With only minimal fanfare and little public notice, the National Assembly last week unanimously passed into law the Security Interests in Movable Property Bill 2024. The statutory protection of a credit system over immovable property has long been an aspiration of many who are and were involved in the financial industry. The need became evident as early as the late 1980s as […]
Tag Archives: financial
CRISIS IN EUROPE
A severe financial crisis is threatening Europe. It gets worse by the day. As an indication of how deep the crisis has become, Moody’s Corporation, a world recognized credit rating company, downgraded five German banks on June 6, hitherto regarded as having triple A rating. It has been predicted by financial experts that unless the […]