The South African Reserve Bank is working on a new Rapid Payments Programme (RPP) which is set to significantly shake up payments in South Africa. The programme, which is mentioned …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
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A significant number of South African companies are still not paying minimum wage to their workers, despite mandatory changes and increases over the past year, says employment and labour minister …
Pesapal Uganda has received a nod from the Bank of Uganda to operate as a Payment System Operator. The firm’s Uganda Country Director Martin Barungi said with the license, pesapal will be …
- BusinessHospitality, Travel & TourismTransportation & LogisiticsUncategorized
Kenyans Urged To Invest In Funeral Expense Cover Amid Low Uptake
Kenyans have been urged to take advantage of the affordable and customized last expense covers in the market as a means of reducing the financial burden associated with the loss …
State-owned National Oil Corporation of Kenya will from August start shipping fuel from Saudi Arabia at lower prices than the global rates in the latest push by the government to …
A new blow to the purchasing power of Zimbabweans. The latest figures from the Zimbabwe National Statistics Agency showed Saturday that the country’s annual inflation rate reached 191% in June. The …
SIU, The Special Investigating Unit has obtained a preservation order to freeze a R27 million luxury property linked to the former chairperson of the National Lotteries Commission, Professor Alfred Nevhutanda. …
- Banking, Finance & InvestmentBusinessEconomyGTCOWestern Africa
PZ Cussons, GTCO, Africa Prudential top stocks to watch this week
Profit-taking was a pressure point for Nigerian stocks in the week that just went by although the scramble moderated substantially compared to the penultimate week, when equities generally fell by …
The decision by JSE-listed Tongaat Hulett to terminate an underwriting agreement of up to R2 billion with Magister Investments, for its planned R5 billion rights issue to reduce the company’s …
Naspers and its subsidiary Prosus will slowly be selling off parts of its stake in Chinese tech giant Tencent in order to fund an open-ended programme to repurchase its own …