Zimbabwe expects to raise $700-million a year from a new tax on money transfers that triggered panic buying of goods from fuel to sugar and sent its quasi-currency plunging.
Automating the claims process would benefit both the insurer and the insured. It is already possible, and it seems likely that things will move quickly in this direction.
South African insurance technology company Click2Sure, founded by former Naspers executives, said on Wednesday that it has secured funding from Nasdaq-listed Greenlight Capital Re.
In this episode of the podcast, Duncan McLeod interviews Shaun Dippnall, co-founder of the Explore Data Science Academy, on the launch of Explore 10X, a programme to develop new fintech businesses in South Africa.
South Africa will strive to allow competition into its banking system in a way that won’t threaten the stability of the industry as more and more entrants seek to rival the nation’s biggest lenders.
JSE-listed Net1 UEPS Technologies and QR-code payments specialist Zapper said on Thursday that they will launch a new company, called ZappGroup Africa, to white-label and expand Zapper’s technology across Africa.