“Commercial Awareness Is Global.”
By Charles Wanguhu Kenya currently risks being black listed by the OECD Financial Action Task Force (FATF) as a jurisdiction with key deficiencies in the control against money laundering. The other two countries on the list: the People’s Republic of North Korea and Iran. The Financial Action Task Force (FATF) is an inter-governmental body tasked with the development and promotion
By Kamau Wanguhu Ardent twitterzens will have noticed in the past two days two distinct Kenyan topics that have been trending: firstly the passing on of Prof Wangari Maaathai a Nobel peace prize winner, great conservationist and former Member of Parliament. Secondly has been #Things stronger than the Kenyan shilling, a tongue in cheek commentary on the tanking of the Kenyan
By: Ainsley Brown The Russian central bank, the Bank of Russia, announced today that it will begin to further diversify its foreign currency reserves by buy Canadian dollar dominated deposits and securities. The move is in response to the falling value of the US dollar and the appreciation of commodity based currencies such as the Canadian and Australian dollars. While it was