Finance
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South African rand, stocks fall as global risk appetite weakens
JOHANNESBURG, (The Southern African Times) – South Africa’s rand and local stocks retreated early on Thursday, as risk appetite weakened across global…
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Credit Suisse to pay $475 mln to resolve Mozambican scandal charges
WASHINGTON/ZURICH, (The Southern African Times) – Credit Suisse Group AG (CSGN.S) will pay about $475 million to American and British authorities to…
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Afreximbank and Government of Barbados Enter Milestone Understanding for Africa Diaspora Trade Ties
BRIDGETOWN, (The Southern African Times) – African Export-Import Bank (Afreximbank) and the Government of Barbados have signed a Memorandum of…
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Rwanda to host continental conference on microfinance
KIGALI (The Southern African Times) – Around 600 international finance professionals are gathered in Kigali for the five-day Africa Microfinance…
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S.Africa’s banks say they can’t cut off funding for coal just yet
JOHANNESBURG, (The Southern African Times) – South African banks say they have to keep funding at least some coal projects for now…
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Bajabulile Tshabalala appointed as Senior Vice President of the AfDB Group
LONDON, (The Southern African Times) – The African Development Bank Group (AfDB), has announced the appointment of Ms. Bajabulile “Swazi”…
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Kuda partners with Network International to promote cashless payments
NIGERIA – In a move aimed at driving its independent payment cards offering, Kuda Technologies, the challenger bank for Africans,…
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Emirates NBD and Emirates Islamic unveil ‘Future Banking’ at Expo 2020 Dubai
DUBAI, (The Southern African Times) – Supporting Expo 2020 Dubai’s theme “Connecting Minds, Creating the Future” and subthemes Opportunity, Mobility…
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Africa’s Adoption of Contactless Is Generating New Growth Opportunities
(The Southern African Times) – New opportunities have emerged for both African companies and foreign investors in the wake of…
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Access Bank Acquires 78.15% Stake in BancABC Botswana
GABORONE, (The Southern African Times) – Access Bank Plc on Tuesday announced on the Nigerian Exchange Limited (NGX) that it…
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