KCB to delist National Bank on State stake

This is designed to ensure that dissenting investors are given an opportunity to exercise their option of declining the offer and remaining part owners in a listed company.


Tanzanian central bank fines lender for breaching rules

“BoT ... directed all banks and financial institutions operating in Tanzania to establish either a primary or secondary data centre in Tanzania with a view to ensure data and service availability at all times.”


Nedbank Head of Retail's Salary Suspended

He is alleged to have been aware that several invoices which were presented by service providers were fabricated, in that the services were not rendered and he went on to authorise payment of those invoices without verifying that the work had been done.