On 30 November 2015, a landmark judgement saw Standard Bank fined US$25.2 million. Nick Branson considers whether this level of reparations is appropriate, and how those implicated might be held to account for their actions.
Under the astute presidency of Donald Kaberuka, the AfDB has demonstrated resilience and leadership. This Briefing Note examines the Bank’s achievements and considers the challenges confronting Kaberuka’s successor.
Hannah Gibson assesses the implications for Somalia of Barclay’s announcement that it will close the accounts of all but 19 of its 165 clients in the remittance transfer business.
Edward Paice argues that an effective and sustainable solution to the issue of Somali remittances will require concerted political will and an appreciation of the unique nature of the Somali financial market.
