Finance & Banking
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Africa Investment Forum drums up global investor interest ahead of Market Days 2023
KAMPALA, September 26, 2023 – The Africa Investment Forum, Africa’s premier marketplace, is holding investor roundtables to drum up interest in bankable deals in energy, agribusiness, manufacturing and other sectors where Africa…
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Release of Absa Africa Financial Markets Index 2023 slated for October 12
MARAKKECH, September 25, 2023 – The Absa Africa Financial Markets Index 2023 will be released on October 12, 2023, in Marrakech, Morocco, according to the organisers. Now in its seventh year, the…
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Top 10 best cooperative banks in India named
NEW DELHI, September 25, 2023 – The significance of cooperative banks in a burgeoning nation such as India cannot be underestimated. The cooperative banking sector has played a pivotal role in uplifting…
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South Africa: Politicians hold fruitful engagement on establishing specialised cooperative bank
JOHANNESBURG, September 22, 2023 – The Multi-Party Women’s Caucus [MPWC] in the Parliament of South Africa yesterday held a constructive and fruitful engagement with the Department of Women, Youth, and Persons with…
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Standard Chartered employees to access minimum 20-week parental leave benefit
KAMPALA, September 20, 2023 – Standard Chartered Bank recently announced the rollout of enhanced global parental leave benefits that will also benefit its employees in Uganda, effective September 1, 2023. According to…
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COMESA central banks get expertise in Big Data Analytics and AI
CAIRO, September 19, 2023 – The COMESA Monetary Institute [CMI] has launched a programme to build the capacity of the central banks in the region on the utilisation of Big Data Analytics…
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Wakenya Pamoja SACCO launches banking platform for members
NAIROBI, September 8, 2023 – Wakenya Pamoja Deposit Taking SACCO recently launched a mobile digital banking platform expected to improve service delivery, according to Coop News. The new platform dubbed Wakenya M-Cash is a robust…
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Central banks can fight inflation without massive handouts to banks
LONDON, September 6, 2023 – To fight inflation, central banks have to increase interest rates. Their operating procedure consists of raising the rate of remuneration on commercial banks’ reserves held at the central…
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IFAD, Stanbic Bank partner to cut Uganda money transfer costs by half
ROME– The UN’s International Fund for Agricultural Development y [ IFAD ] and Stanbic Bank Uganda [SBU] today announced a partnership that will cut the cost incurred by Ugandan migrant workers sending…
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Diverse bank boardrooms contribute to fighting climate change
LONDON – Following the 2015 Paris agreement, achieving carbon neutrality is one of the world’s most urgent priorities. Since banks play an important role in modern financial systems by channelling funds to…
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