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Tag: Business

Africa Business South Africa Southern Africa World 

South Africa’s revamped local currency unveiled

Elwin Mandowa, , , , , , , , ,
South Africa has unveiled upgraded banknotes and fourth decimal coin series. The new currencies have new designs and enhanced security features utilising the latest technology to protect the integrity of the currency. The South African Reserve Bank (SARB) said the upgraded banknotes and coins have now been released into the South African market. The new denominations are now available effective… Read More
Africa Business World 

Near Blockchain Operating System is Now Live

Elwin Mandowa, , , , , , ,
NEAR Protocol, the open-source and climate-neutral blockchain, has officially gone live as a Blockchain Operating System (BOS), which makes Web3 usable for all. BOS is  a revolutionary, industry-first category, that establishes the NEAR Protocol as the entry point for browsing and discovering apps and experiences that are compatible with any blockchain. The BOS removes one of the main challenges of… Read More
Africa Business South Africa Southern Africa US World 

South Africa raises quota for US frozen bone-in chicken amid high cost

Elwin Mandowa, , , , , , , , ,
In an amendment to Schedule 4 the Customs and Excise Act (1964), published in the Government Gazette on 31 March 2023, it was announced that the annual quota for frozen bone-in cuts of the species Gallus Domesticus originating in or imported from the United States (US), would be increased from 71,290 tonnes to 71,632 tonnes, with retrospective effect from 1… Read More
Africa Business World 

African finance ministers demand action on global financial architecture reform

Elwin Mandowa, , , , , , ,
Coming out of the World Bank Group (WBG) and International Monetary Fund (IMF) Spring Meetings, a group of African Finance Ministers and partners is urging global institutions to do more to deliver for African countries. The WBG/IMF Annual Meetings will return to Africa for the first time in fifty years this October, which presents an eight-month window of opportunity for… Read More
Africa Business South Africa Southern Africa World 

3rd Edition of Connected Africa Summit to take place in Johannesburg

Elwin Mandowa, , , , , , , ,
After the grand success of the previous edition, the Connected Africa is back, back much bigger stronger and larger than before, themed “Transforming to Telco’s of the Future”. The 3rd Edition of Connected Africa, Africa’s premier Telecom Summit delivering holistic insight into digital infrastructure developments and trends. Organised by The International Center for Strategic Alliances is scheduled for the 25th… Read More
Africa Business World 

SouthAfricanCasinos.co.za Votes FatBet as Best New Casino of 2022

Elwin Mandowa, , , , , ,
The leading expert on top online casino brands in South Africa, South AfricanCasinso.co.za, has crowned FatBet Casino as the best new casino of 2022. It is no mean feat to receive such a prestigious award, considering how cut-throat the South African online gambling industry can be, and especially considering how many great new sites made an appearance last year. But… Read More
Africa Business South Africa World 

Opinion: Understanding South Africa’s Energy Crisis

Elwin Mandowa, , , , , , ,
Witnessing the far-reaching effects of South Africa’s continuing power cuts has been tremendously disheartening. The frequent and extended power outages taking place have left businesses in Africa’s most industrialized country struggling to function. Manufacturing is suffering. The national economy is taking a hit. The prolonged darkness is emboldening thieves and pushing crime rates up. And as state-owned utility Eskom spends… Read More
Africa Business Cameroon West Africa World 

Equatorial Guinea and Cameroon sign deal on cross-border cooperation

Elwin Mandowa, , , , , ,
Presidents of Equatorial Guinea and Cameroon have signed a bilateral treaty that would see the two West African countries cooperate on cross-border oil and gas development and monetization. The agreement was signed during the heads of state summit of the Economic and Monetary Community of Central Africa (CEMAC) countries held in Cameroon last week and is set to bring with it new… Read More
Africa Business West Africa World 

Ghana: Savings and loans scheme economically empowers rural women

Elwin Mandowa, , , , , , , ,
In her early thirties, Zainab Amadu for the past two years has been running a beads making business in Kenyase, Ghana’s Ahafo region. She also operates a mobile money transfer business, multiplying her source of livelihood. Initially though Zainab struggled to put herself to work due to lack of access to capital. The banks won’t give her loan since she… Read More
Africa Business World 

Financial Education the Key for Growth in Africa

Elwin Mandowa, , , , ,
Africa is a rapidly growing region with a lot of potential to be a major contributor to the world in many industries. However, the region has lagged for many years, with African leaders facing many challenges when it comes to creating stable and productive economies. One area that could help boost the growth rate of African countries is increased financial… Read More