The fintech industry in Nigeria has helped to expedite financial inclusion. To this end, over 20 million new bank accounts have been opened via traditional banks and fintech companies since 2020, bringing the total banked population in Nigeria..
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The fintech industry in Nigeria has helped to expedite financial inclusion. To this end, over 20 million new bank accounts have been opened via traditional banks and fintech companies since 2020, bringing the total banked population in Nigeria..
“Worthiness” is commonly defined as “the quality of deserving respect or attention.” In the eyes of a financial institution, onboarding or maintaining an ongoing business relationship with a high-net-worth customer is “worth it” – but is it always “worthy”? Warren Buffet ..
Safaricom PLC (Safaricom) and Visa Inc (Visa) recently announced the launch of the M-Pesa GlobalPay Visa virtual card (the M-Pesa Card). The partnership comes amidst the Central Bank of Kenya’s issuance of its National Paym..
A gain on the disposal of crypto assets may be taxed as either revenue or capital, in line with the same income tax rules that apply to the disposal of shares or unit trusts.
On 7 December 2021, the President signed into law the Central Bank of Kenya (Amendment) Act of 2021 (Act) that grants the Central Bank of Kenya (CBK) powers to regulate digital credit providers.
Investment funds might be shying away from the limelight in the wake of spurring innovative financial instruments, but they continue to remain a popular choice for investors and target companies alike. There is indeed a common consensus between start-ups and well-establis..
South Africa has until the end of February 2023 to meet a tight deadline to amend its Financial Intelligence Centre Act, 2001 (“FICA”) or face the consequences of its financial institutions being added to a grey list alongside countries such as Yemen, Sou..
Over the years, varied sentiment has arisen over the establishment and use of credit reference bureaus in Zambia. To one judge, credit reference bureaus represent hidden powers that would be gathering “black information” on individuals and busi..