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Finance

Absa Group moved its banking platform from Barclays Plcs data centre in the UK to South Africa in April 2019.

Absa, the leading pan-African financial services group, has appointed Cheryl Buss as CEO of Absa International which includes managing Absa Securities United Kingdom

(Image credit: IMF)

Overall, growth in sub-Saharan Africa (SSA), home to over 1 billion people remains at below potential in recent years because of continued external headwinds and climate shocks, such as droughts, cyclones and heavy rainfalls coupled with security tensions and slower pace of domestic reforms in some countries

uKheshe card in action. (Image source: uKheshe)

A year since launching, uKheshe, South Africa’s QR cash card and microtransaction platform, has left a significant imprint on South Africa’s unbanked and underbanked

Africa needs to flourish its business environment to enter a sustainable development path. (Image source: nielvdw/Adobe Stock)

A survey of more than 350 business leaders across five of some of Africa’s fastest-growing economies reveals a high degree of optimism – 81 per cent report that the business situation in their country is good or satisfactory, despite ongoing and well-documented challenges

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