Banks' digital shift roadmap

More than 85 percent of the banks surveyed indicated that these two strategic outlooks inform their digital transformation journeys.


Big banks strike back with own fintechs

Squad’s performance only shows the extent to which Nigerian banks are going to secure their top share of the market in financial services amid a very motivated fintech ecosystem.


Big trouble for Telkom

On a normalised basis – excluding once-off costs – the picture is slightly better for the group, but the hit to earnings is still severe, with a reduction between 60% and 80%.


StanChart sets 6.58 percent rate on its mobile lending

StanChart’s SC Juza platform allows one to borrow from Sh1,000 to Sh100,000 every week. The cost of the short-term credit comprises a processing fee of 5.5 percent and interest rate of 1.08 percent per month.