In Your Interest
Jacob Zuma, South African President Photo Credit:The National Interest 16/2/2017/Reuters South Africa’s President Jacob Zuma told parliament on Thursday the government would come down hard on the local banks accused in a report by the competition watchdog of rigging the rand currency. “This matter is still under investigation… government is […]
February 16, 2017/SEC Management of the Securities and Exchange Commission wishes to draw the attention of the investing public to the Judgment of the Federal High Court Kaduna division of October 27, 2016, which handed down a 5year imprisonment term against one Moses Samanja the Managing Director of the Illegal […]
15/2/2017/Reuters By Tiisetso Motsoeneng South Africa’s competition watchdog has recommended fines against banks including Citigroup, Nomura and Standard Bank equal to 10 percent of their annual revenues for rigging the rand currency, it said on Wednesday. The Competition Commission said it had concluded an investigation into whether banks colluded by […]