30-10-2014 22:52:00 | by: Administrator | hits: 23991282 | Tags:

South African Reserve Bank imposes administrative sanctions on Discovery Life
16-04-2021 | 11:42:18
The South African Reserve Bank (SARB), imposed administrative sanctions on Discovery Life and directed the life insurer to take remedial actions.
[Kenya] CMA commences enforcement hearings on Imperial Bank bond issue
14-04-2021 | 14:12:04
In line with its investor protection mandate, as affirmed by the Supreme Court, the Capital Markets Authority (CMA) commenced its enforcement proceedings against former board members of Imperial Bank.
[Nigeria] DPR inaugurates alternative dispute resolution centre in Lagos
14-04-2021 | 06:26:21
The Department of Petroleum Resources (DPR) has concluded plans to inaugurate the Advisory Council and Body of Neutrals of the oil and gas industry’s Alternative Dispute Resolution Centre (ADRC) in Lagos.
South African Reserve Bank imposes administrative sanctions on Deutsche Bank
13-04-2021 | 08:03:00
The South African Reserve Bank (SARB), imposed administrative sanctions on Deutsche Bank AG - Johannesburg Branch (Deutsche Bank) and directed the bank to take remedial actions.
Law firm Al Tamimi & Company grows MENA footprint with new office in Egypt
08-04-2021 | 16:38:51
Al Tamimi & Company will provide critical guidance to companies navigating complex cross-border transactions in the maritime, shipping and customs sectors.
DPR revokes Addax Petroleum oil mining licenses in Nigeria
08-04-2021 | 09:26:42
Nigeria's Department of Petroleum Resources (DPR) has revoked four Oil Mining Licenses (OML) belonging to Addax Petroleum due to the non-development of the assets by the petroleum company.
PetroNor recommences arbitration regarding its Senegal licences
06-04-2021 | 08:38:48
PetroNor, the independent oil and gas exploration and production company with a focus on production, development and exploration assets across sub-Saharan Africa, announced it has been unable to reach a satisfactory solution with Senegal.
ENSafrica expands exclusive WSG membership in Africa
23-03-2021 | 08:08:37
World Services Group (WSG) announced that ENSafrica has expanded its global membership with five new jurisdictions in Africa in addition to South Africa and Mauritius: Ghana, Kenya, Namibia, Rwanda and Uganda.
Eni acquitted in Nigeria-OPL 245 trial
18-03-2021 | 06:42:11
In relation to the Nigeria-OPL 245 trial, Eni has welcomed the judgment of full acquittal of all charges, since there was no case, by the Court of Milan.
African Legal Support Facility receives £2.6m from Norway, UK, to boost debt management capacity
03-03-2021 | 06:59:00
The governments of Norway and the United Kingdom have extended grants of around £2.6 million to the African Legal Support Facility (ALSF) to support its activities over the next two years.
African Legal Support Facility receives €6m grant to fund work in low-income countries
03-03-2021 | 06:52:00
The Netherlands Ministry for Trade and Development Cooperation is extending a €6 million grant to the African Legal Support Facility (ALSF), to support the ALSF’s work providing legal and technical services to low-income countries.
Andersen solidifies Africa platform
23-02-2021 | 13:49:11
Following its rapid expansion in Africa, Andersen Global is now unifying its African member firms under the brand “Andersen.”
Centurion Law Group advises Panoro Energy on its acquisition of Tullow’s Oil asset in Equatorial Guinea
22-02-2021 | 11:45:57
Pan African Law Conglomerate, Centurion Law Group has acted as local counsel to Panoro Energy ASA on the $105 million purchase of all Tullow Oil PLC (Tullow) assets in Equatorial Guinea.
Legal technology budgets to increase threefold by 2025, Gartner report
16-02-2021 | 13:22:51
Legal technology budgets will increase threefold through 2025 as general counsel face unprecedented pressure both in terms of managing legal workload and driving efficiency in their departments, according to Gartner, Inc.
[Column] Pablo Mitogo: Why are companies in Equatorial Guinea spending money in times of crisis?
11-02-2021 | 06:32:00
The wave of chaos has also reached companies, especially in small economies such as Equatorial Guinea. Many companies have seen their volume of activity decrease drastically, with subsequent cost reductions. The question remains how does a company reduce costs without drowning the company?
Andersen Global expands into Mauritius
10-02-2021 | 07:11:46
Andersen Global further enhances the depth and breadth of its African platform through a Collaboration Agreement with Mauritius-based law firm Prism Chambers.
Global law firm DLA Piper announces leadership changes in Africa
03-02-2021 | 08:16:00
Global law firm DLA Piper has appointed Peter Somekh as Managing Partner of its Africa practice.
Andersen Global expands coverage in South Africa
02-02-2021 | 06:46:35
Andersen Global has enhanced its presence in South Africa through a Collaboration Agreement with full-service accounting and tax consulting firm SAB&T Business Consulting.
Andersen Global enters Libyan market
25-01-2021 | 06:57:27
Andersen Global continues to reinforce its competitive edge in the African region through a Collaboration Agreement with full-service tax firm Kashadah & Co. in Libya.
Andersen Global enters Malawi
21-01-2021 | 07:13:29
Andersen Global establishes a foothold in the Malawi market through a Collaboration Agreement with Knight & Knight, bolstering its platform on the African continent and adding additional coverage in the eastern region.
AfDB appoints Paula Santos Da Costa as Acting Director, Office of Integrity and Anti-Corruption
18-01-2021 | 07:05:00
The African Development Bank (AfDB) appointed Paula Santos Da Costa as Acting Director, Office of Integrity and Anticorruption, effective 14 January 2021.
[Column] NJ Ayuk: Angolan legal reforms show how Africa can use oil and gas to create jobs
15-01-2021 | 13:38:00
The restructuring of the sector, that resulted in the creation of the ANPG and the reorientation of Sonangol, is arguably one of the greatest achievements of H.E. Diamantino Pedro Azevedo, Angola’s Minister of Mineral Resources and Petroleum who was brought in to reform the sector.
United States, Morocco sign cultural property agreement
15-01-2021 | 07:40:00
The U.S. Ambassador to the Kingdom of Morocco David T. Fischer and Morocco’s Minister of Culture Othmane El Ferdaous signed a bilateral Memorandum of Understanding that protects Moroccan cultural property.
Andersen Global expands operations into Guinea-Bissau
14-01-2021 | 07:01:10
Further developing its African platform, Andersen Global expands its presence through a Collaboration Agreement with law firm Pinto Pereira & Associados, the CRA Law representative in Guinea-Bissau.
Andersen Global expands operations into Congo
08-01-2021 | 06:04:54
Further enhancing its African presence, Andersen Global has entered the Republic of Congo by way of a Collaboration Agreement with tax and legal firm Africa Tax & Legal Services.
[Free Webinar] Incentro Presents: The Kenya Data Protection Act: What it Means For You
09-12-2020 | 14:01:00
With the ever-increasing role and importance of cloud services in our daily lives, it has become critical to ensure the information generated and stored is kept safely and not misused. But are cloud services DPA (Data Protection Act) compliant?
[South Africa] Baker McKenzie’s internal innovation hackathon to find solutions to client pain points in Africa
07-12-2020 | 08:44:57
Baker McKenzie recently held an internal innovation hackathon, during which employees were challenged to design new or improved solutions to pain points that the firm and its clients are currently facing in Africa.
[Kenya] KECOBO secures landmark court order against Internet Service Providers
07-12-2020 | 05:22:00
The landmark order obtained by KECOBO is a sequel to another victory against piracy when the organization dismantled a suspected criminal network of copyright infringers.
[Column] Vianca McCall: Understanding digital signatures in the modern business world
26-11-2020 | 06:42:00
The pen may be mightier than the sword, but in an ever-growing digital world, this small but mighty weapon may well be on its way to extinction.
[Cameroon] Victoria Oil and Gas announces settlement of litigation with CHL
12-11-2020 | 08:34:00
Victoria Oil and Gas (VOG) announced that its wholly owned subsidiary Gaz du Cameroun S.A. and VOG have entered into a confidential Settlement Agreement with CHL, terminating the litigation with CHL and terminating the CHL Royalty Agreement.
[Column] NJ Ayuk: Nigeria’s changing legal regime: Is Africa’s biggest oil producer within reach of a new oil law?
11-11-2020 | 10:45:58
The African Energy Chamber has published a report outlining its short-term predictions for the continent. That report identifies Nigeria as the country with the most potential for increasing hydrocarbon production.
[Column] Wendy Tembedza: Smart contracts adoption could be tripped up by legal validity and privacy laws concerns
04-11-2020 | 12:55:18
Covid-19 forced businesses to accelerate the rate at which they adopt and adapt to technological change. Many businesses are looking to conclude agreements by taking advantage of technology platforms that promise efficiency and cost-savings; including using smart contracts.
[Column] Rubesh Doomun: What lessons can be drawn from the MV Wakashio Incident?
20-10-2020 | 06:28:52
Much ink, and oil, has already been spilled about Mauritius having to deal with an ecological catastrophe. A few weeks before, everything was operating at leisurely speed on the south-east of Mauritius.
Andersen Global expands into Djibouti
16-10-2020 | 07:44:00
Andersen Global has established a presence in Djibouti’s emerging market through a Collaboration Agreement with Djibouti City-based Cabinet Avocats & Associés.
World Bank debars Techno Brain Kenya, Techno Brain UAE for 28 and 10 months respectively
09-10-2020 | 09:56:00
The World Bank announced a twenty-eight month debarment of Techno Brain Kenya, an IT-services company, and a ten-month debarment of its parent company, Techno Brain UAE, in connection with collusive and fraudulent practices.
[Kenya] Rispah Simiyu appointed new KRA Domestic Tax Commissioner
08-10-2020 | 08:10:00
The Kenya Revenue Authority (KRA) has appointed Rispah Simiyu as the new Commissioner for Domestic Taxes, effective 22nd October 2020.
Andersen Global expands into Algeria
24-09-2020 | 13:29:33
Andersen Global hass announced it entered the Algerian market by way of a Collaboration Agreement with full-service tax firm Cabinet Hadj Ali.
PetroNor, Gambian government reaches mutual agreement to settle arbitration on A1, A4 licenses
21-09-2020 | 06:14:00
PetroNor announced that the company has reached a mutual agreement with the Government of The Gambia to settle its arbitration related to the A1 and A4 licenses.
[Column] NJ Ayuk: It’s time for the legal profession to embrace change
09-09-2020 | 09:49:33
Under the best economic circumstances, paying for legal services can be difficult for small businesses and startups.
CenturionPlus to support Mozambique’s economic and energy boom with in country presence
07-09-2020 | 07:10:00
Centurion Law Group announced the launch and opening of its lawyers-on-demand service CenturionPlus in Mozambique.
Andersen Global grows East African footprint with entry into Burundi
04-09-2020 | 06:30:32
Andersen Global continues to expand its platform in East Africa through a Collaboration Agreement with Burundi-based CN & Associates.
Andersen Global enters Sudan
31-08-2020 | 12:17:31
Andersen Global has entered into a Collaboration Agreement with the law firm Ali Gailoub and Samia El Hashmi in Sudan.
Kenya Association of Air Operators writes to Parliament over KQ, KAA Merger Bill
31-08-2020 | 07:46:00
A Bill that seeks to bring “through the back door” the previously proposed and rejected merger between troubled Kenya Airways and the Kenya Airports Authority is before Parliament.
Bank of Mauritius revokes banking licence of Century Banking Corporation
26-08-2020 | 09:13:30
The Bank of Mauritius, acting under section 17 of the Banking Act 2004, revoked the Islamic Banking Licence of Century Banking Corporation (CBC) with immediate effect.
COMESA,EAC, SADC develop electronic Corridor Trip Monitoring System
25-08-2020 | 09:58:00
A regional electronic Corridor Trip Monitoring System which will allow cross border road transport operators, drivers, regulators and law enforcement agencies to record and monitor driver wellness data has been approved by the Tripartite group.
Andersen Global expands into Eritrea
24-08-2020 | 10:40:04
Andersen Global further expands its regional coverage in East Africa through a Collaboration Agreement with Berhane Gila-Michael and Associates, the oldest and largest law firm in Eritrea.
Andersen Global launches operations in South Sudan
21-08-2020 | 06:47:00
Andersen Global continues to strengthen its presence in Africa through a Collaboration Agreement with Ajo & Co. Advocates, one of the largest law firms in the Republic of South Sudan.
Andersen Global teams up with Juri Partner to expand into Mali
17-08-2020 | 09:48:00
Andersen Global has announced its debut in Mali through a Collaboration Agreement with Bamako-based tax and legal firm Juri-Partner.
[Rwanda] RDB, Ministry of Justice launch electronic system for execution of enforcement orders
14-08-2020 | 06:12:00
The Ministry of Justice, in partnership with the Rwanda Development Board (RDB), have launched a digital bidding platform that is aimed at making the enforcement of orders more efficient and transparent.
WCFCB prepares to cover domestic workers in Zambia
13-08-2020 | 11:52:00
In an effort to cover the informal sector in Zambia, Workers’ Compensation Fund Control Board (WCFCB) has embarked on a programme to extend social protection to the informal economy and domestic workers will be given priority this year.
Andersen Global expands into Gabon
12-08-2020 | 06:04:00
Andersen Global announces its expansion into Gabon through a Collaboration Agreement with Libreville-based Business & Law Consulting.
[South Africa] Eskom, SIU initiate steps to recoup funds from former executives
07-08-2020 | 13:55:00
Eskom and the Special Investigating Unit (SIU) issued summons in the North Gauteng High Court to recover funds from former Eskom executives, former Board members, members of the Gupta family and their associates, and others.
U.S. Treasury sanctions criminal network threatening stability, security of Libya
07-08-2020 | 10:25:00
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against a network of smugglers contributing to instability in Libya.
High Court rules in favour of government to localise production of industrial components in South Africa
06-08-2020 | 10:56:35
The Gauteng High Court ruled in favour of Government in a matter involving procurement conditions applicable to electrical transformers, a judgement that will boost efforts to localise production of key industrial components in South Africa.
South African wine farmers turn to court to appeal for relief from alcohol ban
04-08-2020 | 09:28:00
South African family farming organisation Saai will approach the Northern Gauteng High Court in Pretoria on 18 August 2020 to have the ban on the sale and consumption of wine in restaurants set aside.
[South Africa] Santam commits R1 billion in relief to contingent business interruption clients
31-07-2020 | 14:11:00
Santam will pay up to R1 billion in urgent relief to policyholders in the hospitality, leisure and non-essential retail services industries who have the Contingent Business Interruption (CBI) extension in their policy cover with the company.
Andersen Global expands into Benin
31-07-2020 | 13:30:00
Andersen Global has announced its entrance into Cotonou, Benin with the addition of collaborating firm Fiduciaire Conseil and Assistance (FCA), a full-service tax and legal firm founded 20 years ago.
[South Africa] Eskom wins tariffs hike case, allowed to recover R69bn equity injections
30-07-2020 | 07:37:00
The High Court delivered the Judgement on the Eskom Board review of the National Energy Regulator of South Africa’s (NERSA’s) decision on the Multi-Year Price Determination (MYPD), which requires Eskom to recover the R69bn.
Andersen Global launches operations in Togo
29-07-2020 | 07:31:29
Andersen Global has announced its debut in Togo by way of a Collaboration Agreement with one of Lomé’s largest tax and legal firms, VAS Consulting.
South African Reserve Bank imposes administrative sanctions on three life insurers
29-07-2020 | 06:48:00
The South African Reserve Bank (SARB) has imposed administrative sanctions on three life insurers and directed them to take remedial actions.
Centurion Law launches Africa’s first sports, media and entertainment practice
28-07-2020 | 06:34:00
The Centurion Law Group has launched Africa’s first sports, media & entertainment practice to further support the rapidly growing sports & entertainment industry across Africa.
Chevron to acquire Noble Energy in $13 billion deal
22-07-2020 | 07:53:00
Chevron Corporation has entered into a definitive agreement with Noble Energy to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share.
[Kenya] KAM appoints Mucai Kunyiha as new Chair
22-07-2020 | 06:41:27
The Kenya Association of Manufacturers (KAM) has appointed Mucai Kunyiha as the new National Chairman to lead the organization for a two-year term.
ContractPodAi and Bowmans Partner to bring Artificial Intelligence-powered contract management to Africa
17-07-2020 | 07:34:00
ContractPodAi®, a provider of AI-powered contract lifecycle management solutions, is partnering with Bowmans to introduce Bowmans’ clients to its advanced technology solution.
Abbot Laboratories faces multimillion-dollar lawsuit over contract compliance with African Covid-19 Test Kits
08-07-2020 | 09:28:00
The Centurion Law Group has been engaged to institute legal action against American multinational health care company Abbott Laboratories for willfully undersupplying African suppliers of COVID-19 test kits
[Kenya] CMA issues guidance for transitional arrangements in the coffee sector
07-07-2020 | 11:47:00
In order to facilitate transitional arrangements in the coffee sector, the Capital Markets Authority (CMA) in Kenya has issued guidance to support sector players.
African Energy Chamber hopeful for quick resolution over fuel shortages in Tanzania
07-07-2020 | 06:44:00
The African Energy Chamber expresses its concerns over the alleged arrest and detention of three energy executives in Tanzania last week.
Government gazettes amendments to the regulations governing South African sugar industry
04-07-2020 | 05:51:00
The Minister for Trade, Industry and Competition (the dtic) , Mr Ebrahim Patel gazetted amendments to the Sugar Industry Agreement and South African Sugar Association Constitution.
Souley Amadou appointed Acting General Counsel, Director of Legal Service Department, AfDB
01-07-2020 | 07:56:00
The African Development Bank (AfDB) announces the appointment of Mr. Souley Amadou as Acting General Counsel and Director of the Legal Service Department, effective 1 July 2020.
Andersen Global adds presence in Liberia
30-06-2020 | 07:05:47
Andersen Global has announced an added presence in Africa through a Collaboration Agreement with full-service accounting firm BICON Inc. in Liberia.
Andersen Global expands operations into Gambia
25-06-2020 | 07:17:40
Andersen Global has entered into the Gambian market by way of a Collaboration Agreement with Fajara Chambers, a law firm based in Fajara.
Andersen Global enters Eswatini market
16-06-2020 | 12:02:00
Andersen Global ha strengthened its presence in Southern Africa through a Collaboration Agreement with Robinson Bertram, one of the oldest and largest law offices in Eswatini.
FTI expands technology segment with appointment of new leaders in EMEA
12-06-2020 | 07:11:00
FTI Consulting has announced the appointment of three Senior Managing Directors and a Managing Director to its Technology segment in Europe, the Middle East and Africa (EMEA) region.
Andersen Global signs first collaboration agreement in Chad
11-06-2020 | 07:56:33
Andersen Global has entered into a Collaboration Agreement with Kreich Avocats, an independent full-service law firm in Chad, marking the organization’s debut in the country.
African Development Bank debars Burmeister & Wain for fraudulent, corrupt practices in Mauritius
08-06-2020 | 09:05:00
Pursuant to a settlement agreement, the African Development Bank announced the debarment of Burmeister & Wain Scandinavian Contractor, for a period of 21 months.
[Kenya] Dutch flower firm ordered to pay Ksh.1.3 billion in taxes
05-06-2020 | 13:44:00
The Kenya Revenue Authority (KRA) has won a case to collect taxes worth Ksh.1.3 billion from Van Den Berg limited, a Dutch flower firm operating in Kenya.
Centurion Plus launches a full-suite Tax and Investment Service for Africa
26-05-2020 | 08:11:00
Centurion Plus has launched its full-suite Africa Tax and Investment Service, to be powered by its fully integrated resource base of country-qualified and internationally mobile professionals.
[Kenya] BTB Insurance to pay KRA Kshs.35 million in taxes
20-05-2020 | 13:53:00
The Kenya Revenue Authority (KRA) is set to collect Kshs. 35 Million in taxes from BTB Insurance Brokers following a decision in its favor by the High Court.
[Nigeria] NSE demutualisation receives boost as court sanctions Scheme of Arrangement
20-05-2020 | 11:43:00
The Nigerian Stock Exchange (NSE) announces that the Federal High Court Lagos has now granted an order sanctioning the Scheme of Arrangement for the demutualisation of NSE.
Andersen Global expands to Madagascar
20-05-2020 | 06:42:00
Andersen Global has expanded its presence in Eastern Africa through a Collaboration Agreement with Madagascar-based tax and legal firm HK Jurifisc.
PetroNor, Senegal suspends arbitration on two offshore licenses
14-05-2020 | 09:03:00
PetroNor announces that the Company has reached a mutual agreement with the Government of Senegal to suspend the Arbitration related to the Rufisque Offshore Profond and Senegal Offshore Sud Profond licence.
Andersen Global enters Mauritania market
14-05-2020 | 06:55:06
Andersen Global has partnered with Mauritania-based legal firm Chinguity Law to grow its West African footprint.
COMESA Agency strikes-off 12 anti-competition trade agreements
11-05-2020 | 11:32:00
More than twelve trade agreements which have been operational in the Common Market for several years have been banned by the COMESA Competition Commission (CCC) for being anti-competition.
[Zambia] World Bank debars Liaoning-EFACEC Electrical Equipment Company for 20 months
07-05-2020 | 05:51:00
The World Bank announced 20-month debarment of China-based Liaoning-EFACEC Electrical Equipment Company in connection with fraudulent practices as part of the Lusaka Transmission and Distribution Rehabilitation Project in Zambia.
[Kenya] KRA wins case to collect taxes on dumped export petroleum from Rayan Logistics
05-05-2020 | 10:34:26
The High Court sitting in Nakuru ordered Rayan Logistics Limited, a transporter, to pay KRA Kshs.3, 954,673 in respect of export petroleum products that was consumed in Kenya.
U.S. repatriates over $311.7 million stolen assets to Nigeria
05-05-2020 | 08:14:00
The Department of Justice announced that it has transferred $311.7 to the government of Nigeria to repatriate assets the United States forfeited that were traceable to the kleptocracy of former Nigerian dictator Sani Abacha.
African Development Bank debars Sinotec for 36 months for fraudulent practices in East Africa
01-05-2020 | 07:04:00
The African Development Bank Group announced the debarment of Sinotec Company Limited, an energy solutions company registered in China, for fraudulent practices in East Africa.
Data and privacy unprotected in one third of countries despite progress, UNCTAD
30-04-2020 | 09:52:00
Only 66% of the nations of the world safeguard people’s data and privacy, despite an 11 percentage point increase in the adoption of data protection and privacy legislation in the period 2015-2020, according to new UNCTAD data.
[Kenya] KRA wins case to collect Withholding Tax amounting Ksh.33.5 billion taxes
28-04-2020 | 09:45:00
The Kenya Revenue Authority (KRA) won a case to collect Withholding Tax amounting to Ksh.33,534,855.00 from Kenya Nut Limited.
SONATRACH, ExxonMobil sign MoU for exploration, development opportunities in Algeria
24-04-2020 | 13:21:00
SONATRACH signed with ExxonMobil a Memorandum of Understanding (MoU) to initiate joint discussions on potential exploration and development opportunities in Algeria.
[Kenya] CMA cautions investors against investing through unlicensed, unapproved firms
22-04-2020 | 11:54:00
The Capital Markets Authority (CMA) has cautioned investors against investing through unlicensed and unapproved entities offering Fund Management and Investment Advisory Services.
Gabon signs Treaty for establishment of African Medicine Agency
22-04-2020 | 08:48:00
The Republic of Gabon signed the Treaty for the establishment of the African Medicine Agency (AMA), bringing the number of AU Member countries that have signed the AMA Treaty to sixteen.
Centurion Law launches COVID-19 legal updates series
21-04-2020 | 07:51:03
Pan-African corporate law conglomerate Centurion Law has launched a series of legal updates where it will be providing the latest updates and insights on in-country changes in legislations and regulations in the midst of COVID-19 pandemic.
African Development Bank debars China Zhonghao Nigeria for 18 months for fraudulent practices
20-04-2020 | 14:23:00
The African Development Bank Group announced the debarment of China Zhonghao Nigeria a civil engineering company registered in Nigeria, for 18 months, for fraudulent practices.
African businesses to benefit from Menes Konsult, Asian Franchise Academy partnership
17-04-2020 | 13:15:00
A partnership between Nigerian-American legal and business firm, Menes Konsult and Asian Franchise Academy (AFA) has opened doors for African businesses to benefit from franchising opportunities.
[Uganda] AfDB places Zhongmei Engineering on 12 months conditional non-debarment for fraudulent practice
17-04-2020 | 10:46:00
The African Development Bank (AfDB) has announced a 12-month conditional non-debarment of Zhongmei Engineering Group, an engineering company registered in Uganda.
[kenya] CBK takes regulatory action against Absa Bank over forex transactions
09-04-2020 | 09:40:37
The Central Bank of Kenya (CBK) has taken regulatory action against Absa Bank Kenya PLC (Absa Kenya), following Absa Kenya’s failure to provide information about some specific foreign exchange trades that it conducted in March 2020.
[Kenya] CMA admits CDSC to its Regulatory Sandbox
09-04-2020 | 08:32:00
The Capital Markets Authority (CMA) has admitted the Central Depository and Settlement Corporation (CDSC) to the Regulatory Sandbox to test its proposed screen-based Securities Lending and Borrowing (SLB) platform.
World Bank supports Madagascar's investment in human capital
27-03-2020 | 08:00:00
The World Bank approved a $100 million development policy operation to support the Government of Madagascar’s investment in human capital.
[South Africa] High Court dismisses Risc Technology application to interdict B-BBEE Commission from performing
24-03-2020 | 07:49:00
The B-BBEE Commission welcomes High Court's decision to dismiss with cost the urgent application by Risc Technology Integration to interdict the Commission from implementing its decision and recommendations.