Most Recent World News

Satrix Momentum ETF lists on the Johannesburg Stock Exchange

The Satrix Momentum Exchange Traded Fund (ETF) listed on the Johannesburg Stock Exchange (JSE) bringing the number of ETFs listed on the exchange in 2018 to 12. Donna Nemer, Director:.

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Coronation Named Best Investment Bank in Nigeria

Coronation Merchant Bank has been named the Best Investment Bank in Nigeria at the 2018 Global Business Outlook Awards which held recently in London, UK. Now in its fifth year,.

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Gold mining firms to retain 55 per cent of dollar earnings in Zimbabwe

Zimbabwean gold mines have been allowed to retain 55 per cent of their earnings in dollars, from 30 per cent previously. The deputy mines minister, Polite Kambamura disclosed this as.

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New Seasons Investment Holdings, Nodus Equity merge to form private equity fund

A new majority-black controlled private equity fund, New Seasons Investment Fund (the Fund), has been launched following the merger of two private equity fund companies – New Seasons Investment Holdings.

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EU, Kenya launch €4.5 billion joint cooperation strategy

The European Union (EU) and Kenya have held a dialogue session on the EU-Kenya partnership. This dialogue reviewed all aspects of the EU-Kenya bilateral relations and reflects our long-standing relationship,.

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Fintech FinChatBot secures $500,000 investment from Compass VC, Kalon Venture Partners

South African venture capital firm Kalon Venture Partners and Mauritius-based Compass Venture Capital have announced their co-investment into one of the leading financial services chatbot providers, FinChatBot. The investment amount.

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Morocco creates mobile money service “m-wallet”

Moroccans can now use their mobile phones to send or receive money and pay for services. The project, elaborated since 2017 and led by the central bank, Bank Al-Maghrib (BAM).

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MTN goes for mobile banking licence

MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service there next year. Nigeria announced last month that it would allow telecom companies.

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World Bank Group launches L’Afrique Excelle to support Francophone Africa’s top tech entrepreneurs

The World Bank Group has announced L’Afrique Excelle, a six-month business acceleration program designed to support the 20 most promising growth stage technology start-ups operating in Francophone Africa. Entrepreneurs will.

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Huawei Cloud launches in South Africa

Huawei Cloud, the cloud-computing services of Huawei, has unveiled a new region in South Africa, making the company the world’s first cloud service provider that operates a local data center.

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