Tag Archives: Financial services

Ethiopia: Mobile Banking Legal At Last

Without much deviation from its draft state, the long awaited directive that will allow banks and Micro Financial Institutions (MFI) to provide transaction-based mobile and agent banking services was issued, on January 1, 2013. Now clients of banks and MFI’s, … read more »

Posted in Djibouti, East Africa, Eritrea, Ethiopia, Sci/Technology | Tagged , , , , , , , , , , | Leave a comment

Ethiopia mobile banking services set to go live

Ethiopia is one of the last countries in Africa to permit mobile banking. Mobile banking has proved to be profitable in the developing world, where many people still do not use banks. Earlier this year, the World Bank reported that … read more »

Posted in East Africa, Eritrea, Ethiopia | Tagged , , , , , , , | 3 Comments

Global Drug Mafia and the Banks. An Introduction to the Subject

Valentin KATASONOV These days, the drug mafia theme explainably attracts permanent media coverage. One of the aspects that cannot be avoided in the context is the involvement of the financial sector – for hefty risk premiums – in money laundering … read more »

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Nigeria surpasses 5 million Visa cards milestone

Visa, one of the world’s leading payment networks, announced at the weekend that its client financial institutions in Nigeria have surpassed 5 million cards in market. Country Manager for Visa West Africa, Ade Ashaye said with this achievement, Nigeria’s banking … read more »

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World’s 5 Dumbest robbers

It seems logical that preparation is everything when it comes to committing a crime, so you can hardly blame 40-year-old Canadian Daniel Glen for wanting to cross the T’s and dot the I’s before robbing a local store. He probably … read more »

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S.Africa’s Absa acquires Mozambique insurer: daily

Absa Group, the South African bank majority owned by Barclays, has bought Mozambican insurer Global Alliance Seguros and plans another acquisition this year, the Business Day newspaper reported on Monday. Global Alliance provides both life and non-life insurance and generated … read more »

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Secret to becoming rich

Question: How can I become rich? Please don’t tell me what I want to hear; tell me what I need to know. Answer: The secret to becoming wealthy This has to be the most common thought on people’s minds and … read more »

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Politicians killed Nigerian banks. Says Sanusi

AS the controversy surrounding the statement made by the governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, about the budget of the National Assembly rages on, the CBN governor has declared that politicians in the country, particularly … read more »

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Nigeria: EFCC opposes motion in Akingbola case

The motion by six top management staff of Intercontinental Bank, urging a Federal High Court in Lagos, to strike out the 23-count amended charge against them, was yesterday opposed by the Economic and Financial Crimes Commission (EFCC). The officials, together … read more »

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Canada’s best 50 employers

At the core of the Best Employers list compiled by Aon Hewitt, a global HR consulting and outsourcing firm, is employee engagement, which is driven by leadership, rewards, workplace culture and values, productivity and the support of performance and development. … read more »

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Biggest money mistakes

In the long run, bad money habits can cost you more than you might think. Here are 7 of the most common money blunders, according to experts. MISTAKE #1: Not setting a specific financial goal.Whether you’re saving for retirement, a … read more »

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