Banks warm up to Basel II

Local commercial banks have started warming up to Basel II, a set of banking regulations that have been put forth by the Basel committee on bank supervision, which regulates finance and banking internationally.

Basel II attempts to integrate Basel capital standards with national regulations, by setting the minimum capital requirements of financial institutions with the goal of ensuring institutional liquidity.

In preparation for the implementation of the new regime in January next year, banks have been on a parallel run with Basel 1.

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Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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