05/05/2020
Middle East and Africa (MEA) retail banks believe delaying digitalization poses genuine threats to their business models
05/05/2020
This chimes with figures from video banking vendor POPi/o, which tells American Banker that calls between its clients and their customers that result in transactions or service have more than tripled since the crisis hit.
05/05/2020
Says regulators hold critical key to meeting target
05/04/2020
The EPPF strongly refutes the ‘flawed’ costs comparison compiled by Business Maverick in the response below, and Business Maverick replies to their statement.
05/04/2020
The deputy minister also noted that the Reserve Bank had already taken steps to inject liquidity into the economy in response to the Covid-19 crisis, but suggested more could be done.
05/04/2020
Nigerian billionaires recorded more losses than gains amid COVID-19 due to the volatility of the stock market occasioned by the killer disease.
05/03/2020
In a Mastercard global consumer study, seven in 10 in the Middle East & Africa say they use contactless payments
05/01/2020
Ecobank Pay, our payments platform saw a 61% increase in merchant acquisition numbers to 195,000 merchants.
05/01/2020
In his opening statement. UBA’s Group Chairman, Tony O. Elumelu, noted that this was a very special meeting, held in extraordinary circumstances.
04/30/2020
Health systems and infrastructure across the continent looks fragile and the economic impact of a rapid rise in cases of the virus will be widespread and significant.
04/30/2020
The group expects SA's headline fiscal deficit to widen to 13.3% of GDP in 2020, leading to net debt levels rising to over 75% of GDP by the end of this year.
04/30/2020
Its revenue-collection estimate for the fiscal year through March 2021 was 1.43 trillion rand in the Feb. 26 budget.
04/30/2020
It is in line with the recommendations recently made by the International Monetary Fund to equitably attain fiscal sustainability and better position the economy for post-COVID recovery.
04/30/2020
Only about a third of African countries have GDPs that are actually more than the USD27.7 parcel above.
04/29/2020
The funding reprioritisation could include delaying some spending on infrastructure, Roy Havemann, the Treasury’s chief director of financial markets and stability, said on the call.
04/29/2020
Right now, there are several companies with share prices that look very attractive, especially for investors who take a longish view.
04/29/2020
Based on our new study on wealth inequality in South Africa, we propose a progressive solidarity wealth tax.
04/29/2020
According to Victor, the system will build and own its own software or depend largely on open-source technology.
04/29/2020
The telecoms sector grew by 8.8% in 2019, down from 11.3% in 2018, Yatani added.
04/29/2020
Increased credit impairment and provisions for an expected increase in loan losses pushed pretax profit for January-March down 12% from the same period a year earlier to $1.22 billion, the London-headquartered bank said in a stock exchange filing.