Being retired is a time for relaxing, right? Wrong!

That's if you are in Zimbabwe, that is... Following the land grab, agriculture collapsed and the Zimbabwean economy also collapsed - and hyperinflation wiped out savings. 30 Dec 2011 08:47

Revive IMF program or no assistance, donors tell Malawi

[Gregory Gondwe: @Kalipochi] Malawi's donors under the Common Approach to Budget Support (CABS) have asked the country to revive its International Monetary Fund (IMF) program or forget their financial assistance. 8 Dec 2011 13:33

Standard Bank wins Bank of the Year in Africa

The Banker, a leading journal of the global banking industry, has named Standard Bank as the 2011 Bank of the Year in Africa and Best Bank in Botswana, Lesotho, Malawi and Zimbabwe. 1 Dec 2011 16:01

ILO proposes monetary policies for Malawi's employment creation

[Gregory Gondwe: @Kalipochi] The International Labour Organisation (ILO) has released a report on Malawi which is trying to establish on how monetary policy instruments can be used to encourage Malawi onto a path of employment-generating growth. The report titled Macroeconomic policy for employment creation: The Case for Malawi released last month has identified three policy areas for consideration. 2 Nov 2011 12:19

Africa's five major trends for potential growth

[Issa Sikiti da Silva: @sikitimedia] Population growth, rapid urbanisation, adoption of new technologies, unlocking of abundant resources and the deepening of the financial sector are the five major trends that are set to drive Africa's economic growth, Simon Freemantle, Standard Bank Africa senior analyst, told a media roundtable in Johannesburg, South Africa, yesterday, Thursday 6 October 2011. 7 Oct 2011 09:56

Malawi hit by counterfeit money

[Gregory Gondwe] Malawi's central bank has issued a warning to the country after being severely hit by counterfeit notes of its biggest bill of 500 kwacha, a situation the Reserve Bank of Malawi (RBM) governor Dr. Perks Ligoya has described as undermining the integrity of the national currency. 30 Sep 2011 08:38

Bizcommunity.com

Bizcommunity launches new dedicated sectors, newsletters

Bizcommunity.com - South Africa's largest online B2B publisher - is set to grow even more with the introduction of 16 new content channels, with weekly newsletters, as from last week Tuesday, 20 September 2011. 20 Sep 2011 15:45

African Banker Awards shorlist announced

The African Banker Awards have released the shortlist of nominees for the 2011 competition. The winners will be announced at the awards ceremony on the 23rd September in Washington DC, during the World Bank/IMF meetings. 26 Aug 2011 10:58

Western Union expands to Namibia

The global payment service company, Western Union, announced yesterday 23 August 2011 that it plans to expand its global agent network to Namibia. 24 Aug 2011 09:16

Malawi devalues national currency

[Gregory Gondwe] The President of Malawi, Bingu wa Mutharika's government which had been adamant on devaluing the national currency, the Malawi Kwacha (MK), has finally succumbed to the pressure. 10 Aug 2011 11:28

Property Radar

SYDNEY, AUSTRALIA: During a time of unprecedented economic uncertainty, compounded by rate rises from all of the major banks in Australia, the finance industry was suffering from negative consumer perceptions, particularly across the home loan category. 26 Apr 2011 11:39

The new savvy British consumer

LONDON, UK: There's a change taking place in the UK as consumers start taking control of when, how and where they shop. Power is shifting from retailers to consumers and retailers need to adapt to survive. The retail space is ever changing and evolving- the role of social media, mobile & TV continues to grow, as will innovation in the sector. 21 Apr 2011 07:47

Reducing stress is key to financial services providers' success

[Published by Datamonitor] LONDON, UK: Financial services providers need to remind consumers that they can play a role in reducing stress, rather than adding to it, finds Datamonitor. 14 Apr 2011 13:12

Surge in mobile data revenue makes case for managed service model

CALABASAS, US: According to projections from Informa Telecoms & Media (www.informatm.com), mobile telecom revenues will reach US$1.1 trillion* by 2015 with 40% of this figure (US$440 billion) coming from data services. The pressure on carriers to maximise returns from data revenues is therefore becoming intense. 11 Apr 2011 11:09