09/02/2016
SWIFT data shows that Renminbi usage in payments in South Africa increased by 65 per cent over the last 12 months and by 112 per cent in the last two years, moving the country from position #30 in July 2014, to #24 in July 2016.
09/02/2016
According to figures from Kenya National Bureau of Statistics, in 2014, tourism raked in Sh87.1 billion which is a 7.3% decrease compared to Sh94 billion recorded in 2013.
09/02/2016
How much money does one of the wealthiest African men, Niki Oppenheimer earn in a year?
09/01/2016
The Index blamed the sharp drop in Dangote’s networth on the slump in commodities prices and the devaluation of the naira in June by the Central Bank of Nigeria
09/01/2016
Africa was facing a debt “challenge” rather than crisis, he said, but warned that “there has to be a lot more fiscal consolidation.”
08/31/2016
It is also a fact that just 20% of African families have a bank account, while many remained unbanked sometimes for religious reasons
08/31/2016
The slump comes at a time when money managers are reallocating funds to emerging markets at a record pace.
08/31/2016
In approving the law, Kenyatta sided with Kenyans frustrated by the cost of credit and low rates on savings
08/30/2016
This has inspired confidence.
08/30/2016
Some of the areas that the banks identified as threats include Domestic Fund transfer, Payment solutions, current accounts.
08/29/2016
A first in its history
08/29/2016
During the same period total number of registered mobile money agents increased to 108,531 compared with about 38,400 in June 2015.
08/26/2016
The emphasis is therefore on trading and investments on a profit/loss sharing basis.
08/26/2016
Africa needs over $90 billion a year in investment in infrastructure, Kim said in an interview ahead of the sixth Tokyo International Conference on African Development.
08/26/2016
The 2016 Ghana Banking Survey revealed that there were some shifts in the top or first quartile banks in the country.
08/26/2016
The Ghana Club 100 is a yearly official list of the top 100 companies in Ghana who have excelled in growing their business operations in the year under review.
08/25/2016
Botswana is doing well in Balance of Payments, a task undertaken by the Ministry of Finance and Development.
08/25/2016
The normal way to do this is through the Central Bank of Nigeria.
08/25/2016
"We expect the country to continue to experience subpar economic growth for the foreseeable future," Mushosho told analysts recently.
08/24/2016
This trend is being driven by the growth of the region's middle classes, the expansion of its consumer markets and the increased prevalence of mobile retailing.