A former IT operator is accused of exploiting bank systems, causing Standard Bank losses exceeding R1.9 million. A former IT operator at Standard Bank has been released on bail after appearing in court on fraud and theft charges linked to alleged internal system abuse. According to the South African Police Service (SAPS), Vivian Brink, 60,…
The World Bank has cautioned that the expiration of the United States’ African Growth and Opportunity Act (AGOA) in late 2025 poses a serious threat to African exports, warning that the loss of preferential access to the U.S. market could undermine economic growth in several Sub-Saharan African countries at a time when the region’s recovery…
Kampala , Uganda — Africa PR Week, the continent’s leading platform for public relations and strategic communications professionals, has named Stanbic Bank Uganda’s Kenneth Agutamba among the Top 100 Corporate Communication Leaders in Africa. The recognition, announced during Africa PR Week in Nairobi, places Agutamba among a select group of practitioners shaping how African organisations…
The following is the transcript of the interview with Bank of America Chairman and CEO Brian Moynihan that aired on “Face the Nation with Margaret Brennan” on Dec. 21, 2025. Editor’s note: This interview was filmed on Dec. 17, 2025. MARGARET BRENNAN: Well, thank you for making time. BANK OF AMERICA CEO BRIAN MOYNIHAN:…
Palestinian death toll since the start of the truce in Gaza rises to 411 amid near daily Israeli violations. Published On 26 Dec 202526 Dec 2025 Click here to share on social media share2 Share Israeli forces have fatally shot a Palestinian man east of Gaza City as they continue their ceasefire violations and carry…
Predictors of financial access and implications for domestic capital mobilisation Key findings Financial inclusion in Africa operates on two distinct but overlapping tracks. Ownership of mobile-money accounts is far more widespread than ownership of traditional bank accounts, indicating that digital platforms have become the primary gateway to financial services for a majority of Africans. Both…
The Mojaloop Foundation and the Central Bank of Liberia (CBL), in collaboration with Singapore-based ThitsaWorks and The AfricaNenda Foundation, today announces the launch of the Liberian Inclusive Instant Payments System (IIPS), a modern real-time interoperable payments platform powered by Mojaloop, the open-source payments infrastructure built to advance digital financial inclusion. IIPS will principally enable mobile…
The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 15, 2025. Bloomberg | Bloomberg | Getty Images Thursday’s bonanza of four European central banks announcing interest rate decisions was as expected: the European Central Bank, Norges Bank, and Riksbank held their rates, while the Bank of England cut. But there…
Advancing Cross-Border Payments At the — inaugural Pan-African Payment and Settlement System (PAPSS) COWRY 2025 Participants Forum, held in Lagos, Nigeria. The event brought together policymakers, regulators, financial institutions, and payment experts to explore pathways toward “Building an interoperable and sovereign African payment ecosystem for trade and economic growth.” In alignment with the theme, discussions…
In this episode of ITWeb TV, Lincoln Mali, CEO of Lesaka Southern Africa, talks about how the company grew from a struggling operation to a fintech powerhouse, and how its acquisition of Bank Zero will unlock new digital banking opportunities for customers. Lesaka Technologies’ acquisition of Bank Zero is expected to significantly strengthen the fintech…
