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Ghana: MoneyGram partners ADB to launch cash account

Ghana: MoneyGram partners ADB to launch the MoneyGram cash account

June 5, 2018 • Finance, Top Stories, West AfricaComments Off on Ghana: MoneyGram partners ADB to launch the MoneyGram cash account

MoneyGram has announced a partnership with Ghana’s Agricultural Development Bank (ADB) and the Ghana Interbank Payment and Settlement Systems (GhIPPS) to launch the MoneyGram cash account in the country. This partnership will allow Ghanaians abroad the opportunity to send money directly to their individual accounts in Ghana. It aims to expand...

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Anil Krishnan, Head of Africa Region at Comviva

Cassava Fintech and Comviva win the East Africa Com Award 2018

June 4, 2018 • East Africa, FinanceComments Off on Cassava Fintech and Comviva win the East Africa Com Award 2018

Cassava Fintech and Comviva have jointly won the East Africa Com Award in “Fintech Innovation Award” category for EcoCash Merchant Payments powered by mobiquity® Money. The award was presented recently at Radisson Blu Hotel in Nairobi, Kenya. This was...

FAO and Rabobank renew partnership to help smallholders participate in agribusiness boom

Cooperatives can support inclusive growth in Africa

June 4, 2018 • East Africa, Finance, North Africa, Southern Africa, West AfricaComments Off on Cooperatives can support inclusive growth in Africa

Africa boasts huge potential for social and economic development, with agribusiness poised to play a major role. Without policies and partnerships that enable smallholder farmers – including subsistence farmers and pastoralists – to participate in...

Be prepared when it comes to retirement tax

Be prepared when it comes to retirement tax

June 4, 2018 • Finance, Southern AfricaComments Off on Be prepared when it comes to retirement tax

As contentious as the issue may be, the reality of life for those retiring or approaching retirement in South Africa is that savings in whatever form, including a retirement fund lump sum and tax-free investments are taxable. But forewarned is forearmed says...

Will robots enhance or eliminate jobs?

Will robots enhance or eliminate jobs?

May 31, 2018 • Finance, Gadgets and Gaming, Top StoriesComments Off on Will robots enhance or eliminate jobs?

Science fiction is a thing of the past. Augmented reality has outstripped the technological imagination. We have to learn to co-create with our own creations. This is the advance message of the forthcoming Industry 4.0 Workshop at Sustainability Week 2018,...

The new standard for cross-border payments dramatically improves the customer experience in cross-border payments by increasing their speed, transparency and end-to-end tracking

African banks to become more competitive with SWIFT gpi

May 31, 2018 • East Africa, Finance, North Africa, Southern Africa, West AfricaComments Off on African banks to become more competitive with SWIFT gpi

5 African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Africa, FirstRand Bank, ABSA Bank and Nedbank – and many others...

Gives consumers a new option to receive funds in Africa's fifth largest remittance recipient market

MoneyGram launches services to all bank accounts in Ghana

May 30, 2018 • Finance, Top Stories, West AfricaComments Off on MoneyGram launches services to all bank accounts in Ghana

MoneyGram announced on Tuesday 29 May 2018,  the launch of money transfer service directly to any bank account in Ghana. Funds can be sent via MoneyGram online or at any one of MoneyGram’s thousands of locations around the world. The money can be...

A brave new world for accountants?

A brave new world for accountants?

May 30, 2018 • Finance, Top StoriesComments Off on A brave new world for accountants?

Accountants need to adapt to a new reality, one where technology is a dominant feature of our financial systems, capital markets, and organisational processes. This is according to Anton Colella, CEO of Moore Stephens International Limited. He notes that,...

The last two financial years have been tough on South Africans.

Why the SA stock trading industry needs customer service

May 29, 2018 • Finance, Southern AfricaComments Off on Why the SA stock trading industry needs customer service

South African banks are rated globally as sound and strong, with international banking advisory groups applauding the stability of service in corporate and retail banking. The stock trading industry on the other hand, is dominated by complacency and a lack of...

mCoin: The only Cryptocurrency for the 3 billion people without the internet

mCoin: The only Cryptocurrency for the 3 billion people without the internet

May 28, 2018 • Finance, Online & SocialComments Off on mCoin: The only Cryptocurrency for the 3 billion people without the internet

mCoin is the world’s first Cryptocurrency which works on any mobile with or without the internet. It is supported on ONEm’s mobile ecosystem with many practical applications. So far more than 30,000 people from over 150 countries own mCoin and are...

Matthew Barnard, executive head of banking at BBD

Banking the unbanked: serving the excluded

May 28, 2018 • Finance, Top StoriesComments Off on Banking the unbanked: serving the excluded

Two billion people worldwide do not have a bank account or access to financial institutions. Often referred to as the unbanked, they generally only pay in cash or purchase money orders. Matthew Barnard, the executive head of banking at BBD, explains in a...

BBD executive head of banking Matthew Barnard

Are feature analysts the new business analysts?

May 25, 2018 • FinanceComments Off on Are feature analysts the new business analysts?

As Agile continues to gain momentum in large enterprises, we continually need to review how we adapt traditional roles to the new paradigm. The role of a business analyst (BA) has caused much discussion over the years, with Scrum guides indicating the need...

President of the African Development Bank, Ayodeji Adesina

Korea is a model for Africa’s industrialisation, says President Adesina

May 23, 2018 • East Africa, Finance, North Africa, Southern AfricaComments Off on Korea is a model for Africa’s industrialisation, says President Adesina

The 53rd Annual Meetings of the African Development Bank (www.AfDB.org) opened in Busan, Korea, on Monday with a call on African Governments to create the right environment for the private sector to lead the continent’s industrial revolution. Participants...

Cryptocurrency-ATM launches in South Africa

Cryptocurrency-ATM launches in South Africa

May 21, 2018 • Finance, Southern Africa, Top StoriesComments Off on Cryptocurrency-ATM launches in South Africa

Vendibit, a South African blockchain company, has announced the re-opening and rebranding of Africas very first “VTM”, a “cryptocurrency-ATM”, also called a BTM, upgraded with Vendibit blockchain technology. The machine originally...

Kenya: Mobile ordering and payment solution launched for small kiosk owners

IFC, Mastercard Foundation Extend Financial Inclusion for Millions in Africa

May 17, 2018 • East Africa, Finance, North Africa, Southern Africa, West AfricaComments Off on IFC, Mastercard Foundation Extend Financial Inclusion for Millions in Africa

“Financial inclusion is one of Africa’s great success stories of this decade. Mobile money solutions and agent banking now offer affordable, instant, and reliable transactions, savings, credit, and even insurance opportunities in rural villages and urban...

Dr Abiyi Ahmed the Prime Minister

‘We are all winners with AfCFTA,’ says Ethiopian Prime Minister

May 15, 2018 • East Africa, FinanceComments Off on ‘We are all winners with AfCFTA,’ says Ethiopian Prime Minister

The transformational opportunities offered by the African Continental Free Trade Area together with the measures needed to unlock them has been the focus for a High-level Ministerial Dialogue convened by the UN Economic Commission for Africa in Addis Ababa...