20/6/2017/Reuters By Marc Jones Credit rating firm S&P Global warned South Africa on Tuesday that its rating could be cut deeper into junk territory if the government meddles with the “critical” independence of the country’s central bank. A row over the South African Reserve Bank has escalated this week after […]
Updates
CBN Says Would Licence Private Asset Management Companies
By InvestAdvocate Click here to download full PDF copy of the exposure draft Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said it would licence Private Asset Management Companies (PAMC), according to an exposure draft for the licencing and regulation of PAMCs in Nigeria, signed by Kelvin Amugo, director, Financial Policy and […]
Fitch Says Strongest World Growth Expected Since 2010
June 19, 2017/Fitch Ratings The recovery in global growth is strengthening and is expected to pick up to 2.9% this year and peak at 3.1% in 2018, the highest rate since 2010, says Fitch Ratings in its latest Global Economic Outlook (GEO). “Faster growth this year reflects a synchronised improvement […]
