Features

SimbaPay launches mobile money transfer service to Ghana and Uganda

Posted on by The Editorial Team
SimbaPay launches mobile money transfer service to Ghana and Uganda

LONDON, United Kingdom, December 5, 2016/ — SimbaPay (www.SimbaPay.com) – a London based digital money transfer provider – today announced the launch of its money transfer service to Ghana and Uganda. Using the SimbaPay app or website, Ghanaians and Ugandans living in Europe can now send money to mobile phones in Ghana or Uganda instantly. “This is the perfect Christmas gift to Ghanaians and Ugandans living in Europe who have been asking when SimbaPay will…

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New F5 software advances application security, management, and orchestration

Posted on by The Editorial Team
New F5 software advances application security, management, and orchestration

JOHANNESBURG (Capital Markets in Africa) – F5 Networks’ software-based solutions that enable customers to seamlessly integrate availability and security services, simplify device management, and better orchestrate IT infrastructure are now available in more than 20 African countries from value-added distributor, Networks Unlimited. To lower costs and boost efficiency, organisations are evolving toward more dynamic infrastructure models that combine physical, virtual, and cloud components. Supporting this transition, F5’s innovative, versatile solutions give customers the ability to…

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Conflict Diamonds from CAR Entering International Markets via Cameroon

Posted on by The Editorial Team

YAOUNDE (Capital Markets in Africa) – Cameroon is allowing conflict diamonds from the Central African Republic to cross over its borders and into the legal supply chain due to poor controls, smuggling and corruption, Partnership Africa Canada (www.PACweb.org) said in a report published today. The full report can be accessed at: http://bit.ly/fromconflicttoillicit The report, From Conflict to Illicit: Mapping the Diamond Trade from Central African Republic to Cameroon, investigates the failure of Cameroon’s implementation of…

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Africa is still a difficult region for paying taxes – PwC

Posted on by The Editorial Team
Africa is still a difficult region for paying taxes – PwC

JOHANNESBURG (Capital Markets in Africa)  — Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on business, according to the latest edition of Paying Taxes 2017, a report by the World Bank Group and PwC (www.PWC.com). Download the report: http://www.APO.af/PwC Released today, the report finds that the Total Tax rate decreased by 0.1 percentage points to 40.6 percent; time to comply declined by 8 hours to 251…

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Expecting the unexpected: A post-Brexit world

Posted on by The Editorial Team
Expecting the unexpected: A post-Brexit world

LONDON (Capital Markets in Africa) – The Brexit vote and the election of Donald Trump mark the rise of nationalism and risk intensifying the politics of fragmentation in the European Union.  A new report by Amundi Asset Management and CREATE-Research shows how investors are adapting to the post-Brexit world. Its main focus is on political risks, asset allocation and product innovation. One of its conclusions is that investment processes need to go well beyond financial…

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High Interest Rates: How do they impact Small Businesses in East Africa?

Posted on by The Editorial Team
High Interest Rates: How do they impact Small Businesses in East Africa?

JOHANNESBURG (Capital Markets in Africa) – Small & Medium Businesses in East Africa should be looking at ways to maximise their efficiency and improve debt management to navigate the risks that high interest rates pose for their businesses. That’s the word from Billy Owino, Regional Director for Sage East Africa (www.Sage.com), the market leader for integrated accounting, payroll, and payment systems. He says that business builders feel the pressure of rising interest rates more severely than…

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Steady rates, rand to buoy South African bonds despite “junk” threat

Posted on by The Editorial Team
Steady rates, rand to buoy South African bonds despite “junk” threat

JOHANNESBURG (Capital Markets in Africa) – Yield-hungry investors look set to boost demand for South African bonds despite the threat of rating downgrades to “junk”, as the cycle of interest rate hikes ends, the rand recovers and inflation calms down, analysts say. The Treasury is battling to avoid downgrades from Moody’s, Fitch and S&P this year, with the agencies keen to see Pretoria’s commitment to fiscal prudence. But Lesiba Mothata, chief economist at Investment Solutions, which…

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