CONSULTANTS TO CHECK FRAUD SURROUNDING COVID-19 RESCUE LOANS

HIGHLIGHTS

• The BBB wants to examine the recipients of its emergency loans amid the COVID-19 lockdown. 
• Professionals from RSM and KPMG have been hired by the bank to investigate the loans and uncover cases of fraud.
• Some firms receivin...

REASEARCH COMPANIES IN JAPAN SHOW OVER 500 BUSINESSES WENT BANKRUPT SINCE FEBRUARY

Highlights –

• Research companies in Japan show over 500 businesses went bankrupt since February.
• Tokyo Shoko Research Ltd. and Teikoku Databank Ltd. conducted the research.
• The new Cabinet is considering an additional stimulus package...

Most African monetary standards seen a firm

LUSAKA-Zambian, Tanzanian and Ugandan monetary forms are relied upon to firm one week from now while Nigeria's should stay stable.

ZAMBIA

The kwacha is probably going to hold firm after the national bank raised the statutory save proportion for business banks and requested...