OPINION/EDITORIAL

An Investor Protection Call for a Commitment to Professional Skepticism and Audit Quality

February 5, 2024/US SEC Introduction[1] It is well-established that high quality audits of financial statements play a key role in investor protection and in building and preserving investor confidence. The Public Company Accounting Oversight Board (“PCAOB”) reported a troubling increase in deficiency rates found in its recent inspections.[2] In its […]

FX Inflows into the Economy Decreased by 3% YoY to USD16.5bn in Q3 2023

February 5, 2024/FBNQuest Research The CBN’s most recent edition of the Quarterly Statistical Bulletin (QSB) shows that the total value of foreign exchange (fx) into the economy decreased slightly by -1% q/q and -3% y/y to USD16.5bn in Q3 ’23. Except for brief increases in both Q2 ‘22 and Q4 […]

Namibia’s Central Bank Governor Talks Maintaining Economic Stability

Ahead of Namibia’s new energy sector developments, Johannes Gawaxab, Governor of the Bank of Namibia, outlined efforts to establish an effective fiscal regime in an exclusive interview with Energy Capital & Power last September February 5, 2024/Energy Capital & Power The Bank of Namibia is seeking a balance between economic […]