The Banking & Finance community of Southern Africa

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

Fri, 30 Dec 2011 08:47:00 +0200

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.
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Revive IMF program or no assistance, donors tell Malawi

Thu, 08 Dec 2011 13:33:00 +0200

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.
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Standard Bank wins Bank of the Year in Africa

Thu, 01 Dec 2011 16:01:00 +0200

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.
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ILO proposes monetary policies for Malawi's employment creation

Wed, 02 Nov 2011 12:19:00 +0200

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.
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Africa's five major trends for potential growth

Fri, 07 Oct 2011 09:56:00 +0200

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.
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Malawi hit by counterfeit money

Fri, 30 Sep 2011 08:38:00 +0200

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.
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Bizcommunity launches new dedicated sectors, newsletters

Tue, 20 Sep 2011 15:45:00 +0200

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 yesterday Tuesday, 20 September 2011.
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African Banker Awards shorlist announced

Fri, 26 Aug 2011 10:58:00 +0200

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.
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Western Union expands to Namibia

Wed, 24 Aug 2011 09:16:00 +0200

The global payment service company, Western Union, announced yesterday 23 August 2011 that it plans to expand its global agent network to Namibia.
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Malawi devalues national currency

Wed, 10 Aug 2011 11:28:00 +0200

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.
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