12/05/2018
With no qualified teachers in the village, parents rely on their children being taught by some of the better-educated local people who can read and write, like Bamoi who finished high school.
12/05/2018
Despite rapidly growing interest in AI to improve financial planning and analysis (FP&A), only a few organizations are currently using it successfully
12/05/2018
When asked about how his family’s empire was built up, Rupert said: “Obviously there needs to be an opportunity in the market. It’s not good trying to do something for which there is no market.”
12/04/2018
According to new data from First National Bank's Retail segment, middle-income South Africans spend their monthly pay within a week of receiving it.
12/03/2018
Out of 11 African countries profiled by Moody’s in the report, only Angola, Ghana and Democratic Republic of Congo have a higher ratio than Kenya, at about 25, 22 and 18 percent respectively.
12/03/2018
Since Zambia’s independence 54 years ago, government has borne the financial burdens of shoring up the operations of the electricity supply company, ZESCO.
12/03/2018
After a wave of scathing criticism that trailed some of our past policies, many of these measures are today widely applauded as brilliant and conscientious actions.
12/03/2018
If consumers were to update their relationship status with the finance industry on social media, it would no doubt say - it's complicated.
12/02/2018
Latest Central Bank of Kenya (CBK) data shows the ratio of bad loans to total loan book among Kenyan banks stood at 12.3 percent at the end of October, having come down from 12.7 percent in August largely due to improved recovery efforts on the trade, per
11/30/2018
Banks have in the last two years been ramping up bonds in reaction to the capping of interest rates on customer loan at four per cent above the prevailing Central Bank Rate.
11/30/2018
The three subsidiaries of the Oragroup Banking Group, in Burkina Faso, Senegal and Togo won the award for best bank in their respective countries. This award is presented by The Banker magazine, a publication of the Financial Times group.
11/30/2018
Focus of regulators has mainly been on prudential regulation
11/29/2018
McKinsey notes fintechs are increasingly influential in digital and mobile payments and credit, having raised over Sh30 billion in capital and gained over 20 million customers.
11/29/2018
As shown above, the golf is currently the most popular pastime for HNWIs in South Africa followed by art collecting and then cycling and mountain biking.
11/29/2018
Africa is endowed with a vast array of natural resources that if properly governed, present the continent with a massive potential for harnessing the much-needed financial resources for development and therefore the need to stop corruption
11/29/2018
Viceroy is no stranger to controversy after claiming in February that Capitec Bank was a loan shark
11/28/2018
The research found that, without globalisation, poverty reduction in developing nations would not have happened over the past 20 years
11/28/2018
Nigeria on Tuesday said it would remain focused and committed to the protection of depositors and promotion of safe, sound and stable banking system in the country.
11/28/2018
The transactional account, together with the African Bank app, are already in pilot phases with about 3000 of its employees now using it.
11/27/2018
South Africa’s central bank this month increased its benchmark lending rate for the first time in nearly three years