British banks have accepted millions of pounds in deposits from corrupt Nigerian politicians, raising serious questions about their commitment to tackling financial crime, says NGO ... Read more »
The private sector in Africa is increasingly playing a larger role in agriculture unlike before when governments were key players in financing. Read more »
Paris Club has agreed to cancel Liberia's debt of more than $1 billion following its Completion Point under the enhanced initiative for the Heavily Indebted Poor Countries. Read more »
Former Central Bank of Nigeria Governor Chukwuma Soludo's warning of an impending economic crisis has drawn flak from the Federal Government. Read more »
The Reserve Bank cut interest rates to a 30-year low yesterday, warning that the pace of recovery would slow in the months ahead. The rand's strength spurred the decision to cut ... Read more »
OLD Mutual has finally ended market speculation about the future of Nedbank , by confirming talks with HSBC which could buy up to 70% of the bank in a deal potentially worth U.S.$7 ... Read more »
South Africa is working with Canada, Australia and India to try to ensure that global proposals for tighter financial regulation do not undermine healthy banking systems. Read more »
The Treasury yesterday unveiled steps to encourage the country's top banks to boost competition and improve transparency, in a bid to lower costs for consumers. Read more »
The 2010 Annual Meetings of the Boards of Governors of the African Development Bank and the African Development Fund will be held in Abidjan from 27-28 May 2010. Read more »
While some analysts say World Bank reforms have decreased African countries' share of votes, the bank says developing nations have increased their voting strength. Read more »
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