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Cash is no longer king. All hail digitisation

Cold, hard cash has been on the decline in mature first world economies since the 1990s when electronic banking started becoming popular.

By Peter Alkema 14 Aug 2017

Innovation doesn't have to be disruptive

It is clear that technology is changing the landscape of financial services in rural Africa, says KPMG

8 Aug 2017

The convergence of credit card and cash in Africa

According to a recent study conducted by Mastercard, over 50% of the South African population still transact using cash on a daily basis

By Simeon Tassev 1 Aug 2017

Jamii Bora Bank introduces integrated digital banking platform

Jamii Bora Bank (JBBL), a Kenyan SME lender, has launched an integrated digital banking system to enable its customers to conduct business online

31 Jul 2017

African winners in mobile remittance awards

Mahindra Comviva and Econet Wireless Zimbabwe win The RemTECH Award in the ‘Visionary Game Changer' category

25 Jul 2017

Africa's quest for a cashless economy gains momentum

Insufficient financial inclusion, unbanked masses and financial literacy are increasingly attracting investors

By Kingsley Ighobor 7 Jun 2017

#AfricaMonth: Internal trade barriers show signs of falling

While the road ahead may still present significant challenges, some of Africa's most long-standing internal trade barriers are beginning to show signs of falling. We interview David Williams, Maersk Line Africa chief executive and global head of Safmarine to find out more

By Ilse van den Berg 30 May 2017

Zunde Africa Fund wants to invest in student-run startups

Applications have opened for the Zunde Africa Fund, which identifies, mentors and invests in student-led startups and projects across Africa

By Tom Jackson 29 Mar 2017

Tanzania's digital payment projects boost tax revenue and business

Many developing countries are grappling with how to modernise their economies, improve transparency, drive sustainable growth and advance financial inclusion

21 Sep 2016

UnionPay International signs strategic memorandum of understanding with GIM-UEMOA

A partnership between UnionPay International and GIM-UEMOA will see GIM-UEMOA become an UPI acquirer and processing service provider to financial institutions in the West African Economic and Monetary Union, UEMOA zone

Issued by UnionPay International 21 Jul 2016

"Pockets of glory" for property investment in Africa

There are pockets of glory, particularly in East Africa - but property investors need to do their homework before venturing in

4 Mar 2016

Namibia joins Africa's mobile phone banking boom

Namibia is among the few African countries with money account penetration greater than 10%, a study done by rating agency Moody's Investors Service said. Namibia's penetration is 48%

10 Feb 2016

[BizTrends 2016] African mega-projects: opportunities and challenges for specialist insurers

Infrastructure development is booming across Africa, due in no small part to significant economic growth and foreign direct investment. Mega-infrastructure projects have massive price tags

By Karl Bishop 18 Jan 2016

Uganda's M-PESA services to boost economic growth

NEWSWATCH: A partnership between Safaricom and Uganda's leading operator MTN means M-PESA users can now send money to the country

30 Dec 2015

INTL FCStone's Stuart Ponder addresses Africa Breakfast Club

Stuart Ponder, senior vice president, EMEA of NTL FCStone Ltd., a subsidiary of NTL FCStone Inc., addressed the Africa Breakfast Club on the topic of the evolution of structured markets

1 Dec 2015

Mauritius needs an options market

Over the past decade, derivative markets in emerging market economies (EMEs) have grown at a rapid pace. In layman terms, a derivative is a contract that derives its value from the performance of an underlying security

By Yvan Byeajee 12 Oct 2015

Derivative exchange to help SMEs avoid risks

Small and medium enterprises will benefit in the derivative exchange that will be launched in this quarter at the Nairobi Securities Exchange, a Capital Markets Authority executive has said

By Ngugi Mungai 6 Oct 2015

Kenya Finance Bill 2015: How are SMEs affected?

Small and medium businesses should expect tax changes once the Finance Bill 2015 is signed into law. The bill formulates the proposals announced in the budget for the financial year 2015/2016

By Ngugi Mungai 28 Aug 2015

HST lands ground-breaking Tanzanian contract

Health Systems Technologies, a subsidiary of African Equity Empowerment Investments Limited, has secured a contract with the Tanzanian Ministry of Health to implement Laboratory Information Management Systems

18 Aug 2015

Mobile survey informs Global Entrepreneurship Summit

GeoPoll the Global Entrepreneurship Network and the U.S. State Department released a survey of 1,000 business owners

24 Jul 2015

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