south-african-rand

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – WHILE South Africans are known to be poor savers, amid estimations only 6 percent can afford to retire comfortably,nonetheless, predominantly Rand-based investments offer no guarantees of a protected future lifestyle. In addition, foreign exchange control legislation that previously forced citizens More...

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By On Friday, August 18th, 2017
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Absa, China Development Bank sign $100 million deal

By MTHULISI SIBANDA in Johannesburg JOHANNESBURG, (CAJ News) – ABSA Bank has concluded a five-year $100 million (R1,32 billion) Special Facility Agreement with the China Development Bank (CDB). The first major More...

econet 1
By On Tuesday, August 15th, 2017
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Econet dominant in Zimbabwe mobile money space

from MARCUS MUSHONGA in Harare, Zimbabwe HARARE, (CAJ News) – ECONET Wireless, the leading mobile network operator,has maintained its dominance in Zimbabwe’s mobile money payments sector.According to statistics More...

rwanda energy
By On Tuesday, August 8th, 2017
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Rwanda power utility enhances operational efficiency

From PHYLLIS BIRORI in Kigali, Rwanda KIGALI, (CAJ News) – RWANDA Energy Group (REG) has embarked on a drive to streamline its business processes, improve corporate governance and enhance operational performance.Its More...

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By On Friday, August 4th, 2017
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Contact-less tech cards debuts in East Africa

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – KENYA Commercial Bank (KCB) Group has entered into a partnership with UnionPay International to enhance its digital payments services across the More...

nedbank
By On Thursday, August 3rd, 2017
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Nedbank urges startups to defy economic upsets

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – THE prevailing economic challenges afflicting South Africa must not deter plans to start new businesses, an economist has said. Nedbank economist, Busiswe Radebe, More...

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By On Wednesday, August 2nd, 2017
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Barclays announces partnership with fintechs

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – THE Barclays Africa Group will collaborate with several financial technology (fintech) companies to explore promising new technology-based solutions that could More...

Left to right: Oscar Siziba, Absa Managing Executive, Tshepo Seeta, eSpaza Sum Managing Director and founder; Anastasia Mathabathe, Spaza shop owner in Mamelodi and Tony Ferreira, Operations Director at Big Save celebrate the upliftment of the township economy.
By On Thursday, July 27th, 2017
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Absa allocates millions to grow township economy

Left to right: Oscar Siziba, Absa Managing Executive, Tshepo Seeta, eSpaza Sum Managing Director and founder; Anastasia Mathabathe, Spaza shop owner in Mamelodi and Tony Ferreira, Operations Director at Big Save More...

SAP Executive Board Member Adaire Fox-Martin
By On Thursday, July 13th, 2017
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SAP initiates probe into SA business

SAP Executive Board Member Adaire Fox-Martin JOHANNESBURG – SAP, the global market leader in enterprise application software, has initiated an independent investigation into allegations of unethical business More...

Central Bank of Nigeria, CBN
By On Wednesday, July 5th, 2017
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Nigerians up in arms over persistent bank charges

Central Bank of Nigeria, CBN LAGOS, (CAJ News) – A MAJORITY of Nigerians are concerned at what they believe are incessant and indiscriminate bank charges commercial banks are levying on their accounts. This More...