07/30/2021
Ghana Vice President Praises Central Bank's CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade
He said the Ghanaian government is ready to “give it the needed credibility and legal backing for usage.
Regulation,Tax & Compliance
07/30/2021
High borrowing starves businesses of funds - BoG
The central bank added that while the banking sector had remained solvent, liquid, profitable and well-capitalised, its ability to support private sector growth and the economic recovery agenda drive in 2021 had weakened due to a moderation in credit disb
07/30/2021
Walkers London launches EMEA-based Bermuda law practice
Walkers' London office provides time-zone sensitive Bermuda law support to clients in the EMEA region across the full range of legal services
07/30/2021
Guernsey’s finance hub strengthened with growing relationships with South Africa
The benefits of Guernsey as a jurisdiction are well known in South Africa, notably its solid, world-class legal and regulatory framework offering investor protection and the established and experienced professional services available on the island.
07/29/2021
Cybercrime is a life-threatening emergency – it must be stopped
The African Continental Free Trade Area (AfCFTA) agreement provides a further incentive to really step on the gas.
07/29/2021
State freezes R100m in bank accounts linked to diamond dealer Louis Liebenberg
The order was granted in terms of section 39 of the Prevention of Organised Crime Act, which allows a high court to freeze assets if "reasonable grounds" exist to believe that the proceeds may result from unlawful activities.
07/29/2021
Hard-hit South Africans might be allowed to withdraw pension money soon, Mboweni says
Mboweni said that workers should be able to access a percentage of their pension fund "in this time of difficulty".
07/29/2021
HSBC faces questions over disclosure of alleged money laundering to monitors
Bank was under supervision by US Department of Justice-appointed team because of previous violations
07/28/2021
Pension complaints and solutions
Somebody retired in June 2020 and up till now, the lump sum has not been paid.
07/28/2021
Pension Scheme And its Many Challenges
Recently, stakeholders in the pension sector took a critical review of the on going Contributory Pension Scheme (CPS) in the country to determine its achievements and failures after 17 years.
07/26/2021
NIFIAN Explores Risk and Return Sharing Concepts in Nigeria's Non-Interest Finance Market
Giving a presentation on "Risk and Return Sharing in Non-interest Banking: Catalyst for Business and economy recovery".
07/23/2021
Cellulant Gets Approval from Bank of Tanzania to Become a Payment Solution Service Provider (PSSP)
This approval makes Cellulant one of the top Payment Solution Service Providers (PSSP) in Tanzania endorsed by the BOT to provide digital payments solutions across the nation.
07/23/2021
African Development Bank Group, Ethiopia, sign $118 million in grant agreements to support agro industrial park, youth employment and Ethiopia-Djibouti power interconnection
The grant agreements were signed on 21 July 2021 by Ethiopian Finance Minister Ahmed Shide, and Kamara.
07/23/2021
Seychelles: African Development Bank approves $20 million loan to support Covid-19 recovery
The Bank’s financing will complement funds from the World Bank and the International Monetary Fund in support of reforms that will benefit Seychelles’ private sector, dominated by small enterprises.
07/22/2021
Norton Rose Fulbright LLP and Save the Children launch global strategic partnership
Save the Children operates in more than 100 countries including the UK.
07/22/2021
Damage to African Bank branches ’extensive’
The bank was quantifying the losses and conducting site assessments so that branch sites could be reinstated as quickly as possible, but this would take time to occur.
07/21/2021
Pension complaints and solutions
Kindly assist me to wipe my tears away by telling them to implement my monthly pension that was stopped sometimes last year due to double PIN.
07/20/2021
Appleby Mauritius successfully obtains Interim Relief under the International Arbitration Act 2008.
Such interim relief had to be sought before the Supreme Court of Mauritius against the backdrop of a challenge as to the juridical seat of arbitration.
07/20/2021
Beware of ATM scams and fraudsters
And despite various campaigns aimed at informing citizens of the risks, more and more South Africans seem to be falling victim to these scams.
07/20/2021
Inheriting from South Africa in 2021 and beyond: What expats need to know
If you’re a South African living overseas and due inheritance from a South African estate, here’s what you need to know about the new process now that financial emigration has been phased out.