29/9/2016/Vanguard As Naira came under fresh pressures in the parallel market Wednesday, the Central Bank of Nigeria, CBN, issued more directives restricting usage of domiciliary accounts by bank customers, apparently to stem the pressures and improve official supply of foreign exchange to the interbank market. As a result of the […]
Updates
South Africa’s Mining Industry continues to Face Tough Times in the Wake of Subdued Commodity Prices, Mounting Cost Pressure and Regulatory Uncertainty: PwC Report
Companies had no choice but to cut back on new developments, re-focus on profitable production rather than maximum production and to save costs September 29, 2016/PwC 2016 marked another challenging year for SA’s mining industry in the wake of subdued commodity prices, an increase in short-term volatility, increased pressure on […]
SEC says UBS to pay $15 million over sales practices
September 28, 2016/Reuters By Jonathan Stempel and Elizabeth Dilts UBS Group AG (UBSG.S) has agreed to pay more than $15 million to settle U.S. Securities and Exchange Commission charges that its failure to properly train brokers led to customers buying hundreds of millions of dollars of unsuitable securities. The SEC […]
