insert_link Business / Economics Unpacking FinTech: A financial journalism deep dive By Angie Scholtz 1. INTRODUCTION: The world over, the inclusion and advancement of technology in the financial services sectors and markets have become more and more prevailing to the extent where the accepted acronym for this has been determined to be FinTech which essentially relates to Financial Technology as a designated term. The world is aware of the various levels of information technology infrastructure in various countries which would by […] todayDecember 21, 2023 42
insert_link Africa Mozambique: EIB Global and Moza Banco provide €20 million to grow women-led businesses The EIB Global and Moza Banco initiative, as part of the EU’s Global Gateway strategy, will offer financing for small and medium-sized businesses in Mozambique, with a focus on businesses owned or run by women. Women are less likely to be able to access appropriate finance for their business, and the EIB-Moza Banco facility will address that financing gap. The project will support economic growth, […] todayDecember 21, 2023 38
insert_link Business / Economics FNB Namibia launches campaign to educate seniors citizens FNB Namibia has started a countrywide tour to talk to older people about scams. The bank’s spokesperson, Hileni Amadhila says the campaign aims to teach senior citizens how to keep their personal banking details safe, especially their PINs and OTPs. todayDecember 20, 2023 78
insert_link Business / Economics Amushelelo gives update on planned national unemployment protest Following a letter from the lawyers of Rani Group of Companies, Weder, Kauta & Hoveka Incorporated, about stopping the planned closure of the company's shops, we contacted social justice and economic activist, Michael Amushelelo for an update. Amushelelo, who faced an assault by security personnel upon arriving at the stores, also gave a brief update on next year's plan for a national unemployment protest on Independence Day. The activist has […] todayDecember 20, 2023 63
insert_link Business / Economics United Kingdom inflation rates fall Inflation in the UK has dropped to under 4% - the lowest it's been in more than two years. UK Chancellor (finance minister) Jeremey Hunt says he's cautiously optimistic. todayDecember 20, 2023 15
insert_link Business / Economics Trustco Group reports resilient 2023 financial results Trustco Group Holdings Limited has released its 2023 financial results. The group maintained strong financial standing, ending the year with N$ 1.15 billion in shareholders' equity. However, the Group's Net Asset Value declined from N$ 1,834 million to N$ 1,153 million. Here’s Deputy CEO Quinton Van Rooyen Junior. todayDecember 19, 2023 60
insert_link Business / Economics Houthi attacks disrupt Red Sea shipping Analysts warn that recent attacks on commercial ships in the Red Sea by Houthi rebels may raise oil and goods prices. Companies, including Maersk, are diverting shipments via Africa's Cape of Good Hope to avoid the affected route, causing potential delays, as explained by Guy Platten from the International Chamber of Shipping. Meanwhile, the BBC reports that the disruption has led the United States to launch an international naval operation […] todayDecember 19, 2023 35
insert_link Africa Africa gets shot in the arm as African Pharmaceutical Technology Foundation gets underway Africa’s efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly today as the African Pharmaceutical Technology Foundation and the Rwandan Government signed the host country agreement paving the way for the Foundation’s operationalisation. The Foundation also signed a memorandum of understanding with the European Investment Bank to further strengthen cooperation. The African Development Bank Group's Board […] todayDecember 19, 2023 14
insert_link Business / Economics Africa’s top 25 Best Places to Work revealed for 2023 The Best Places to Work organization announced today the top 25 most performing employers in Africa for 2023. The program recently compiled its annual list based on the assessment of over 500 organizations operating across the continent. Findings from this year indicated that the top performing organizations in Africa continued to invest in creating a highly-engaged workforce, with an average engagement score of 80%,1 point lower compared to last year […] todayDecember 19, 2023 9