Africa: Nigeria Intensify Efforts to Deepen Monetary Cooperation, Financial Integration Across Africa

Africa: Nigeria Intensify Efforts to Deepen Monetary Cooperation, Financial Integration Across Africa

Nigeria has stepped up efforts to host the African Union (AU) African Monetary Institute (AMI), signalling a renewed push toward deeper monetary cooperation and financial integration across the continent, as preparations intensify for the institute’s planned take-off in September 2026. The renewed commitment was reinforced on the sidelines of the ongoing IMF/World Bank Spring Meetings…

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Businesses invited to comment on release of SA’s draft financial education policy

Businesses invited to comment on release of SA’s draft financial education policy

South Africa has released a draft National Consumer Financial Education Policy for public comment, aiming to strengthen financial literacy and protect consumers from exploitation. Source: Pexels. The proposed framework seeks to improve decision-making, support financial well-being and co-ordinate efforts across the ecosystem in an increasingly digital economy while inviting stakeholders to contribute input before finalising…

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SAMRO increases distribution allocation to over half a billion rand for financial year 2025

SAMRO increases distribution allocation to over half a billion rand for financial year 2025

SAMRO ensures composers, authors and publishers are fairly compensated for the use of their musical works. The Southern African Music Rights Organisation (SAMRO) has reaffirmed its core mandate of administering and distributing royalties to music creators, announcing total distribution allocation of R630.2 million for the 2025 financial year. The 2025 distribution marks a 1.3% increase…

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Automating financial operations for faster, safer financial reporting

Automating financial operations for faster, safer financial reporting

R2R encompasses the entire financial close cycle – from recording transactions to reporting financial results. (Image: MoData) South African businesses are under pressure to deliver financial results faster while maintaining absolute accuracy and compliance. In industries like financial services, retail, telco and gaming, the volume and complexity of transactions have soared, making manual spreadsheet-based reconciliations…

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Postbank becomes licensed financial services provider

Postbank becomes licensed financial services provider

Communications and digital technologies deputy minister Mondli Gungubele. (Image source: GCIS) Postbank has been registered as a licensed financial services provider with the Financial Sector Conduct Authority. The licence, issued under the Financial Advisory and Intermediary Services Act, authorises Postbank to provide financial advice and intermediary services relating to financial products within a regulated framework….

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Africa: Nigeria Intensify Efforts to Deepen Monetary Cooperation, Financial Integration Across Africa

Africa: Nsia Group Creates Financial Holding to Centralize Banking Operations

NSIA Group is restructuring its financial services business with the creation of NSIA Holding Financière, a new entity designed to centralize its banking and financial activities. The move follows a strategic reorganization launched in 2025 aimed at improving operational coordination and supporting expansion across African financial markets. The group said the new structure will serve…

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