South African Court Orders Liquidation of 'Insolvent' VBS Bank
Updated: Tue 13 Nov, 02:41 pm
Prudential Authority CEO Kuben Naidoo of the South African Reserve Bank has said in an affidavit that the release of 'The Great Bank Heist Report', which probed how billions worth of funds were looted … read more »
How Uganda's Crane Bank Got Into Trouble
Updated: Tue 25 Oct, 05:09 am 2016
Th central bank has taken over the once largest local bank in terms of assets, whose spectacular growth saw it spread wings to neighbouring Rwanda. read more »
Mobile Instant Loans for East African Customers
Updated: Tue 10 Mar, 08:24 am 2015
This innovation will play a crucial role in deepening financial inclusion in the country and the region. read more »
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Prudential Authority CEO Kuben Naidoo of the South African Reserve Bank has said in an affidavit that the release of 'The Great Bank Heist Report', which probed how billions worth ... Read more »
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The Central Bank of Nigeria has revealed that HSBC and UBS have closed their offices and shut down operations in Nigeria. The central bank has admitted that foreign investment fell ... Read more »
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The country's third biggest gold producer RioZim has closed three of its mines as the acute shortage of foreign currency continues to bite the mining sector. Earlier, the firm ... Read more »
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The African Export-Import Bank (AfrExImBank) promotes and finances the expansion of both intra-African and extra-African trade. The organisation's president Dr Benedict Okey Oramah ... Read more »
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The Mahikeng Local Municipality has launched an urgent Limpopo High Court bid to have the financial institution liquidated as it attempts to recover the R84 million it invested ... Read more »
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Chairperson of the ANC's integrity commission, George Mashamba, has said the it started looking into the VBS Mutual Bank saga after the names of the party's provincial deputy ... Read more »
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Finance Minister Tito Mboweni has called for tough action to be taken against officials tied to the VBS Mutual Bank looting scandal during his maiden appearance before parliament's ... Read more »
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The money is reportedly enough to run the country's Budget for five years and can also retire the mountain of debt that has caused pain through heavy taxation of basic commodities ... Read more »
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After peacefully electing President Emmerson Mnangagwa in July, many hoped the country would emerge from turmoil and return to prosperity. Instead, it appears to be imploding since ... Read more »
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Is the to-and-fro between government and political parties bringing Liberians any closer to finding out what happened to the estimated U.S.$60 million that has gone missing from ... Read more »
