Africa: Countries Suffer When Credit Rating Agencies Lack Data – How to Fix the Problem At Source

Africa: Countries Suffer When Credit Rating Agencies Lack Data – How to Fix the Problem At Source

Some developing country governments spend years making the reforms that international financial institutions want – only to find that their efforts are not rewarded. They may make budgets more transparent, publish their debt obligations, set up independent bodies to monitor government spending, and complete an International Monetary Fund programme, but still receive the same ratings…

Read More
Regulators move to fix loopholes in e-commerce sector

Regulators move to fix loopholes in e-commerce sector

Regulators have called for platform accountability, stronger legislation and improved enforcement in SA’s e-commerce industry. As South Africa’s e-commerce sector enters a new era of growth and maturity, the National Consumer Commission (NCC) is moving to tackle several challenges consumers face when making online purchases. These include misleading advertising, outdated laws, refund disputes, delivery challenges,…

Read More
Africa: Countries Suffer When Credit Rating Agencies Lack Data – How to Fix the Problem At Source

Africa: Xtransfer Targets Africa to Fix Costly Cross-Border Payments for SMEs

China-based fintech platform XTransfer is accelerating its expansion into Africa after recording more than 300 per cent growth in the region last year, as small and medium-sized enterprises (SMEs) increasingly seek faster and cheaper ways to handle cross-border trade payments, according to a senior leader at the firm. With trade between Africa and global manufacturing…

Read More
Billions flow into renewables as South Africa races to fix its grid

Billions flow into renewables as South Africa races to fix its grid

Sola Group’s Springbok solar farm South Africa’s renewable energy sector is poised for a busy year, with multiple projects set to reach commercialisation or break ground as market confidence remains generally upbeat. According to industry body the South African Photovoltaic Industry Association, the country’s renewable energy sector is heading in the right direction. “The policy…

Read More
Board changes not enough to fix MultiChoice

Board changes not enough to fix MultiChoice

David Mignot, CEO of Canal+ Africa and MultiChoice Group. Board changes at MultiChoice, as it and Canal+ start implementing a new structure, will only be a lifeline if they deliver tangible returns. So say analysts after the companies yesterday said final approvals were granted for Canal+’s takeover of MultiChoice Group (MCG), which analysts see as…

Read More