Seeking to accelerate growth in a market hampered by a lack of new broadband spectrum. Vodacom is expanding its financial and e-commerce services in South Africa through a partnership with …
Banking, Finance & Investment
- AirtelBanking, Finance & InvestmentFEATURED NEWSSpotlightTechnology
- AfricaBanking, Finance & InvestmentSouthern Africa
Elon Musk loses world’s second-richest rank as Tesla dips
Elon Musk’s Twitter posts continue to send Bitcoin prices crashing, this leads his fortune heading in the same direction as the cryptocurrency. On Monday, Tesla Inc.’s chief executive officer lost …
- Banking, Finance & InvestmentSpotlight
African Union Development Agency partners with Ecobank Group to finance MSMEs Initiative
The African Union Development Agency NEPAD (AUDA-NEPAD) and the Ecobank Group, its strategic partner on the development of the 100,000 Micro, Small and Medium Enterprises (MSMEs) Initiative, are set to …
The CBN no longer shows an exchange rate on the home page of its website, having previously carried a rate of NGN379 per US Dollar. This may suggest that the …
- Banking, Finance & InvestmentSouth AfricaSpotlight
KCB to spend Sh6bn in buying Rwandan, Tanzanian banks
KCB Group will spend a total of Sh6 billion to acquire two banks in Rwanda and Tanzania from London-listed Atlas Mara Limited. The Nairobi Securities Exchange-listed firm had earlier estimated …
- Banking, Finance & InvestmentBusiness Policies
Global debt declines for first time in 10 quarters, IIF says
Debt ratios continue to increase as economies borrow amid low interest rates, according to new report Global debt declined for the first time in 10 quarters by $1.7 trillion to …
- Banking, Finance & InvestmentSpotlight
Naira Weakens against USD at Most Market Segments Despite CBN’s Move
In the just concluded week, the Nigerian currency depreciated against the USD at the Investors & Exporters Window, Bureau De Change and Parallel “black” markets by 0.33%, 0.42% and 0.21% …
- Banking, Finance & InvestmentSpotlightWestern AfricaZenith Bank
Zenith Bank CEO Purchases Additional 662,844 Shares in the Bank
Zenith Bank Plc Group Managing Director and Chief Executive Officer, Ebenezer Onyeagwu purchased additional shares of 662,844 from Zenith Bank. In a statement issued by Zenith Bank’s management, the GMD/CEO …
- Banking, Finance & InvestmentBusiness PoliciesWestern Africa
Nigeria generates N392bn as Company Income Tax in Q1’21
The federal government generated N392.77 billion as Company Income Tax (CIT) in the first quarter of this year (Q1’21). This represents a 33 percent quarter-on-quarter (QoQ) increase in CIT when …
Cellulant has appointed Akshay Grover as the new Acting-CEO effective May as Ken Njoroge, the co-founder and CEO transitions from his current position as the CEO to take up new …