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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

Potential new bill to introduce changes in tax administration for businesses

Businesses which overpaid tax to the Kenya Revenue Authority will have one year to apply for refunds if the new Tax Procedures Bill 2015 is signed into law.

24 Jul 2015

Should SMEs invest in long term assets?

Could you be too ambitious in your plan to invest in long term assets in your small business?

By Richard Mungai 23 Jul 2015

InstantMoney now in Botswana and Uganda: Namibia to follow

Standard Bank has expanded its InstantMoney payment solution to Botswana and Uganda, with Namibia to follow...

22 Jul 2015

Credit reference bureaus will increase your chances of getting a bank loan

You should maintain a good borrowing record for your business, because banks are now lending money by looking at the credit scores of borrowers.

21 Jul 2015

New app will allow SMEs to buy government bonds

Small and medium enterprises in Kenya will be able to save and invest in government bonds with just Ksh3,000 via a mobile phone platform...

20 Jul 2015

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