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CIPS Africa - A New World of Risk

CIPS Africa - A New World of Risk
cips.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cips.org Daily Mail and Mail on Sunday newspapers.

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Thailand's first twin deficit in nearly a decade set to hit baht

Thailand is heading for a rare current account deficit this year with the country missing out on the billions of dollars earned from tourism, likely piling more pressure on the nation’s already battered currency. ....

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In Paradigm Shift, Women Take Over Banking Sector

By Obinna Chima
The banking industry has made a dramatic leap in its Nigerian Sustainable Banking Principles (NSBP) with the recent appointments of two females as Chief Executive Officers (CEOs). The coming on board of the CEOs, Mrs. Miriam Olusanya for Guaranty Trust Bank (GTBank) and Mrs. Yemisi Edun for First City Monument Bank (FCMB) Limited, marks an important paradigm shift in the approach to decision-making and management with regard to gender at the highest levels of the Nigerian banking industry.
The NSBP states that as part of a wider sustainable banking commitment, the industry should work towards 40 per cent female representation at top management and boards levels. ....

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FG in talk with Standard Chartered bank to replace Chinese loans for rail projects

FG in talk with Standard Chartered bank to replace Chinese loans for rail projects Business ....

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Consumer prices shoot through the roof as govts increase taxes

Consumer prices shoot through the roof as govts increase taxes
Tuesday April 27 2021
Kenya’s debt repayment obligations are expected to cross the Ksh1 trillion ($9.3 billion) mark, putting pressure on the taxman to collect each and every cent from individuals and firms. PHOTO | FILE | NMG
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The cost of living in the East African countries is on a worrying upward trend with governments shifting huge debt repayments burdens to households and businesses through increased taxation measures.
The issue is further compounded by a surge in fuel prices and weaker local currencies, which have seen the prices of essential commodities like bread, milk, wheat flour, beef, tomatoes, greengrams and fruits in countries such as Kenya, Rwanda, Tanzania and Uganda sky rocket, according to data from national bureaus of statistics. ....

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