Cairo, Egypt, 18 November 2024: – African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the nine months ended 30 September 2024 (9M’2024). The Group delivered a solid performance, closing the ...
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Dec 19, 2024 – Chairman’s Statement Operating environment The beginning of the financial year was marked by the introduction of the Zimbabwe Gold (“ZWG”) which brought about a measure stability, lowering the rate of inflation during the first quarter. At the same time, the country’s fore...
IAS 39 provides specific classifications for financial instruments, while IAS 1 provides a classification based on liquidity.The minor dissertation applied a quantitative content analysis of the annual financial statements of South African banks for the 2011 financial year. Companies in the sample ...
financial statements is utilized. The study employs the feasible generalized least squares (FGLS) method in the analysis and the two-step system generalized method of moments (GMM) for robustness check.FindingsThe study affirms an inverted U-shaped relationship between market power and bank ...
Food safety is integral to food security and is increasingly becoming a significant concern in the urban areas of Africa, which are rapidly growing in population. In the case of Ghana, many urban households depend on traditional open-air markets for most
The Annual Trends and Outlook Report (ATOR), released today by the Regional Strategic Analysis and Knowledge Support System (ReSAKSS), states that most African countries that are considered low income today will transition to middle income countries by 2030. It also ...
The scope is also extended to defined financial entities, which are also required to present half-yearly and annual consolidated financial statements certified by an auditor. To cope with these changes, the institutions concerned must analyse the impact of the new framework on their existing...
damage variable relies on the World Bank convention that employs a fixed unit damage cost of USD 40 per ton of carbon emitted in 2020, measured in 2017 USD (https://databank.worldbank.org/metadataglossary/world-development-indicators/series/NY.ADJ.DCO2.GN.ZS; accessed on 3 May 2023. This...
They also identified the possible lack of financial input for the co-management implementation to be a likely challenge to address. Additionally, the other key stakeholders perceived the lack of visible benefits accruing to fishers during the co-management undertaking to be a source of discouragement...