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#BizTrends2020: Disrupting legacy African payments - going digital
#BizTrends2020: Disrupting legacy African payments - going digital

A country's payments system is probably not the first thing we think of when we think about the challenge of economic development. But payments are key to the bottom-up economic growth urgently needed...

Murray GardinerBy Murray Gardiner 17 Jan 2020

#BizTrends2020: Africa's double-edged consumer demand
#BizTrends2020: Africa's double-edged consumer demand

Africa's consumer landscape is fragmented and polarised, characterised by the double-edged demand of a diverse base of consumers...

Ailsa WingfieldBy Ailsa Wingfield 6 Jan 2020

#BizTrends2019: Payments, engagement, partnership - African retail trends for 2019
#BizTrends2019: Payments, engagement, partnership - African retail trends for 2019

With two key retail periods - Black Friday and festive season - now behind us, retailers are looking for new ways to increase revenue, grow market share, and boost profits...

Mark SchechBy Mark Schech 22 Jan 2019

Kenyan startup Tanda launches inventory-management solution
Kenyan startup Tanda launches inventory-management solution

Kenyan startup Tanda, which makes it easier to run a shop by allowing shop owners to order and manage their inventory, has formally launched after a four-month pilot...

Tom JacksonBy Tom Jackson 6 Jun 2018

Moroccan e-commerce platform Hmizate expands into fintech
Moroccan e-commerce platform Hmizate expands into fintech

Moroccan company Hmizate, which since 2011 has provided an e-commerce platform offering users access to goods, food, travel services and deals, has expanded into fintech with the launch of HmizatePay...

Tom JacksonBy Tom Jackson 16 May 2018

Kenya's Twiga Foods partners IBM for blockchain-based microfinancing
Kenya's Twiga Foods partners IBM for blockchain-based microfinancing

Kenyan agri-tech startup Twiga Foods has partnered IBM Research to extend access to microloans to 220 food stall retailers across Kenya using a blockchain-based financing system...

Tom JacksonBy Tom Jackson 19 Apr 2018

The convergence of credit card and cash in Africa
The convergence of credit card and cash in Africa

According to a recent study conducted by Mastercard, over 50% of the South African population still transact using cash on a daily basis...

Simeon TassevBy Simeon Tassev 1 Aug 2017

BNL launches The Business Times
BNL launches The Business Times

Blantyre Newspapers Limited (BNL) has launched a fifth title after the first issue of an exclusively business newspaper called The Business Times hit the streets last week.

Gregory GondweBy Gregory Gondwe 10 Apr 2012

Gregory Gondwe
Revive IMF program or no assistance, donors tell Malawi

Malawi's donors under the Common Approach to Budget Support (CABS) have asked the country to revive its International Monetary Fund (IMF) program or forget their financial assistance.

Gregory GondweBy Gregory Gondwe 8 Dec 2011

Gregory Gondwe
ILO proposes monetary policies for Malawi's employment creation

The International Labour Organisation (ILO) has released a report on Malawi which is trying to establish on how monetary policy instruments can be used to encourage Malawi onto a path of employment-generating growth. The report titled Macroeconomic policy for employment creation: The Case for Malawi released last month has identified three policy areas for consideration.

Gregory GondweBy Gregory Gondwe 2 Nov 2011

Malawi hit by counterfeit money
Malawi hit by counterfeit money

Malawi's central bank has issued a warning to the country after being severely hit by counterfeit notes of its biggest bill of 500 kwacha, a situation the Reserve Bank of Malawi (RBM) governor Dr. Perks Ligoya has described as undermining the integrity of the national currency.

Gregory GondweBy Gregory Gondwe 30 Sep 2011

Gregory Gondwe
Malawi devalues national currency

The President of Malawi, Bingu wa Mutharika's government which had been adamant on devaluing the national currency, the Malawi Kwacha (MK), has finally succumbed to the pressure.

Gregory GondweBy Gregory Gondwe 10 Aug 2011

Zain Malawi marketing director Enwell Kadango (L) and sales and distribution director Zain Saulos Chilima (R)
Zain Malawi launches mobile commerce service

Zain Malawi, on 12 January 2010, launched a pilot phase of a new service that will enable customers to carry out financial transactions using their mobile phones. The mobile commerce service dubbed ZAP Khusa M'manja (money in your hands) is being rolled out this week in Malawi following a successful performance in East Africa Zain operations.

Gregory GondweBy Gregory Gondwe 15 Jan 2010

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