Ethopia
Ethiopia: EU watchdog clears Vodafone, Safaricom venture for Ethiopia entry
The European Commission (EC) has cleared a joint venture between Safaricom and its parent firm Vodafone for Ethiopia entry after initially announcing plans ...
News
SOUTH AFRICA:RESERVE BANK GOVERNOR SAYS SOUTH AFRICA SHOULD TARGET LOWER INFLATION
Reserve Bank governor Lesetja Kganyago says South Africa should adopt an inflation ‘point target’ of around 3% or 4% with a margin of ...
Nigeria
Nigerian fintech startup, Prospa raises $3.8 million pre-seed round
Nigerian fintech startup, Prospa has closed a $3.8 million pre-seed round. The investors in the round include VCs like Global Founders Capital and ...
News
Nigeria: MTN renews licenses with over N71 billion for 10 years
MTN Nigeria Communications Plc has paid over N71.9 billion to the Nigerian Communications Commission (NCC) to renew its Unified Access Service (UAS) license ...
Nigeria
CBN directs banks, PSPs to process bulk payments on platforms
The Central Bank of Nigeria, CBN, has directed banks and Payment Service Providers , PSPs, to commence processing of end-to-end bulk payments or transfers ...
Ghana
Ghana: MTN appoints Shaibu Haruna as Chief Sales and Distribution Officer
MTN Ghana has appointed Shaibu Haruna as Chief Sales and Distribution Officer responsible for providing strategic direction for MTN’s Sales Strategy, Operating Model, ...
News
South Africa’s financial watchdog slaps US short-seller Viceroy with R50m fine over Capitec report
South Africa’s financial markets regulator, the FSCA, has fined US short-seller Viceroy R50-million for a ‘false and misleading’ 2017 report accusing the country’s ...
News
Nigeria: FIRS loses VAT appeal as Lagos joins tax war
A Federal High Court sitting in Port Harcourt, Rivers State, has dismissed an application by the Federal Inland Revenue Service, FIRS, seeking to ...
News
Stanbic IBTC Holdings Announces 50.1% Drop in Profit, Declares N1.00 Interim Dividend
Stanbic IBTC Holdings Plc has announced 50.1 per cent drop in profit for half year ended June 30, 2021 amid weak gross earnings ...
News
Nigeria: Bitcoin, others pose danger to global economy -EFCC boss
The Chairman, Economic and Financial Crimes Commission, Abdulrasheed Bawa, has said Bitcoin and other cryptocurrencies portend huge risks to the world economy. According ...