05/06/2020
President Ramaphosa expressed appreciation for the Bank’s commitment of $26 million for the African Centers for Disease Control and Prevention
05/06/2020
To appreciate the extent of how things are turning for the worst, it is important to understand the workings of the capitalist system.
05/06/2020
This is why consumers have been turning to mobile banking in such numbers.
05/06/2020
The SARB has estimated that its two main regulatory interventions could lead to R540 billion in new lending from banks.
05/05/2020
Pressing questions around investments answered.
05/05/2020
By stimulus package is meant a coordinated effort to increase government spending and lower taxes and interest rates in order to stimulate an economy out of a recession or depression.
05/05/2020
We will prioritise the health of the people.
05/05/2020
The reason QE has not been very successful in some developed countries is largely because their economies have in many cases reached peak production capacity
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.