Sasol seeks to end oil operations in West Africa
The reasons are attributed to weak oil prices and low demand on the back of Covid-19...
Tag : Covid-19
MAS shortlists 14 applicants for digital banking licences
Out of the 14, five are digital full bank applicants and nine digital wholesale bank applicants...
Petroleum dealers in Africa hoard fuel products
The Energy and Petroleum Regulatory Authority has issued a warning with financial penalties, jail terms and permanent revocation of licences...
NCBA Bank develops rationalisation strategy to merge branches
With this decision, NCBA Bank's number of branches in Kenya will reduce to 68...
South African banks under strain; sharpest decline in earnings
The banks are also forced to cut interest rates because of the pandemic...
China’s oil demand rebounds to 90% pre-Covid-19 levels
Demand is expected to reach 92% in May...
Saudi STC launches digital initiatives to fight Covid-19
The initiatives are in line with the precautionary measures taken to reduce the spread of the virus in the Kingdom...
Japan’s Shinsei Bank acquires UDC Finance for $480 mn
This is Shinsei’s biggest acquisition till date...
FedEx, Microsoft to boost commerce in post-pandemic world
FedEx Surround will change the game for logistics industry with real-time analytics...
IMF lends $739 mn to Kenya; foreign reserve rises 9%
The country's usable foreign exchange reserves increased to $8,532 mn as of May 14...