South Africa's Production Price Index (PPI) has dipped a further 0.1 of a percentage point to 10.3% year-on-year, revealed Statistics South Africa (Stats SA), Thursday, 30 August. 30 Aug 2007
MagnaQuest Technologies Pty Ltd, a global customer management and billing solution provider with its headquarters in Hyderabad, India, has announced that its flagship product MQSubscribe has been chosen by Gateway Broadcast Services. 28 Aug 2007
CDGcommerce, Internet merchant credit card processor, has announced the release of its free online payment gateway program, powered by the Quantum Payment Gateway. The new program relieves merchants accepting credit cards online of all gateway and gateway per transaction fees. 27 Aug 2007
South Africans are not the only ones feeling the pressure of increased inflation - with UK interest rates approaching a 14 year high, and debt resolution frustratingly difficult to secure, debt distress in on the rise. 23 Aug 2007
GAIN Capital Group, LLC, Foreign Exchange (Forex) trading and services provider for institutional and individual investors, has announced the release of Currency Trading For Dummies; a new book that blends the basics of the Forex market with tactical trading and risk management techniques for the growing number of individual investors interested in trading the global Forex market. 23 Aug 2007
It's a new era for banking in Nigeria as Stanbic Bank and IBTC Chartered Bank go ahead with merger. 22 Aug 2007
South Africa is slowly taking a significant share of the global shared services and outsourcing (SSO) market, worth US$980 billion last year and expected to grow to US$1,430 billion by the end of 2009 at a compound annual growth rate of 15%, global growth consultancy firm, Frost & Sullivan revealed. 21 Aug 2007
Rising food and energy costs have been flagged as the main contributors to the Monetary Policy Committee's (MPC) decision to hike the repo rate by the expected 50 basis points to 10%. 17 Aug 2007
London, UK - Dr. Robert L. Phillips, founder, chief science officer, and vice president of product management of Nomis Solutions, a leader in profit-based pricing for banking and finance, will be a keynote speaker at the upcoming Credit Scoring and Credit Control Conference hosted by the University of Edinburgh Management School. 16 Aug 2007
The Liberty Group announces new team for Rest of Africa to drive strategic growth. 16 Aug 2007
The number of Acts regulating South Africa's banking sector has grown from 106 in 1990 to 232 today. However, it's not just banks that are affected: from retailers to telephone operators and from the National Credit Act to FICA and RICA, thousands of businesses have a long list of new compliance needs to meet. 14 Aug 2007
As some Ghanaian banks enter into mergers and acquisitions in order to stay in business, others have resorted to the introduction of high-tech products in order to stay on top of competition that has partly resulted in the influx of more Nigerian banks. 13 Aug 2007
CPIX inflation for June came in at 6.4% year on year, while the Consumer Price Index (CPI) increased slightly from 6.9 to 7% in June 2007. 27 Jul 2007
The new National Credit Act demands changes in the advertising and marketing of credit and that means copywriters and others involved in producing text dealing with this subject are going to have to choose their words far more carefully. A workshop has been scheduled to help those in advertising and marketing understand the new law. 26 Jul 2007
e-Signature provider, Silanis now offers its enterprise electronic signing and transferable records management capability as part of IBM Global Financial Solutions' recently released Service-Oriented Architecture (SOA) Foundation for Banking Solutions. 25 Jul 2007
China has been promoting its outsourcing sector in recent years to tap the booming market. The nation's software outsourcing companies raked in $1.4 billion in revenue in 2006, up more than 40 percent compared with a year earlier. Unlike their Indian counterparts, outsourcing companies in China work closely with local clients from industries such as banking, securities and manufacturing. 17 Jul 2007
Vodafone Plc, the mobile phone giant, has called for a new regulatory framework to allow greater access to financial services via mobile phones in developing countries. 16 Jul 2007
When you least expect it, Go Banking, brought to you by Nedbank in association with Pick ‘n Pay, has been seen across the country at major intersections and shopping malls. 13 Jul 2007