EFTs may go in Reserve Bank payments overhaul

EFTs may go in Reserve Bank payments overhaul

Reserve Bank govenor Lesetja Kganyago The South African Reserve Bank has released a position paper outlining how it intends carrying out its national payments ecosystem modernisation programme. According to Reserve Bank governor Lesetja Kganyago, the programme’s objectives include developing and establishing a national payments utility, increasing competition, and ensuring cash is no longer the only…

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Africa: Paymenow Gets .5m Facility From Standard Bank for Africa Expansion

Africa: Paymenow Gets $22.5m Facility From Standard Bank for Africa Expansion

TLDR South African earned wage access startup Paymenow has clinched a ZAR400 million ($22.5 million) working capital facility from Standard Bank Founded in 2019, Paymenow provides employees with real-time access to earned wages, helping them avoid payday lenders and improve their financial wellness The Stellenbosch-based startup previously raised a ZAR250 million ($14 million) debt facility…

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Palestinian American Saif Mussallet’s killing in Israeli-occupied West Bank draws U.S. call for investigation

Palestinian American Saif Mussallet’s killing in Israeli-occupied West Bank draws U.S. call for investigation

U.S. Ambassador to Israel Mike Huckabee said Tuesday that he had “asked Israel to aggressively investigate the murder of Saif Mussallet,” a Palestinian American national who was visiting family in the Israeli-occupied West Bank when “he was beaten to death.” “There must be accountability for this criminal and terrorist act,” Huckabee said in a social media…

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Africa: Paymenow Gets .5m Facility From Standard Bank for Africa Expansion

Africa: World Bank Report Highlights Gender Dynamics and Opportunities in Botswana

GABORONE, July 15, 2025-The World Bank has released a comprehensive report, “Trends and Opportunities to Advance Gender Equality in Botswana“, analyzing gender dynamics across life-cycle stages to guide policymakers, the civil society, and development partners on key challenges and opportunities for advancing gender equality. It reveals how structural barriers in education access, financial inclusion, and…

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Africa: Paymenow Gets .5m Facility From Standard Bank for Africa Expansion

Africa: World Bank Country Manager Hails Liberia’s First Certified Public Sector Accountants Graduation As Landmark for Africa

Monrovia — The World Bank’s Country Manager for Liberia, Georgia Wallen, has praised Liberia’s historic graduation of its first cohort of Certified Professional Public Sector Accountants (PPSAs), describing it as a landmark achievement not just for the country, but for the entire African continent. Speaking at the inaugural graduation ceremony hosted by the Liberia Institute…

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