Last week, the JSE hosted one of its small cap showcase. This series is part of a broader initiative to help the flagging smaller capitalization counters on the bourse. Interestingly, the …
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Finance & Services
Kenya is among the top five countries that have made significant progress in digital finance in the 2021 Global Findex , released by the World Bank. The World Bank’s Global Findex …
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 …
Central Bank of Kenya(CBK), the state’s fiscal agent, collected KSh 19,596.80 at the June Treasury Bonds Tap sale out of KSh 25,000 Million on offer against bids worth KSh 15,976.98 Million received, …
- AfricaFEATURED NEWSFinance & ServicesWestern Africa
IMF extends duration of aid programme for Somalia
The International Monetary Fund (IMF) has agreed to extend the duration of its financial aid programme to Somalia. The fund’s aid was due to end this month if a new …
- AfricaFinance & Services
EFG Hermes Recognized by the Financial Times and Statista as one of Africa’s Fastest Growing Companies in 2022
EFG Hermes Holding, the leading universal bank in Egypt and the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today that it has been featured on the Financial …
- Finance & ServicesInformation & TechnologyWestern Africa
Mastercard and OPay announces strategic partnership to grow cashless ecosystem and advance digital financial inclusion for millions
Partnership will enable OPay customers to pay on global online platforms backed by Mastercard’s secure Mastercard virtual payment solution linked to the OPay wallet · OPay consumers will …
Over the last two decades, China has established itself as Africa’s largest bilateral lender, helping bankroll key infrastructure projects on the continent but a new report by the Boston University’s …
- Finance & ServicesWestern Africa
Discussions to exempt investment transactions from E-Levy Begins; SEC Finance Ministry
The Securities and Exchange Commission (SEC) has begun working with the Ministry of Finance (MoF) regarding the potential exemption of investment transactions from the Electronic Transaction Levy (E-Levy). It however …
NCBA Group’s net earnings for the first three months of the year rose 20 per cent to Sh3.41 billion up from Sh2.84 billion last year on strong business development. The bank’s …