Sunday, January 12, 2025
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Company News

Absa Kenya Returns to Court to Challenge Tax Dispute

Zintle -
The Supreme Court has agreed to hear a case by Absa Bank Kenya challenging a move by the Kenya Revenue Authority (KRA) to collect payments paid to multinational credit card firms such as Visa and MasterCard in royalties. Absa returns...
Artificial Intelligence

IBM Announces Real-Time AI for Transaction Processing

Zintle -
On Thursday, IBM an international tech company, announced IBM z16, a Telum processor that allows clients to infuse AI inferencing for real-time insights. This innovation is designed to enable clients to analyse real-time transactions, at scale -- for mission-critical...
East Africa

African banks to become more competitive with SWIFT gpi

Staff Writer -
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...
Top Stories

MasterCard launch electronic bill-paying services with Fawry

Staff Writer -
The Egyptian Electronic bill presentment & payment (EBPP) company Fawry announced it is joining forces with MasterCard to provide payment services to Egyptian customers, the Middle Eastern News service Bawaba reported Wednesday. Fawry’s EBPP consolidate billing services for businesses, and...
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Latest News

Company NewsMamsi Nkosi -

Ethiopia Inaugurates First Stock Exchange

Ethiopia has officially inaugurated its first stock exchange in almost five decades. On January 10, 2025, Prime Minister Abiy...
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