Addis Ababa, — Executive Secretary of the UN Economic Commission for Africa (ECA), Claver Gatete has urged a shift from rhetoric to results, calling for financial instruments that reflect Africa’s development needs. Speaking at a joint side event hosted by the UN’s five regional commissions at the Fourth International Conference on Financing for Development (FfD4)…
Cheslyn Jacobs, TymeBank chief commercial officer. TymeBank has warned that a proposed increase in biometric verification fees, from 15c to R10, could result in the financial exclusion of its low-income clients, particularly grant recipients, from formal banking. This, after the Department of Home Affairs (DHA) yesterday rolled out its new National Population Register (NPR). This…
In this episode of ITWeb TV, news editor Admire Moyo speaks to Lyle Hosley, head of fintech at the South African Reserve Bank, about the upcoming G20 Techsprint hackathon. She also discusses some of the biggest fintech trends the central bank is observing in South Africa. #SARB #Fintech #Cryptocurrency #Payments #Hackathon The South African Reserve…
Addis Ababa, Ethiopia | June 26, 2025 — Fifty African Union Member States have endorsed a ground-breaking digital micro-planning portal co-created by Africa CDC to accelerate the elimination of Neglected Tropical Diseases — a diverse group of infectious diseases that primarily affect impoverished communities in tropical and subtropical areas. This innovative platform developed with inputs…
Hawken McEwan, director of risk and compliance at nCino KYC Africa. While there is a great deal of work being done behind the scenes to combat financial crime in SA, fintech and legal experts have urged greater collaboration between the public and private sector to tackle money laundering and other forms of fraud committed using…
Washington — The World Bank has approved $115 million in concessional financing to support Senegal’s efforts to improve public debt sustainability, strengthen public financial management, and increase domestic resource mobilization. The financing, provided through the International Development Association (IDA), will help implement the government’s flagship reform program, the 2025-2029 Senegal Program for Transparency in Public…
Standard Bank, Africa’s biggest bank by assets, has been named as Africa’s Most Admired Financial Services Brand for 2025. The accolade was conferred as part of Brand Africa’s 15th annual Africa’s Best Brands report, based on an independent study conducted across 31 countries throughout the continent. Standard Bank, Africa’s biggest bank by assets, has been…
South African Reserve Bank optimism that South Africa could soon be removed from an international grey list is in part due to actions it has taken to mitigate against the risk that tech outages that could destabilise the country’s financial system. According to the Financial Stability Review report for the first half of 2025 released…
Hawken McEwan, director of risk and compliance at nCino KYC Africa. South African businesses are under growing pressure to improve financial crime detection as regulators tighten enforcement ahead of the country’s October 2025 deadline to exit the Financial Action Task Force (FATF) greylist. “Red flags are almost always there – but too often missed,” says…
At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom. EV makers, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma. “All of…
