During its meeting held in Dakar on 26 February, 2014, the Bureau of the Association of African Central Banks (AACB) approved the Work Plan (2014-2016) of the Community of African Banking Supervisors (CABS), developed by the Working Committee of African Supervisors in January 2014 in Mauritius, as directed by the 37th Assembly of Governors of the AACB, on 23 August 2013 in Balaclava, Mauritius. It also authorized the implementation of the interim 2014 Work Plan.[Full text...]
The Bureau of the Association of African Central Banks (AACB) met on 4th December, 2014 in Port-Louis, Mauritius, at the Bank of Mauritius Tower. The meeting was attended by all members of the Bureau except Banque Centrale de Tunisie.»More...
The Bureau of the Association of African Central Banks (AACB), held its 1st Ordinary Meeting of the year, on 26th February 2014, in Dakar, Senegal, at the Head Office of the Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO). The meeting, attended by all the members of the Bureau as well as the African Union Commission (AUC), was chaired by Mr. Rundheersing Bheenick, Governor of the Bank of Mauritius and Chairman of AACB.»More...
The Symposium on the theme: “Financial Inclusion in Africa: the Challenges of Financial Innovations for Monetary Policy and the Stability of Financial System” was held on 22nd August, 2013 in Balaclava, Mauritius. The Symposium was officially opened by Dr. The Honourable Navinchandra Ramgoolam, Prime Minister of the Republic of Mauritius.»More...
The Association organized, as usual, its Symposium on August 29, 2012 in Algiers (Algeria) on the theme « Challenges of Commodity Prices and Capital Flow Volatility to African Central Banks »»More...
The central bank has waived default charges and extended repayment periods on loans.
Hundreds of accounts were opened since the launch of the bank in October.
Africa's energy industry could boom in the coming years, with Mozambique and Tanzania set to emerge as new frontiers if they can attract enough badly needed investment, a report said recently.
Lesetja Kganyago will take over as the new South African Reserve Bank (Sarb) governor when Gill Marcus’s current five-year term ends on 8 November 2014.
Kganyago is currently the deputy Sarb governor, having served in the position since 16 May 2011. Accepting his appointment at the Union Buildings in Pretoria on Monday, 6 October, Kganyago said he is humbled and honoured that the leadership of South Africa has seen him suitable for the position. “I shall not disappoint,” he said.
The Tunisian parliament has adopted several measures to enhance transparency and fight tax evasion, included in articles 12, 13, 14 and 15 of the supplementary finance law for 2014.
According to the Minister of Economy and Finance, Hakim Ben Hammouda, they will allow the country to set up a transparent financial and tax system, Tunis Afrique Presse agency reports.
The minister stressed the importance of financial transparency in tax matters, adding that the veil will be progressively lifted on bank secrecy.
Ebola: Liberia's central bank unveils relief measures for lenders
New bank seeks to revolutionise Somalia's financial system
Tanzania, Mozambique Top Africa's Oil, Gas Table
South Africa: Lesetja Kganyago appointed new SA Reserve Bank Governor
Tunisia: Parliament adopts several measures against tax evasion