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Payments

3 Results / Page 1 of 1

Background

Business / Economics

Common Monetary Area payments set to change

The banking sector will, as of 15 April 2024, change the way clients make and receive payments between Namibia, Eswatini, Lesotho, and South Africa. After that date all cross-border EFT payments processed and received by clients within the Common Monetary Area will no longer be processed as domestic payments, but will instead be initiated as global, or international payments. Here is FNB Namibia Payments Manager Albert Matongela with more.

todayMarch 22, 2024 34

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 8

Business / Economics

The Importance of Business Planning for the Closing Seasons

By Josef Kefas Sheehama The holiday season is a particular instance when you might have a lot of different demands on your time, both professionally and personally. Before you know it, you’re halfway through December and the Christmas shut-down period is just around the corner. In order to really switch off from your business it pays to do a little forward planning first. Just because you’re taking a well-earned break […]

todayNovember 29, 2023 10

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