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Standard Bank Reports Solid Results for the Period Ended 30 June 2019

  • Headline earnings: R13 361 million, up 6%
  • Headline earnings per share (HEPS): 837 cents, up 5%
  • Dividend per share: 454 cents, up 6%
  • Common equity tier (CET) 1 ratio: Read More →

The Rise of Sub-Saharan Africa as a Fintech Hub

Sub-Saharan Africa is one of the fastest-growing investment zones for financial technology companies according to new research says Forbes. The GSM Association says in its Mobile Economy, Sub-Saharan Africa 2019 Read More →

Wirecard Expands Cooperation with lastminute.com for Global Digital Payments

Recently, lm group processed a Gross Transaction Value (GTV) of EUR 2.3 billion globally

Wirecard announces collaboration with lastminute.com, part of lm group, as an international payment acceptance provider. Wirecard, Read More →

Ecobank Transnational Incorporated Announces the Appointment of Ayo Adepoju as Group CFO

Ayo Adepoju was appointed as the Acting Group Chief Financial Officer in April 2019

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, announces that Ayo Read More →

Mastercard Acquires Nets’ Account-to-Account Payment Business

  • Advances Mastercard’s strategy to capitalize on the vast and fast-growing global Real-Time Payments opportunity
  • Helps meet application, service and payment needs of governments, consumers, and businesses across card and Read More →

UnionPay Cards Now Accepted at all Pick n Pay Stores across South Africa

UnionPay International (UPI) has announced significant progress in the South African retail payments market through their co-operation with Pick n Pay and Absa Bank. Through a tripartite co-operation agreement, Pick Read More →

South African Reserve Bank on Africapacity’s Intention to Buy VBS Mutual Bank

The South African Reserve Bank (SARB) is aware of the assertions made by Africapacity of its intention to buy VBS Mutual Bank (VBS) or part thereof. The authorisation to conduct Read More →

Malaicha.com Makes Life Easier for Zimbabweans in South Africa

A new app created by Hello Paisa makes it possible for Zimbabweans in South Africa to send essential goods and groceries back home. For Zimbabweans who are far from home, ensuring Read More →

FBN Holdings Records N294.2BN Gross Earnings for H1’19

FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, said it recorded gross earnings of N294.2 billion for the six months ending June 30, 2019 (H1’19). This represents Read More →

DPO Group Acquires PayFast in Major Deal for African Online Payments Sector

The acquisition of PayFast further extends DPO Group’s market lead in Africa

DPO Group, the leading African Payment Service Provider (PSP) has announced its acquisition of PayFast, one of Read More →

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