President William Ruto has revived a proposal to impose higher taxes on Kenya’s super-rich and high-income earners, endorsing the introduction of a wealth tax that failed to sail through Parliament …
BusinessEconomyFinance & ServicesKenya News
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Finance & Services
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsTechnologyWestern Africa
Afreximbank moves to facilitate international trade with the launch of AFPAY
African Export-Import Bank (Afreximbank) today announced the commercial launch of Afreximbank Trade Payment Services also known as “AfPAY” to facilitate international trade between African financial institutions and their clients. The …
- AfricaAFRICA NEWSBusinessChipperFinance & ServicesGhanaNewsNigeriaTechnologyWestern Africa
Chipper Cash gets Bank of Ghana approval for US remittances
Chipper Cash, an African cross-border payments company, has received authorization from the Bank of Ghana (BoG) to provide remittance services from the United States of America to the country. The …
Cyberattacks in the Kenyan financial sector continued to grow significantly in the second quarter of 2022 as scammers increasingly become corporate-oriented, shifting from other sectors, a new report shows. According …
- BusinessEconomyFinance & ServicesKenya News
Kenya’s Retail Investors Can help to crack Financing For ESG Objectives
Retail traders in the country have a great potential to crack financing for Environmental, Social and Governance (ESG) objectives and priorities if some hindrances are resolved, a report by Standard …
- AgricultureFinance & ServicesMorocco
Portugal to Recruit 400 Moroccan Agriculture Workers ahead of its harvest season
Faced with a serious labor shortage crisis, Portugal has turned to Morocco to recruit 400 agricultural workers ahead of its harvest season. Portugal’s Minister of Labor Ana Mendes Godinho on …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyFinance & ServicesNewsNigeriaWestern Africa
eNaira app downloads hit 905,588
The Central Bank of Nigeria (CBN) has stated that the eNaira application has so far recorded a total of 905,588 downloads. CBN Governor, Godwin Emefiele, revealed this on Tuesday in Abuja after the Monetary …
- EconomyFinance & ServicesINVESTMENTMorocco
BMCE Capital Investments Launches a new venture Capital fund for Moroccan Startups
BMCE Capital Investment, part of the BMCE Capital Group, on Tuesday announced the launch of its first venture capital dedicated to financing Moroccan startups. The new MAD 50 million ($4.5 …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsSouth AfricaSouthern AfricaTechnologyTelecommunications
Capitec launches mobile network service with data that never expires
Capitec, South Africa’s largest retail bank by customers, has launched its own mobile virtual network operator (MVNO) service, called Capitec Connect, following in the footsteps of other local banks expanding …
- Access BankAfricaBanking, Finance & InvestmentBusinessFinance & ServicesNewsNigeriaWestern Africa
Sterling Bank set to change name after shareholders approve restructuring
Sterling Bank PLC has announced it will take a new name after receiving shareholders’ approval to convert from a core banking business to a holding company. The leadership of the Bank …