Tag Archives: management

Living the FATCA life in Africa: New U.S. tax regulations add to burden of compliance on financial institutions across Africa

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DC Finance’s CEO will be visiting NYC from June 17thto promote the East Coast Family Office & Wealth Management Conference and the firm’s institutional investment, corporate finance, going public and family office events in Israel. Available for meetings

 

DC Finance, the manager of one of the world’s largest Family Office events, ( www.israelwealth.com), is proud to present the East Coast’s top HNWI & SFOs wealth management event – The Annual East Coast Family Office & Wealth Management Conference, OCT 2nd, at the Union League Club, New York City ( www.nyc-wealth.com).

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A.M. Best Revises Outlook of the Issuer Credit Rating to Positive for Dubai Insurance Company PSC

A.M. Best Europe – Rating Services Limited is a subsidiary of A.M. Best Company. A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.

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Sarama Resources Continues to Consolidate its Position at the South Houndé Project in Burkina Faso

TSX-V Ticker: SWA
SWA.WT

VANCOUVER, May 15, 2013 /PRNewswire/ – Sarama Resources Limited (“Sarama” or the “Company“) is pleased to report that it has been granted three new exploration permits in Burkina Faso, including one adjacent to the Company’s flagship South Houndé Project, which brings the Company’s exploration landholding in this prospective region to 1,014km².

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IFC to Support Central Bank of Nigeria in Strengthening Sustainable Banking

About IFC

 

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit http://www.ifc.org.

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IMF Concludes Article IV Mission to Cameroon

YAOUNDE, Cameroon, May 15, 2013/African Press Organization (APO)/ An International Monetary Fund (IMF) mission, led by Mr. Mario de Zamaróczy, visited Cameroon during April 29–May 14, 2013 to conduct the 2013 Article IV Consultation. The mission met with Prime Minister Philémon Yang, Minister Secretary General at the Presidency Ferdinand Ngoh Ngoh, Minister of Finance Alamine Ousmane Mey, Minister of Economy, Planning, and Territorial Development Emmanuel Nganou Djoumessi, several other ministers, the Vice Governor and the National Director of the Bank of Central African States (BEAC), other senior officials, and representatives of the private sector, labor unions, civil society organizations, and development partners. The discussions focused on recent economic and financial developments, the 2013 budget, and the economic outlook for 2013 and beyond. At the end of the mission, Mr. de Zamaróczy issued the following statement:

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IMF Executive Board Concludes 2013 Article IV Consultation with Seychelles

VICTORIA, Mahé, May 15, 2013/African Press Organization (APO)/ On May 8, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Seychelles. 1

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PANGOLIN DIAMONDS DISCOVERS ITS FIRST KIMBERLITE IN BOTSWANA

About the Tsabong North Project

The Tsabong North Project, located approximately 100 km north of the town of Tsabong in south-western Botswana, is 1,545 km2 in size. It is comprised of anomalous concentrations of kimberlite indicators and has large geo-botanical features. Pangolin has already identified more than 50 drill-ready aeromagnetic targets in the Project area, several of which have surface areas exceeding 20 hectares. Exploration activities in the area are guided in part by the recommendations of a National Instrument 43-101 Technical Report prepared for the Project.

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SA ECONOMIC GROWTH HIT BY MINING SECTOR

Will the Chinese purchase divested mining interests?

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Mobile Technologies to Fast Track Financial Transactions for the Unbanked in Asia

4th Annual Summit on Mobile Payments & Banking Greater Mekong/ Emerging Markets will be taking place in Phnom Penh, Cambodia from 12-13 June 2013.

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Successful infrastructure project bonds require improved regulatory frameworks, says AfDB study

TUNIS, Tunisia /African Press Organization (APO)/ African countries need to improve their regulatory frameworks in order to ensure the successful launch of African infrastructure project bonds, says a new report launched by the African Development Bank (http://www.afdb.org).

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IMF Mission Concludes the 2013 Article IV Mission to the Republic of Congo

BRAZZAVILLE, Republic of the Congo, May 14, 2013/African Press Organization (APO)/ An International Monetary Fund (IMF) mission led by Mr. Mbuyamu Matungulu visited Brazzaville during April 29–May 13, 2013, to conduct discussions for the 2013 Article IV consultations. The mission met with the Honorable Obami Itou, President of the Senate; the Honorable Koumba, Speaker of Parliament; State and Finance Minister Ondongo, Special Presidential Advisor Gokana, National Director of the BEAC Ondaye Ebauh, and other senior officials. It held discussions with development partners and representatives of the private sector, including members of the banking profession.

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African energy company to expand operations in the continent

Cennergi, a recently-formed African energy company which is committed to providing energy solutions to Africans, is reported to be gearing up to acquire sizeable operational energy assets in generation on the African continent, according to  Liz Hart, Siyenza Management.

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FOREX industry celebrates the JFEX 2013 awards winners

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CHINA, AFRICA EXPLORE NEW OPPORTUNITIES TO COOPERATE ON HEALTH CHALLENGES, STRENGTHEN INNOVATIONS

Chinese and African leaders will come together at the 4th International Roundtable on China-Africa Health Cooperation to explore new partnerships to address some of the most pressing health challenges facing Africa and strengthen an innovative health partnership based on south-south cooperation. This year’s roundtable is the first to take place on the African continent. It will focus on promoting sustainable health solutions that meet the needs and priorities of African countries and draw on China’s unique expertise.

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Africa can adhere to responsible, AMV-compliant mining practices

CAPE-TOWN, South-Africa, May 13, 2013/African Press Organization (APO)/ Key players in the mining sector attending an industry partnership meetingfor Mining and Metals session organized by the World Economic Forum and the Economic Commission for Africa (ECA) have underscored that the window of opportunity provided by rising commodity prices must correspond to a rise in revenues for African governments by equal measure. Held on 8 May, the session was aimed at examining how the Africa Mining Vision and its goal of facilitating transparent, equitable and optimal exploitation of mineral resources to underpin broad-based sustainable growth and socio-economic developmentcan be translated into national mining visions, developed from a fully transparent and inclusive process

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City of Cape Town to share its water and sanitation vision and showcase facilities during African Utility Week

“Demand will outstrip supply by 2019”

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