The rise of e-commerce and increased competition are driving the demand for real-time supply chain visibility. This is according to Oliver Facey, Vice President of Operations for DHL Express Sub-Saharan Africa, who says that supply chain operators should increasingly invest in transportation management systems and solutions to improve the quality, speed and precision of service.
The National Microfinance Bank (NMB) and CRDB Bank have posted almost matching first quarter net profit this year with the latter’s profit surging to catch up with the former to underline intensifying competition between the two largest banks in Tanzania. Financial statements issued recently shows that the NMB net profit went up slightly by 0.5
Mwalimu Commercial Bank, which is in the process of formation, is expected to bring about stiff competition in the country’s banking industry because of the huge number of employees in the teaching fraternity. The bank, expected to float its initial public offer (IPO) next Monday, is a threat to mainstream banks as it will accumulate a
MasterCard announced that the MasterCard Masters of Code competition will begin its search for the best coders in the world in Sydney, Australia on February 7th and 8th. The first of ten hackathons in the year-long series, the Sydney installment will focus on innovating for mobile commerce. The event will challenge the best and brightest
The ATM Industry Association (ATMIA) announced that it has released a new paper titled “An Industry Discussion: Should changes be made to Reg II in order to increase competition between payment networks?” ATMIA has growing concerns that competition between payment networks is eroding due to the unintended consequences of the Durbin Amendment – both with
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