07/04/2022
Nigerian adults with bank accounts hit 45% — World Bank
Nigeria’s account ownership growth grew from 30 per cent to 45 per cent in the period under review.
07/04/2022
Nigeria’s account ownership growth grew from 30 per cent to 45 per cent in the period under review.
07/01/2022
Intense competition for deposits will keep lenders' interest margins tight, although higher interest rates on loans will provide some relief
06/28/2022
The South African Reserve Bank is now forecast to follow up the 50bps hike in May with another 50bps rise in July.
06/28/2022
Two years later, Nigerian Bank group, Access Bank bought into the financial services provider, and now trades as Access Bank South Africa.
06/27/2022
Here’s what is happening in and affecting South Africa today
06/10/2022
The chart shows average GDP per capita growth for 2008-2020.
06/10/2022
The business shower will avail businesses of a platform to pitch their ideas to win seed grants and join the ELOY Foundation Sustainable Empowerment Programme 2022.
06/09/2022
The country’s financial regulator, The National Bank of Ethiopia, is amending a decade-old Payment System law, allowing foreign investors, for the first time, to set up business in Ethiopia as digital financial services providers.
06/07/2022
The forecasts of expansion build on the impact of the COVID-19 pandemic in terms of on the adoption of technology across the region with lockdowns and restrictions forcing companies to find new ways of working.
06/06/2022
“The proportion of people who expect to keep earning in retirement is particularly worrying considering South Africa’s alarming unemployment figures,”
06/02/2022
The bank cited data published in May which shows that it takes an average of five days for a middle-income consumer to spend up to 80% of their monthly salary.
05/31/2022
The survey found that banks lack a skilled workforce, with 465 of those interviewed regarding this as the biggest threat.
05/30/2022
Alkhareif indicated that Saudi Arabia is open to consider
05/26/2022
Mauritius has already firmly established itself as a gateway for investment into Africa through its robust banking, taxation, fiduciary, and fund management infrastructure and mature regulatory investment fund framework.
05/26/2022
The bank came out of curatorship in 2016, splitting itself between the "good" and the "bad" bank that formed Residual Debt Services Ltd.
05/24/2022
The government could provide further support to cushion consumers from escalating petrol prices, but for now, headline inflation is likely to average 6.4% in the second quarte
05/23/2022
The company's survey and interviews with focus groups show that many more people are struggling to make their money stretch to the next pay day.
05/23/2022
Titi further called for the breakup of the monopolies currently held by many state-owned companies, such as Transnet.
05/23/2022
After the credit rating agency Moody’s upgraded South Africa’s outlook last month, S&P Global has now also improved its outlook to “positive” from “stable”.
05/19/2022
The partners – the UK, US, European Union, Germany and France – committed themselves at COP26 last November to raise $8.5bn.