WAMA BULLETIN SEPTEMBER 2009
Welcome to yet another edition of the WAMA News Bulletin. The topics in this edition include Corporate Governance in Banks which focused on the roles of the Board of Directors. The quality of corporate governance is critical for banks to perform their intermediation functions effectively. The article explores some ways in which such improvement can be achieved; the Regional Seminar on Payment Systems in ECOWAS mapped out ways of strengthening the development and interconnectivity in payment systems as a major step towards the achievement of a single currency in the sub-region; the Use and Acceptability of ECOWAS national currencies in intra-regional transactions identified as mechanism that could be used to enhance and promote trade and other transactions among member countries; there is also a report on the recent Association of African Central Banks (AACB) symposium on formulating monetary policy for inflation targeting in Africa which was a sensitization for participants who were supposed to implement these monetary policies in their various countries; there is also an article on the implementation of the National Accounting System and the various efforts made by African countries to strengthen themselves in operating better accounting systems; and some news on current events in the sub-region.
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