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Bank & Finance

Apr 21, 2015
Customers of MTN Mobile Money and M-Pesa in East Africa will be able to transfer money to each other following an agreement between MTN Group and Vodafone Group to interconnect…
Apr 16, 2015
In Sub-Saharan Africa, mobile wallets are a huge deal. While it's been that way for years, the World Bank's latest Global Financial Inclusion database gives us solid details on just…
Apr 14, 2015
WRITING in his latest annual “Gates Notes” letter, Microsoft founder and philanthropist Bill Gates highlighted the digital banking sector and observed that smartphones and mobile technology would define banking in…
Mar 31, 2015
South African insurers looking for growth in the rest of Africa need to move fast as they can expect strong competition from large European insurers chasing the same markets. Victor…
Mar 30, 2015
BARCLAYS Africa Group, which is expanding on the continent after buying most of its parent’s operations in Africa, has applied for an equities trading licence in Nigeria in addition to…
Mar 24, 2015
Depending on the country it is called guaranteed minimum wage (SMIG), minimum wage (SMIC) or national minimum wage (NMG), it is actually the minimum compensation of employees set by the…
Mar 18, 2015
WAICA Reinsurance Corporation Plc (WAICA Re) said it has concluded plans to expand its operations across African continent, Asia and the Middle East. The corporation said the expansion is in…
Mar 12, 2015
with agency report With online retailers Jumia and Konga making considerable inroads in Africa's largest economy and with the exponential growth of other online transactions, PayPal has revealed that Nigeria…
Mar 09, 2015
Pan-African financial institution Ecobank has underwritten nearly 40 percent of the $20 million Bindura Nickel Corporation bond whose proceeds would finance the restart of the company’s smelter, Mwana Africa chief…
Mar 04, 2015
Americans may just be getting used to mobile pay, but consumers in many African countries have been paying with their phones for years. Now payment processors Visa and MasterCard want…
Mar 03, 2015
Pic Credit: Bloomberg/Chris Ratcliffe BARCLAYS Africa Group on Tuesday reported a 6% increase in full-year revenue to R63.2bn for the year ended December 2014 as a number of its key…
Mar 02, 2015
New mobile payment platforms can provide a foundation for financial inclusion in South Africa and beyond, says David Abbott of Fiserv, a leading global provider of financial services technology solutions.…
Feb 27, 2015
The Group Managing Director of Ecobank Group, Mr Albert Essien, on Wednesday urged investors to be prepared to engage with African countries on a long-term basis and avoid abrupt changes…
Feb 20, 2015
If when you say internet, you think of a computer, then you probably don't live in an African country. The continent has some of the lowest fixed-broadband subscription rates in…

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