02/07/2022
CRR: CBN Debits Zenith Bank, Providus, FCMB, 11 Others N356.1bn
A breakdown showed that Zenith Bank and Providus were debited N170 billion, N40 billion respectively.
02/07/2022
South Africa is set to reintroduce an ‘exit tax’ – but don’t be too hasty
A case in point is the recent proposal to levy an exit tax on the retirement interests of South Africans planning to emigrate.
02/06/2022
P2P lending in Mauritius: How Fundkiss is constantly innovating to Keep It Smart and Simple
To give a brief overview of what P2P lending is all about, such platforms bring together people looking to invest money with prospective borrowers who are looking for a loan.
02/04/2022
The new legislation will require anyone wishing to trade cryptos to obtain a license from the regulator of non-banking financial institutions.
02/04/2022
The Speaker of the House, Mr Femi Gbajabiamila, who presided over proceedings, referred the bill to the Committee on Banking and Currency soon after it passed the second reading.
02/03/2022
Gold exports are zero-rated for VAT. Buying gold scrap locally however carries the standard 15% VAT.
02/03/2022
According to the central bank, the disposal follows concerns that old currency notes remain in circulation despite the government printing new ones in recent years.
02/02/2022
Godongwana said that South Africa’s debt costs are growing and are beginning to crowd out service delivery
02/01/2022
Focus in the week remained on central banks
02/01/2022
The regulation of digital lenders will afford more protection to borrowers when it comes to consumer protection and data privacy; however, only time will tell if the new legislation will enable rather than stifle innovation given the new compliance requir
01/31/2022
The order gave effect to the changes in the Companies Act
01/31/2022
Families whose expressions of interest included older teenage children – who could not work or go on to university as domestic students without a residence visa – were among those prioritised in the first applications in December.
01/31/2022
Banks must also be proactive and strengthen internal risk management frameworks
01/28/2022
Mr Kok’s arguments against vaccination included his right to religious freedom, the experimental nature of the vaccine and the efficacy of his natural immunity against COVID-19.
01/28/2022
Losses reported by the victims of the various types of banking scams exceeded R295m in 2021
01/28/2022
Now, as we start a new year, organisations should interrogate how effective the measures they have implemented are and whether any changes need to be made.
01/28/2022
This means that In today’s digital age, customers could perform different banking transactions from the comfort of their homes and offices.
01/28/2022
The decision was split 4-1 between members of the Monetary Policy Committee
01/27/2022
Kenya's apex bank retains benchmark rate at 7 pct as economy picks up
It said overall inflation declined to 5.7 percent in December 2021 from 5.8 percent in November, mainly due to lower food prices.
01/27/2022
Banks push for risk-based lending but experts differ
Kenya has been working ton the model since repealing the interest capping law in 2019