Wednesday, December 12, 2018

Nairobi Westgate attack: Shopping mall re-opens two years after terror siege where al-Shabaab killed...

The bullet holes are plastered over, the shattered glass restored. Two years after terror struck at Westgate in Nairobi, the upscale shopping mall is...

IGAD Ministers of Finance Plead for the Positive Effects of Remittance for the Region

Addis Ababa, July 13, 2015: The Intergovernmental Authority on Development (IGAD) and the Ministry of Finance and Economic Development (MoFED) of Ethiopia, with support...

​Iranian bank joins SWIFT breaking blockade

Iran's Day Bank has announced joining the SWIFT transaction system, which facilitates worldwide bank transfers. The private system cut off Iranian financial institutions in...

Plugging the Leaks in Africa’s Economies

Africa is usually perceived as a net beneficiary of the global financial system, with aid and investment flowing to the continent from richer parts...

Westgate Mall, the site of one of Kenya’s worst terror attacks, is set to...

Kenya’s Westgate Mall, the site of the militant attack that left 67 people dead and hundreds injured in September 2013, will re-open next weekend,...

NBP announces innovative money transfer services on Eid

The National Bank of Pakistan (NBP) has revamped its innovative money transfer services “NBP Foree Cash” (instant cash delivery) and “NBP Foree Transfer” (instant...

NIGERIA’S AUTO LANDSCAPE: FROM DUMPING GROUND TO MANUFACTURING HUB

Before 2013, Nigeria was Africa’s biggest market for tokunbos—the local name used to describe used cars shipped from Europe and the US. Vehicles (mostly...

Kenya’s New Central Bank Governor Hamstrung by Sliding Currency

Kenya’s new central bank governor Patrick Njoroge is hamstrung by a sliding currency that’s challenging his ability to support an economy hit by a...

Most Markets Drop After Greek Results, but China Rises

Shares tumbled Monday after Greece's voters vehemently rejected conditions set by the country's international creditors, deepening doubts over its future in the 19-nation eurozone.China's...

Paying for things: do we still need cash given the rise of debit cards...

Why Do We Need Cash? We all use cash - notes and coins - but with the increasing popularity of transacting by other methods, mobile...

Latest article

Premier League Power Rankings: Liverpool’s Salah Tops

Salah top, ahead of Tottenham's Heung-Min Son and West Ham's Robert Snodgrass Liverpool's Mohamed Salah has soared to the Power Rankings' summit and ousted Raheem...

Is role of traditional leaders in reconciliations, nation-building diminishing in Somaliland?

Somaliland tried to combine democracy and traditional governance and this formed the basis of the traditional elders’ confusion to adjust their role in order...

UAE amnesty-seeker sells bags to clear Dh60,000 rent

She hardly earns Dh1,000 by selling bags and other novelty items. Unlike many amnesty-seekers in the UAE who are struggling to make ends meet, this...