Nigeria’s central bank plans to license more payment providers in an effort to improve the country’s financial inclusion rate to 80% by the end of next year from about 60%.
Author: Agency Staff
Eskom, South Africa’s biggest polluter, is struggling to curb its highest particulate emissions in two decades after its Kendal power plant was damaged during a strike.
The financial woes dogging South Africa’s behemoth state power utility show little sign of letting up even as the government grants it massive bailouts.
For better or worse, the month of November has always been one to remember in the world of bitcoin.
Lawyers for Huawei chief financial officer Meng Wanzhou are opposing the broadcast of her extradition proceedings in Canada, saying it’d raise the risk of US President Donald Trump muddying her case.
Ghana’s central bank is considering the issue of a digital currency to complement the growth in electronic payment systems, such as mobile money, according to the governor, Ernest Addison.
South African business confidence improved in the fourth quarter for the first time in almost two years, yet the economy remains stuck in a downward phase.
Dell Technologies lowered its annual revenue forecast after component shortages from supplier Intel blunted growth prospects despite buoyant corporate demand for new PCs.
Xerox has said it plans to go directly to HP shareholders to present its case for a tie-up, in its latest push for a combination that is also backed by Carl Icahn.
President Cyril Ramaphosa has reiterated that government’s attempts to reconfigure and split Eskom into three divisions is not aimed at privatising the embattled power utility.