News

Lesaka to acquire 100% of digital neobank Bank ZeroDeal includes shares, cash-valued up to ZAR 1.09 billionAcquisition boosts fintech reach, reduces ...
Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka” or “the group”) today announced that its wholly-owned subsidiary, Lesaka Technologies Proprietary Limited, has entered into an agreement to ...
USD/ZAR dropped to a six-month low on Thursday as upbeat south African economic data and weaker greenback boosted rand. US.
News of Iran and Israel accepting a ceasefire triggered a risk rally on Tuesday and caused the US Dollar (USD) to weaken.
It is South Africa’s political-economic structure, its ‘relations of power’, that need transformation, if the objective is to reverse our shameful poverty, unemployment and inequality. This ...
The Bloomberg Dollar Index has fallen nearly 8.5 percent, its steepest drop since the 1980s. Elsewhere, incremental signs ...
PAPSS payment system allows trade settlement in local currencies Experts says move aims of lowering trade costs South Africa ...
The central bank concluded the country’s first-ever climate risk stress test of systemically important South African banks.
In a bold economic pivot, African nations are accelerating the rollout of local currency payment systems to cut trade costs and reduce reliance on the US dollar. The Pan-African Payments and ...
According to data compiled by PAPSS, under the existing system of correspondent banks, a $200 million trade between two parties in different African countries is estimated to cost 10% to 30% of the ...
While South Africa’s overall consumer inflation held steady at 2,8% in May, food inflation has become a growing concern, ...
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