Bank & Finance

Feb 12, 2021
The Securities and Exchange Commission (SEC) has joined the Central Bank of Nigeria (CBN) to ban crypto trading. SEC has stopped admittance of affected persons into its Regulatory Incubation Framework for…
Feb 10, 2021
Bitcoin was driven to new record highs Tuesday morning – trading above $48,000 – as investors continue to pile in on the news that Tesla bought $1.5bn worth of the…
Feb 09, 2021
African Development Bank (AfDB) President Akinwumi Adesina said he was optimistic about the outlook for Africa’s economic recovery despite the current challenges facing the continent, particularly the coronavirus pandemic. Adesina…
Jan 27, 2021
Liberia's economy is stagnating under the impact of Covid-19. A contraction in growth and a banknote shortage have combined to undermine President George Weah's "pro-poor" agenda as he marks his…
Jan 18, 2021
Finder’s repo rate panel expects the South Africa Reserve Bank (SARB) to hold the repo rate this week but over a third (36%) think the Bank should cut the rate.…
The Covid-19 crisis has shown the business world that it is possible to completely overhaul the way we do things in a matter of weeks or even days, says Khomotso…
Dec 11, 2020
The recent months have seen Bitcoin record tremendous growth, attaining new price highs in about three years. The surge in Bitcoin value has been reflected in the revenue amassed by…
Nov 15, 2020
Moody’s Investor Service has affirmed the African Development Bank’s AAA credit rating, with a stable outlook. “The credit profile of African Development Bank (AfDB) is supported by the bank’s robust…
Mobile financial services are, in most African countries, born out of crises. In 2011, Zimbabwe had gone through a volatile decade of economic crises – hyperinflation, currency instability and a…
“No Cash Accepted” signs are increasingly common in Australian shops, thanks to COVID-19. Even before the the pandemic struck, though, we were well along the cashless path, with demand for…
Sep 18, 2020
Zimbabwean authorities are in discussions with several international investment banks to support a new stock exchange that will trade exclusively in foreign currency, Finance Minister Mthuli Ncube said. “The interest…
As developing nations reel from the impact of the novel coronavirus and national lockdowns, communities and households are seeing their collective resilience and wellbeing put to a rigorous test. While…
Sep 02, 2020
Dr Akinwumi Adesina, President of African Development Bank (AfDB) Group says he will build a much stronger and resilient bank to deliver greater quality impacts on African people. Adesina made…
Aug 26, 2020
Cash-strapped South Sudan is seeking a $250 million loan from the African Export-Import Bank, the deputy minister of agriculture said, to implement a long-delayed peace agreement, fight COVID-19 and support…
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