Bank & Finance

Sep 18, 2020
Zimbabwean authorities are in discussions with several international investment banks to support a new stock exchange that will trade exclusively in foreign currency, Finance Minister Mthuli Ncube said. “The interest…
As developing nations reel from the impact of the novel coronavirus and national lockdowns, communities and households are seeing their collective resilience and wellbeing put to a rigorous test. While…
Sep 02, 2020
Dr Akinwumi Adesina, President of African Development Bank (AfDB) Group says he will build a much stronger and resilient bank to deliver greater quality impacts on African people. Adesina made…
Aug 26, 2020
Cash-strapped South Sudan is seeking a $250 million loan from the African Export-Import Bank, the deputy minister of agriculture said, to implement a long-delayed peace agreement, fight COVID-19 and support…
Stock markets have been very strange this year. We witnessed the fastest sell-off in history between February and March, with the S&P 500 falling more than 30%, only to enjoy…
Aug 17, 2020
JP Morgan Chase has this year retained the leading position in the forex market, despite concerns surrounding trading liquidity. According to data presented and published by ForexSchoolOnline, the firm exceeded expectations,…
Aug 14, 2020
The groundwork has been laid for Indian investors who are looking to invest in Africa. During a recent virtual conference hosted by the Confederation of Indian Industry (CII) and its…
Jul 28, 2020
A much awaited report by an Independent Review Panel has completely exonerated the President of the African Development Bank, Akinwumi Adesina of any ethical wrongdoings. The Independent Review Panel was…
Jul 21, 2020
Bitcoin continues to lead the cryptocurrency sector towards mainstream adoption on a global scale by directly competing with traditional players like banks. One indicator that highlights Bitcoin’s potential prospects is…
Jul 12, 2020
South African banks are looking at options ranging from debt consolidation to new ways of leveraging equity to avoid defaults when coronavirus-related debt relief measures end, industry officials said. The…
Jul 06, 2020
Willie Breedt, the alleged bitcoin and cryptocurrency scammer, has been declared bankrupt. News24 earlier reported around 2 000 investors in Breedt's defunct company, VaultAge Solutions (VS), stand to lose around…
Jul 06, 2020
Vodacom M-Pesa has announced the expansion of its International Money Transfer service portfolio. Vodacom customers will now have the option and ability to easily transfer and receive funds from individuals…
An analysis of financial inclusion in South Africa shows that affordability limits poor households’ access to formal financial services. In our study, which looked at people’s use of financial goods…
Jul 02, 2020
With electronic payments shaping the online transactions sector, there is no denying that some big players have established an edge over others to become the defacto choice for users. Currently,…
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