by Fintechnews Africa 22 September 2023 In Tanzania, financial inclusion is improving at a rapid pace, facilitated by the proliferation of mobile phones and a significant uptake in mobile money services usage in the country, a 2023 study by Financial Sector Deepening Tanzania (FSDT), a local organization supporting the development of the financial sector and … Read More “Financial Inclusion Improves in Tanzania, Facilitated by Mobile Money” »
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The Federal Reserve is expected to pause its interest-rate hikes Wednesday for the second time this year following a slowing in inflation while leaving the door open for another increase as early as November. The Federal Open Market Committee will keep rates steady at its September 19-20 meeting in a range of 5.25% to 5.5%, … Read More “Fed set to pause rate hikes, but don’t count out another increase” »
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by Fintechnews Africa 13 September 2023 In recent years, the emergence of agritech and fintech providers in East and Southern Africa (ESA) has brought about innovative solutions designed to address the needs and challenges of smallholder farmers and underserved groups. A new report released in May 2023 by the United Nations’ International Fund for Agricultural … Read More “5 Agri-Fintech Startups from Africa to Know” »
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Brent oil headed for a third weekly gain as the market continued to tighten on the back of supply curbs from Saudi Arabia and Russia. The global crude benchmark advanced above $94 a barrel, after closing 2% higher on Thursday. The International Energy Agency and Organisation of Petroleum Exporting Countries both warned this week that … Read More “Brent oil set for third weekly gain with tighter markets in view” »
by Company Announcement 13 September 2023 In a pivotal moment that heralds a transformative era for African fintech, cutting-edge Android payment devices are reshaping the paradigm of in-store and forecourt transactions. These technologically advanced devices, meticulously crafted and supplied by Wiseasy, bear the AddPay brand, setting a sensory benchmark when compared to the prevailing, mundane … Read More “Addpay and Wiseasy Unveil Game-Changing Android Payment Solutions” »
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South African bonds extended declines on Tuesday after a top official said tax revenue is falling well short of targets, fuelling concerns that the government will have to flood an already near-saturated market with increased bond issuance. The warning from South African Revenue Service Deputy Commissioner Johnstone Makhubu came after the National Treasury last week … Read More “SA bonds extend losses on tax warning” »
