Tag Archives: deposit
Living the FATCA life in Africa: New U.S. tax regulations add to burden of compliance on financial institutions across Africa
It looks as if 2013 is set to provide opportunities for commercial investors, that is if experts are to be believed.
Vancouver, British Columbia, February 18, 2013 – PMI Gold Corporation (“PMI”) (TSX: PMV, ASX: PVM, Frankfurt: PN3N.F) and Keegan Resources Inc. (“Keegan”) (TSX, NYSE MKT: KGN) jointly announced today that they have terminated the arrangement agreement (the “Arrangement Agreement”) they entered into on December 5, 2012 in accordance with its terms. This decision comes as a result of the mutual determination of PMI and Keegan that it is unlikely that PMI’s shareholders will approve the transactions contemplated by the Arrangement Agreement. The termination of the Arrangement Agreement is not on account of any differences arising between the respective boards about valuation issues or on account of any new facts having come to their attention.
Following months of report that Prime Bank Gambia will be sold, the Central of The Gambia (CBG) has come up with reports that the bank has not met its minimum capital requirement for 2012; and therefore is required to go on “voluntary liquidation”.
“The Central Bank of the Gambia is pleased to inform the general public that 12 out of the 13 commercial banks operating in The Gambia met the minimum capital requirement of D200 Million,” a release from CBG reads.
Both Producers and Consumers to Benefit
Patton Boggs Advises Government of the Republic of Cameroon on US$10 Billion Mbalam Infrastructure Project
Signing of Mbalam Convention paves way for one of largest, most complex infrastructure projects ever undertaken on African continent