Orange opens two new Orange Money remittance corridors to Burkina Faso and Morocco
People from Burkina Faso and Morocco living in France can use their Orange Money account to quickly send money to their family and friends
Browsing: Banking & Finance
Abel Sithole named new PIC CEO
Abel Sithole has been named the new CEO of South Africa’s Public Investment Corporation (PIC),…
IMF rejects COVID-19 relief package for Zambia
Fund cites Zambia’s higher public debt which is on an unsustainable path as reasons for rejecting the country’s request
SA Reserve Bank again cuts repo rate as economic outlook worsens
The Reserve Bank’s monetary policy committee has voted to reduce the repo rate for the fourth time this year
Kenya rejects G20 debt relief initiative over restrictive terms
Kenya will not seek a suspension of debt payments under a G20 initiative
Nigerian manufacturers confirm dollar scarcity
Manufacturers have confirmed dollar scarcity is real and no one knows when it will end
Zambia seeks IMF funding to help soften impact of coronavirus
Discussions with the IMF on the rapid credit facility are continuing, the finance ministry said in a statement
Nedbank, SimplyBiz launch BackaBusiness crowdfunding
Initiative aimed at supporting entrepreneurs through the COVID-19 pandemic
ABSA PMI business activity indicator crashes to all-time low
Export sales also fell sharply in April 2020
IMF Executive Board approves $442m for Senegal
Disbursement falls under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument