Results for Africa
- Collapsed Brokers Get NSE Shares Ahead Of Public Sale
Stockbrokers have reserved large portions of the Nairobi Stock Exchange (NSE) for collapsed rivals in a move that could see them rake in billions of shillings when the bourse is sold to the public early next year, Business Daily Africa reported. A legal ...
Daily Headline - global.abi.org - 07/12/2011 - 19:26 - 0 comments
- Borrowers Enter Era Of Costly Loans As Bank Raises Rate
The I$M Bank has raised its lending by 1.5 per cent to reflect an increase in lending rates by the Central Bank, Business Daily Africa reported. This makes I$M Bank the second industry player to ... bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Africa,Kenya The I$M Bank has raised its lending by 1.5 per cent to reflect an increase in lending rates by ...
Daily Headline - global.abi.org - 06/27/2011 - 23:18 - 0 comments
- Uhuru’s New Tax Proposals Signal Rise In Property Prices
Treasury’s new measures to plug loopholes that property dealers use to avoid paying taxes are expected to add impetus to real estate price inflation, as agents pass on the additional levies to home buyers, Business Daily Africa reported. The new measures ...
Daily Headline - global.abi.org - 06/15/2011 - 21:36 - 0 comments
- Pay Raises Push Civil Servants Ahead Of Private Sector
Civil servants last year earned better pay than their private sector counterparts in what marks the biggest labour market shift in more than three decades, Business Daily Africa reported. Public servants took home an annual average pay of Sh394,131 compa ...
Daily Headline - global.abi.org - 05/25/2011 - 22:29 - 0 comments
- Inflation Cuts Real Wages Despite Rise In Pay Perks
average of 3.5 per cent, prices of goods and services rose at a higher rate of 4.1 per cent, leaving workers with negative real wages, according to Economic Survey 2011. The decline in real wages by 0.6 per ...
Daily Headline - global.abi.org - 05/22/2011 - 22:22 - 0 comments
- Battle For Talent Widens The Pay Gap In Kenya’s Top Banks
Executive pay in the banking sector rose faster than other employees’ take home last year helped by a vicious war for talent as competitive intensified in the lending market, raising the compensation bar, industry statistics show, Business Daily Africa r ...
Daily Headline - global.abi.org - 05/12/2011 - 07:39 - 0 comments
- IP Qualification Profiles January - South Africa
In South Africa the landscape upon which Insolvency Practitioners (IPs) are required to practise is still undergoing major revision, both in regard to legislation and policy. Appointment of IPs IPs are appointed by the Master of the High Court ( ...
Resource Article - abi_editor - 05/05/2011 - 16:50 - 0 comments - 1 attachment
- IP Qualifications Profiles January 2011 - Nigeria
Appointment IPs may be appointed to any type of insolvency proceeding. Once appointed to a particular assignment, the IP is responsible for the proceeding. Where an insurance company becomes insolvent the same IPs are able to deal with such proceedin ...
Resource Article - abi_editor - 05/05/2011 - 16:22 - 0 comments - 1 attachment
- Tough KRA Rules Block Rampant Tax Claims On Bad Debts
The tax collector has sealed a loophole that allowed companies to claim tax returns on debts that they were finding difficult to collect as it unveiled tighter rules to guide the claim process, Business Daily Africa reported. The Kenya Revenue Authority ...
Daily Headline - global.abi.org - 04/27/2011 - 22:36 - 0 comments
- World Bank Loans KCB Sh8.8 Billion For Mortgage Lending
KCB is set to receive a Sh8.8 billion ($105 million) loan from the World Bank to support its regional mortgage business, Business Daily Africa reported. World Bank’s private lending arm, the International Finance Corporation (IFC), has indicated it is co ...
Daily Headline - global.abi.org - 04/20/2011 - 09:30 - 0 comments