04/22/2022
Rand heading for biggest slump in over two years – and there may be worse to come
The rand tumbled as much as 1.9% on Friday in a fifth straight day of declines, hitting its weakest intraday level since 31 Jnauary.
Comment, Analysis & Research
04/22/2022
What are Y Combinator’s most valuable African startups?
Nearly half of the 90 or so African companies that YC has invested in are classified as operating in fintech, with B2B software and services a distant second.
04/22/2022
10 largest banks in Africa based on asset size
There are a total of 763 commercial banks located across the 54 countries that make up the African continent.
04/20/2022
Suyash Sumaroo, Horizon Africa: Mauritius can be a vibrant and active blockchain hub for Africa
He also highlights the trends, opportunities and challenges the industry is facing and the potential for Mauritius to become a vibrant and active blockchain hub for Africa, which can disrupt various sectors.
04/19/2022
World Bank projects Africa growth to drop to 3.4pc
The report suggests that the impacts of the Russia-Ukraine war on African economies should be negligible, because of “limited trade exposure”.
04/19/2022
The job sectors where most billionaires make their money
“Five years ago, healthcare was not even a top five source of wealth,”
04/19/2022
A message to government from one of South Africa’s top banking CEOs
“The more local inputs are required, the higher the cost of energy production which means consumers are paying more for energy. Given the long term nature of these contracts, these costs are baked in for many years.”
04/14/2022
Post-COVID era: Mauritius on its path to recovery and remains the leading business hub for Africa and Asia
We are slowly moving away from a post-COVID era and Mauritius is on its way to recover and even prosper.
04/14/2022
South Africa gauge signals strong first-quarter economic growth
“The local economy has been given a boost by the high commodity prices and large-scale government spending, as some confidence seemingly returns for businesses and consumers,”
04/13/2022
Nine banks made N554bn fees, commission in 2021 –Reports
Net fee and commission income is the actual revenue generated from these charges after expenses incurred from providing the services have been deducted.
04/12/2022
Ghana: Salaries paid through Mobile Money (Momo) will attract E-Levy
He revealed that this will also affect loan disbursement among other banking transactions.
04/08/2022
10 banking trends in South Africa shaking up the future of below-the-line marketing
All things considered, your marketing team may have already begun taking action steps to help soften the blows.
04/07/2022
Nigeria, Bahamas lead CBDC race; over 80% central banks mulling over CBDC: PwC report
The 2022 PwC CBDC Global Index report highlights the major CBDC projects across the globe, sheds light on which country is leading the CBDC race.
04/07/2022
Unemployed and unemployable: SA's whistleblowers have no trust in the state and no faith in SAICA, CEOs
Mothepu was unemployed for two years after she approached the former Public Protector
04/07/2022
South Africa to get a state-owned bank
While the government-owned Postbank already accepts deposits, it is expected that the new company will offer full-service features and focus on previously disadvantaged South Africans
04/07/2022
How African banks can make a smooth transition to ISO 20022
What will the transition to the new mandatory financial standard for payments mean for banks and their operations? Stone X and African Banker held a workshop to outline solutions.
04/05/2022
Strong financial institutions can help build strong economies
I believe passionately in the role that financial services professionals and service providers play in making our economy efficient and productive
04/05/2022
Why Africa’s digital payment landscape is still highly fragmented
Many payment types in different countries—banks, mobile money wallets, cards—and the difficulty of handling online transactions in different local currencies complicate the processing of digital payments in the continent.
04/04/2022
What the Global Oil Crisis Means for Africa
“By adding an energy crisis to the mix, I have little doubt that we will see a strategic review in this sector,” he explained.
04/04/2022
Frauds Perpetrated in Fidelity Bank Jumps by 381% in 2021
The lender expected to lose the entire US$30,000 to cybercriminals.