Banks depict South African Rand probe as vague, embarrassing
Businessam Staff
May 11, 2017
Some of the banks accused of manipulating trades in the rand are objecting to the complaint by South Africa’s Competition Commission, calling it vague and embarrassing, and demanding it be amended or dropped “The commission has failed to plead the material facts necessary to sustain the allegation that there was an agreement, or agreements,” between […]
Zambia expects $1.6 billion IMF deal to be sealed before July
Businessam StaffMay 11, 2017
Zambia will conclude a deal with the International Monetary Fund for as much as $1.6 billion by the end of June, Finance Minister Felix Mutati said. “We will conclude by the end of the second quarter,” Mutati said in an interview Wednesday in Nairobi, the Kenyan capital. “There is no question on whether the deal […]
FBI chief aimed to expand Russia probe before Trump fired him- Source reveals
Businessam StaffMay 11, 2017
A congressional source with knowledge of the matter said Comey told lawmakers within the past few days he had asked the Justice Department for additional resources – mainly more staffing – for the Russia probe. Comey informed lawmakers of that request after the Senate intelligence committee, conducting its own investigation, had asked the FBI to […]
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Adesola AfolabiSeptember 13, 2016
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