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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

financial inclusion

23 Results / Page 3 of 3

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Africa

Nigerian E-payments eclipse South Africa’s 2022 GDP, in latest surge

When the Nigerian Central Bank introduced newly designed currency notes in November 2022 and a month later put a cap on the maximum amount of hard cash that individuals and corporations could withdraw, the idea was to tame money laundering in the country. During that year’s Christmas festive season and in the run-up to the 2023 Nigerian presidential election in February 2023 –– two high spending seasons –– the country […]

todayFebruary 15, 2024 11

Africa

Africa’s cashless revolution is on, banking on virtual cards

    By Bonface Orucho, bird story agency International card companies are vying for Africa's fast-evolving electronic payments market as middle-class incomes rise and the quest for cashless transactions intensifies. UnionPay International, a subsidiary of China's Union Pay, is the latest entrant in the African card payments market, warming up to face-off with Visa and Mastercard. Notably, UnionPay International is partnering with the Standard Bank Group, the largest bank in […]

todayJanuary 23, 2024 24

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Local

The Agriculture Bank of Namibia and KfW Development Bank collaborate to support Namibian Farmers and MSMEs in the agriculture sector

  On 14 December 2023, the Agricultural Bank of Namibia (Agribank) and KfW Development Bank entered into a historic agreement, signing a first concessional loan of just over 400 million NAD. This collaboration aims to empower farmers operating in both communal and commercial, as well as other agricultural or food-processing MSMEs in Namibia. Agribank will on-lend the funds for the target group of small scale farmers as well as the […]

todayDecember 15, 2023 19

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Business / Economics

Scramble in SA crypto market ahead of licensing round

By Conrad Onyango, bird story agency South Africa is witnessing an expansion in cryptocurrency offerings as the country gets closer to issuing its first operational licenses to financial service providers. Payment firms and fintech companies are driving the move, with commercial banks expected to follow suit. One of the latest offerings enables users to purchase goods and services using cryptocurrency, while another allows them to withdraw digital currency as cash […]

todayDecember 13, 2023 9

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Local

Kandjimi drives home in a brand-new Volkswagen Polo Vivo

Letshego Bank Namibia, in partnership with MasterCard, proudly announces Mr Karel Kaliki Kandjimi, a dedicated teacher from Tondoro Junior Pre-Primary School in Rundu, as the overall winner of the "Transact and Win campaign" car draw. The event, held in Windhoek on 13 November 2023, witnessed three finalists eagerly drawing individual keys. Kandjimi, as the second finalist, secured the key that unlocked a brand-new Volkswagen Polo Vivo valued at N$ 250,000. […]

todayNovember 15, 2023 13

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