Are Banks Open on Black Friday? A Comprehensive Guide Black Friday, the day after Thanksgiving, is renowned for its incredible shopping deals and discounts. As you plan your shopping spree, you may also be wondering about the availability of banking services on this busy day. In this comprehensive guide, we will explore whether banks are … Read More “Are Banks Open on Black Friday?” »
Image Credit: Orient Tea To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, … Read More “Orient Tea lands investment from SEAF, DFC, USAID and ABCapital” »
Load shedding, floods in KwaZulu-Natal, rising inflation, and a stronger Dollar have all played their part in pushing the Rand back above R16.00 versus the Dollar in recent sessions The rand held its ground against the dollar in afternoon trade on Tuesday (3 May), having given up 3.6% over last week, trading at R15.99 relative … Read More “Rand to the rescue” »
Black Mamba’s products on the shelves of a City Super store in Taiwan. With its vast areas of arable land, favourable climate and affordable labour, Africa possesses significant potential to export packaged food products to developed countries. Additionally, global interest in unique African foods is on the rise. Tapping into this potential is Black Mamba, … Read More “Exporting Made-in-Africa products to 15 countries: CEO reveals her strategies” »
The Federal Reserve’s preferred measure of underlying inflation posted the smallest back-to-back increases since late 2020, encouraging a burst of consumer spending and feeding growing expectations that the economy can avert a recession. The core personal consumption expenditures price index, which strips out the volatile food and energy components, rose 0.2% in July for a … Read More “Fed’s preferred inflation gauges rise modestly, spending jumps” »
by Fintechnews Africa 28 August 2023 Fintech in Africa has witnessed significant growth and dynamism in recent years, driven by a combination of favorable demographic, economic and technological factors. Between 2017, the number of fintech startups active in the continent increased by 125.2% to reach 678 ventures, according to the latest edition of Disrupt Africa’s … Read More “Top 9 Upcoming Fintech Events in Africa” »
Sue Gardiner quit her position as a financial advisor about a year ago to tend to some family matters. She was only gone a couple of months, but she could hear the clock ticking on her industry licenses. Advisors used to be able to retain their qualifications from passing broker and investment advisor exams for … Read More “NASAA launches program letting advisors maintain licenses longer” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Beyond Capital and Variant Investments lead round for Kenyan fintech” »
In a groundbreaking move that is set to transform the music landscape across Africa, Mdundo, the leading African music streaming and download platform, has reaffirmed its unwavering commitment to supporting artists and revolutionizing the industry through transparent and fair royalty payment practices. With an impressive projected payout of up to $1.5 million over the next … Read More “African music service, Mdundo.com, to pay up to $1.5 million to musicians in the next 12 months” »
Receive free South African economy updates We’ll send you a myFT Daily Digest email rounding up the latest South African economy news every morning. President Cyril Ramaphosa’s bid to fix the broken Eskom power monopoly is in disarray after the South African government on Wednesday abruptly terminated a state of disaster over the country’s rolling … Read More “South Africa backtracks on Eskom state of disaster” »
