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Central Bank of Sri Lanka: Monetary Board appoints four new Assistant Governors

The Monetary Board, at its meeting held on 17th November 2021 has promoted K G P Sirikumara, D Kumaratunge, Mrs. U L Muthugala, and C P S Bandara to the post of Assistant Governor with effect from 17th November 2021. K G P Sirikumara He has served the Central Bank for more than 21 years […]

City of Cape Town slated over dodgy R65m land deal

City of Cape Town slated over ’dodgy’ R65m land deal Share Cape Town – The City has been hauled before the Office of the Public Protector over a multimillion-rand “dodgy” land deal, involving the City and the provincial government, to build houses for Dunoon residents. This comes after Good party secretary-general Brett Herron lodged a complaint with the public protector over the deal, which cost nearly R65 million. The 17-hectare portion of Racing Park Industrial West land was unsuitable for housing as it was a wetland, said Herron. It was bought three years ago on an urgent basis - but to date no construction has taken place.

CBSL rolls out Rata Purama LANKAQR to merchants in Galle - Adaderana Biz English

CBSL rolls out Rata Purama LANKAQR to merchants in Galle February, 22, 2021 The Central Bank of Sri Lanka (CBSL) expanded its pioneering Rata Purama LANKAQR initiative in the Galle District with a promotional campaign organised by HNB PLC with the participation of 21 leading financial institutions and telecommunication partners in the country. The Galle-leg of the national campaign, hosted by HNB PLC at the Magistrate Square, will be the third phase of the island-wide initiative of ‘Rata Purama LANKAQR’ to introduce LANKAQR as the standard for mobile phone payment apps and digital payments across the island, moving towards a cashless and digitally-savvy society with greater financial inclusion.

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