News Page: 5

BUSINESS

Saturday, October 28, 2023

INVESTMENT PLATFORM

Veri Platform have launched the first ever enhanced investment platform account. 

Veri·Group constantly look for innovative solutions that put financial advisors, and their clients at the heart of the platform service.

 

Veri have now launched VPE (Veri Platform Enhanced), a product that will transform the way investment platform solutions are used by financi...

KENYA

Tuesday, October 03, 2023

FINANCE

Analyzing the Downfall: Kenya's Stock Market Struggles

Unveiling the Layers: Roots of Stock Market Decline

Contextualising Kenya’s Economic Enigma

In a shattering revelation, the Kenyan stock market has plummeted, securing an undesirable position as the world's worst performer. While various global markets have been displaying resilience and even exponential growth, Kenya finds itself ensnared in an economic quagmire, struggling with deprecia...

GHANA

Tuesday, October 03, 2023

ECONOMY

Soaring Profits in Ghanaian Banking: An Unveiling of the Financial Triumph Achieved in 2023

Analyzing the Impressive GH¢5.7 Billion Profit in Eight Months

The financial terrain of Ghana has witnessed a spectacular climb in 2023, notably within its banking sector. A jaw-dropping profit of GH¢5.7 billion in a mere eight months not only signposts a robust financial environment but also hints at a transformative shift in Ghana’s economic policy and its efficacy...

MAURITIUS

Tuesday, August 01, 2023

CRYPTOCURRENCY

FSC's Public Consultation on Stablecoin Guidance Notes

Stablecoins have transformed the landscape of digital finance, providing significant advantages in terms of stability and liquidity. These digital assets, whose value is pegged to a stable reserve like fiat currency or gold, have emerged as a key component of the cryptocurrency ecosystem. Our exploration today focuses on the regulatory measures surrounding stablecoins, particularly those issued by the Financial Services Commissi...

AFRICA

Tuesday, August 01, 2023

ECONOMY

Transforming the Hospitality Industry: The Significance of Technological Innovations

Embracing the Digital Evolution

Technology has increasingly become an integral part of our daily lives. In the realm of the hospitality industry, technological advancements are reshaping how businesses operate and connect with their customers. This rapid digital evolution is transforming conventional hotel management strategies, opening new avenues for innovative practices that enrich the ...

MAURITIUS

Tuesday, August 01, 2023

ECONOMY

Mauritius: Pioneering Economic Advancement with a $8 Billion Reserve

Nestled like a gem in the Indian Ocean, Mauritius is unfurling a remarkable economic narrative. With a resolute aim to bolster its foreign reserves to an ambitious $8 billion by the approaching June, this island nation is crafting a compelling blueprint that stands as a beacon for both Africa and the global arena.

Economic Potential Unveiled the Background...

KENYA

Wednesday, July 19, 2023

ECONOMY

Significant Loan Boost: IMF Sends KSH 58.8 Billion to Kenya's Economy

An Overview of the Monetary Injection

In a significant move, the International Monetary Fund (IMF) has advanced a significant loan of KSH 58.8 Billion to Kenya. This financial lifeline aims to bolster Kenya's economy and aid in achieving its socio-economic objectives. A detailed breakdown of the loan allocation underscores the IMF's commitment to Kenya's development.

The IMF's Involvement in Ken...

SOUTH AFRICA

Tuesday, July 18, 2023

ECONOMY

Fitch Ratings South Africa

Unveiling Fitch Ratings' Decision

Fitch Ratings, the globally recognized credit rating agency, has reaffirmed South Africa's long-term foreign and local currency issuer default ratings at 'BB-' with a stable outlook. The news comes amid the country grappling with a severe power crisis, the worst in its history, creating a paradoxical scenario that needs a closer examination.

A Closer Look at the Rating Affirmation

Fitch's decisi...

INDIA

Monday, July 17, 2023

CURRENCY

BRICS Expansion: A Deep Dive into India's Reservations and the Ambitions of Indonesia, Saudi Arabia, Egypt


Unraveling India's Cautious Approach to BRICS Expansion

BRICS, an acronym representing Brazil, Russia, India, China, and South Africa, is a group of emerging economies with significant influence on regional and global affairs. However, as Indonesia, Saudi Arabia, Egypt, and others express interest in joining this pivotal group, India exhibits an...

GHANA

Monday, July 17, 2023

ECONOMY

Unpacking the IMF's Half-Yearly $2.4 Billion Bailout Distribution to Ghana

Exploring the International Monetary Fund's Strategy for Ghana's Economic Recovery

The International Monetary Fund's (IMF) decision to disburse the remaining $2.4 billion of its financial aid package to Ghana every six months reveals an intriguing approach to ensuring the country's economic recovery. Through this strategic scheduling, the IMF aims to bolster Ghana's resilience against financial risk...