Archive: Page 3

Cabo Verde: AfDB Approves €20 million for Private Sector Competitiveness & Local Economic Development Program

July 19, 2018/AfDB The Board of Directors of the African Development Bank has agreed to award to the Republic of Cabo Verde, a €20-million loan to finance the first phase… Read more »

Treasury bills remain toast of fixed income investors

Culled—-Proshare 18/7/2018/Zedcrest Capital *** DMO releases Bond auction Calendar for Q3 2018, increases offers to B100bn *** KEY INDICATORS Indicator Value Commentary Inflation 11.61% NBS postpones release date for June… Read more »

AfDB Approves South Africa Country Strategy Paper

July 19, 2018/AfDB The African Development Bank has approved a string of measures aimed at supporting South Africa’s economic development ambitions as an upper Middle-Income Country. This support package is… Read more »

Google fined a record $5 billion by the EU for Android antitrust violations

Google required to stop ‘illegally tying’ Chrome and search apps to Android 18/7/2018/The Verge By Tom Warren Google has been hit with a record-breaking €4.3 billion ($5 billion) fine by… Read more »

AfDB, Portuguese-Speaking Countries Sign Declaration to Spur Economic Development in Lusophone Africa

July 19, 2018/AfDB The African Development Bank and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support the “Development Finance Compact for the Lusophone Countries of… Read more »

SEC Charges Investment Adviser and CEO with Misleading Retail Investors

July 18, 2018/US SEC The Securities and Exchange Commission today charged a Connecticut investment advisory firm and its chief executive officer with putting $19 million of investor money, including elderly… Read more »

IMF’s Review and Outlook of Nigeria

Culled—Proshare July 18, 2018/FDC  The IMF, in its latest review of Nigeria, raised some concerns about Nigeria’s revenue shortfalls and low private sector lending. According to the Fund, Nigeria’s recovery… Read more »

The American President Is Stirring Up Trouble in a Volatile Oil Market

Culled—Proshare July 18, 2018/FDC  “If he cannot arm-twist OPEC, he may unleash America’s Special Petroleum Reserve” It used to be said that America’s shale producers were the new “swing factor”… Read more »

SEC Adopts Final Rules and Solicits Public Comment on Ways to Modernize Offerings Pursuant to Compensatory Arrangements

July 18, 2018/US SEC The Securities and Exchange Commission today issued final rules to amend Securities Act Rule 701, which provides an exemption from registration for securities issued by non-reporting… Read more »

SEC Adopts Rules to Enhance Transparency and Oversight of Alternative Trading Systems

July 18, 2018/US SEC The Securities and Exchange Commission today announced it has voted to adopt amendments to Regulation ATS to enhance operational transparency and regulatory oversight of alternative trading… Read more »