/03/2021
The NewGold ETF, which is the largest gold ETF in Africa and the first in East Africa, was listed on the Nairobi Securities Exchange in 2017.
04/30/2021
It is expected, however, that in the next few years, 60% of the demand for Shariah-compliant products will come from those aged between 25 and 50 years.
04/30/2021
For years, the CBN has used Adeduntan as a check against attempts by directors of First Bank to secure insider loans, a major source of conflict between the CBN and Oba Otudeko.
04/29/2021
The Committee, headed by Kirinyaga Senator Charles Kibiru, on Wednesday called for the tabling of the due diligence reports for the transaction from CBK, Ernst&Young (financial advisors) and the lawyers who drafted the agreement for the transaction.
04/28/2021
While there is no doubt this is a profitable sector with over 11 companies, there are still fears it could be exploited for financial crimes.
04/27/2021
The Financial Action Task Force, based on its fourth round of mutual evaluation
04/26/2021
With Chinese presence in Mauritius dating back to the 1800’s, the diplomatic relationships between the two countries have actually started strengthening since 1972, culminating into China’s first free trade agreement with any African nation.
04/23/2021
The AGM was held virtually due the prevailing COVID-19 pandemic and streamed live to shareholders of the financial institution.
04/21/2021
The regulator last Friday instructed the KDIC to start the liquidation of Chase Bank’s remaining assets to salvage some money for customers who had more than Sh100,000 each in the bank.
04/21/2021
This judgment opened the door for the development of the common law by interpreting the order in a manner which did not limit the manner of payment.
04/20/2021
The Treasury normally sells the hard currency proceeds of external loans to the CBK in exchange for shillings
04/20/2021
Nigeria’s SEC has now revealed that it has been seeking to find a way around the ban, working with the banking watchdog.
04/19/2021
The IJLS plays a key role in the professional development of barristers, attorneys and notaries in Mauritius
04/19/2021
The report indicates that considering the weak status of Chase’s financial position, liquidation is the only feasible option,” said CBK.