Africa

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New Pension Plan For Public Servants Stalls

Plans by the Government to set up a contributory pension scheme for civil servants has stalled, leaving the retirement benefits time bomb that forced the government to push the retirement age to 60 years nearing explosion, Business Daily Africa repor ...

Daily Headline - global.abi.org - 06/24/2010 - 08:38 - 0 comments

IMF Bailout: Lessons That Africa Can Teach Europe

Countries such as Greece are experiencing what African countries experienced in most of the 1980s and ’90s — IMF-led structural adjustment programmes, which forced governments to cut spending by eliminating subsidies to various sectors and implementing s ...

Resource Article - global.abi.org - 06/21/2010 - 08:01 - 0 comments - 0 attachments

City Hall Audit Exposes 4,200 Ghost Workers

The payroll crisis at City Hall could be deeper than initially thought after it emerged that more than a third of its 12,000 workers are either dead, inexistent or serving on forged papers, Business Daily Africa reported. In the first hint of the fin ...

Daily Headline - global.abi.org - 06/18/2010 - 06:43 - 0 comments

Heavy Loans Default Rate Rocks Youth, Women Funds

Revolving funds that were meant to help Kenyan youth and women start businesses are chalking up bad debt, causing fear of a looming liquidity crisis that could also rob them of support from financiers, Business Daily reported. Fund managers said ther ...

Daily Headline - global.abi.org - 05/13/2010 - 08:27 - 0 comments

Insolvency practitioners qualifications and appointment

(Africa, South Africa) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Africa,South Africa ...

Resource Article - global.abi.org - 04/26/2010 - 08:42 - 0 comments - 1 attachment

Insolvency practitioners qualifications and appointment

(Africa, Nigeria) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Africa,Nigeria ...

Resource Article - global.abi.org - 04/26/2010 - 08:39 - 0 comments - 1 attachment

Government Gazette: Companies Regulations

http://www.saica.co.za/Portals/0/Technical/LegalAndComplience/CompaniesA... (Africa, South Africa) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Africa,South Africa ...

Legislative - global.abi.org - 04/21/2010 - 15:56 - 0 comments - 0 attachments

Regulator Tells Boards To 'Raise Their Game'

Ireland’s new head of financial regulation, Matthew Elderfield, said he planned to address serious corporate governance failures at the financial institutions by limiting the number of directorships that bank board members can hold, The Irish Times r ...

Daily Headline - global.abi.org - 04/15/2010 - 10:22 - 0 comments

Gabon Workers Free 'Bossnapped' French Managers

Workers at a French timber subsidiary in Gabon held managers hostage in a French-style "bossnapping" to secure their pay demands, both sides said Tuesday, Agence France-Presse reported. The managers, including the new Chinese buyers of the firm ...

Daily Headline - global.abi.org - 04/14/2010 - 08:55 - 0 comments

Banks Shut The Door On Loans Defaulters

The cost of borrowing from commercial banks could come down significantly with the launch of an information portal that will allow lenders to assess their customers based on their credit history, Business Daily Africa reported. Beginning July, it wil ...

Daily Headline - global.abi.org - 04/14/2010 - 08:54 - 0 comments

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