Bank & Finance

Jun 30, 2018
Consumer watchdog Summit has withdrawn all assisted and initiated court and National Credit Regulator (NCR) cases it brought against Capitec.   The principle contention in these cases was against Capitec's…
Jun 29, 2018
The Federal Government of Nigeria received N3.211 trillion as Petroleum Profits Tax (PPT) and Royalties from the third quarter of 2015 to third quarter of 2017, according to the Economic Report…
Jun 27, 2018
JOHANNESBURG - Old Mutual Plc returned to its South African roots on Tuesday when it listed its $11 billion African financial services business in Johannesburg, a move which largely completes a…
Jun 25, 2018
The SA Bureau of Standards (SABS) has been strongly criticised by business, which says the entity is losing the country at least R4 billion a year in exports in the…
Jun 25, 2018
Bitcoin dropped to the lowest level this year as pressure mounts on the embryonic digital-currency sector, with global central bankers raising questions of viability and government regulators increasing scrutiny.  …
Jun 25, 2018
I&E Window transacts $900m, as reserves stagnate at $47.6 billionThere was near excess in the quantity of money in circulation last week, save for the increased mop up exercise by…
Jun 18, 2018
The Central Bank of Nigeria (CBN) has authorized the use of Renminbi (RMB) instead of dollar by Nigerians to import some specific goods from China to achieve maximum benefit in…
Jun 19, 2018
The Chairman of International Chamber of Commerce Nigeria (ICCN) and Regional Coordinator, Sub-Saharan Africa, Babatunde Savage, has reiterated the urgent need for restructuring of government’s spending in favour of capital…
Jun 18, 2018
Harare — Parliament backed down Monday from its demand for former president Robert Mugabe to answer questions related to diamond mining operations during his time in office.   In what…
Jun 17, 2018
Domestic and cross-border Initial Public Offering (IPO) capital raising by African issuers in H1 2018 increased by 33% year-on-year to USD 396 million, while volume grew by 25% to 5…
Jun 16, 2018
Barclays Africa Group Ltd. may halve the number of top jobs at its South African retail and business bank as it reorganizes after its British parent cut its stake, according…
Jun 13, 2018
The Federal High Court, Abuja has stopped the trial of the National Commandant, Peace Corps of Nigeria, Mr. Dickson Akor in the case preferred against him by the Nigerian Police…
Jun 13, 2018
Foreign exchange, forex, sales by the Central Bank of Nigeria (CBN) was dominated in 2017 by Forwards contracts which accounted for $11.2 billion or 70 percent of total sales. Unlike…
Jun 13, 2018
Kester Kenn Klomegah based in Moscow Experts on regional strategic policy have urged BRICS member countries to step up efforts towards setting up its own credit rating agency as an…

  1. Opinions and Analysis

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