Econet appoints Chengeto Moyo as new finance director

LISTED telecoms giant, Econet Wireless Zimbabwe, has appointed Mr Chengeto Moyo as its new financial director effective from 1 March 2023. “We are pleased to announce the appointment of Chengeto L Moyo to the position of finance director for Econet Wireless Zimbabwe Limited with effect from 1 March 2023,” reads a statement issued today from […]

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Bybit CEO Advocates for Higher Standards of Proof of Reserves, Bridging the Gap Between Crypto and Traditional Finance – Cryptopolitan

The world of cryptocurrency is rapidly evolving. As the asset class continues to mature, investors are increasingly looking for ways to protect their funds and ensure transparency within exchanges. Recently, Bybit CEO Ben Zhou spoke out on this issue at the 2021 Finance Magnates Virtual Summit London Edition. He addressed how crypto platforms can raise […]

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Nexi to Acquire 80% of Sabadell’s Merchant Acquiring Business for €280M

Nexi S.p.A. (“Nexi”) and Banco de Sabadell, S.A. (“Sabadell”) have reached an agreement to establish a long-term partnership in the Spanish market. According to the terms of the transaction, Nexi will acquire 80% of Sabadell’s merchant acquiring business, after its carve-out into PayComet, S.L. (“PayComet”), a fully owned Sabadell company and already a licensed payment institution, for 280 […]

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Payments of coupons, principals of old bonds to resume by March 13 – Finance Ministry

In fulfillment of government assurance to bondholders who did not tender their old bonds, the Ministry of Finance is taking administrative steps to ensure that payments of coupons and principals of the old bonds resume by March 13, 2023. In a statement, the Ministry, however said the newly issued bonds have been settled and listed […]

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Ghana International Bank trains over 60 bankers in Trade Finance

Ghana International Bank (GHIB), a wholly-Ghanaian bank incorporated in the United Kingdom, has facilitated a trade finance training programme for over 60 bankers from across six West African countries. The four-day trade finance training seminar in Ghana focused on various international trade finance products that banks can use in serving their customers. Speaking to the […]

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Trade finance platform Marco lands $200 million credit facility

By Gloria Methri Today Castlelake Credit Facility FinTech Marco, the tech-enabled trade financing platform built for small and medium-sized businesses in Latin America and the United States has received a $200 million credit facility from MidCap Financial and Castlelake. arco has also announced it raised $8.2 million in equity funding, led by Arcadia Funds LLC. The new funding […]

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Finance minister says mega projects, tourism to propel Thailand’s growth

A slew of billion-dollar infrastructure projects and an upswing in tourism will fuel Thailand’s expansion this year, shielding the economy from weaker exports and any possible delay in the budget approval due to elections, according to Finance Minister Arkhom Termpittayapaisith. Government approvals for three projects at a combined investment of about 524 billion baht ($14.9 billion) […]

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Business News | NUUU Wins ET Ascent Award for New Age Fintech App

Mumbai (Maharashtra) [India], February 28 (ANI/PRNewswire): NUUU has emerged as a winner to bag the prestigious ET Ascent Award for its innovative new age Fintech app. The prestigious ET Ascent award honors business leaders and organisations that have made outstanding contribution to the business world. The award was presented to NUUU at the ET Ascent […]

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The 20th Annual International Business Awards Now Open for Entries

The Stevie Awards is now accepting nominations for The 20th Annual International Business Awards. The business awards competition attracts nominations from organizations in more than 60 nations and territories each year. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – may submit nominations to The International Business Awards. […]

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March Business After Hours at Yelduz Shrine Center March 9th

Posted on February 28, 2023 by – Local News ABERDEEN, S.D.(Press Release) – The Aberdeen Chamber of Commerce’s March Business After Hours mixer will be held on Thursday, March 9 from 5:15 to 7:00 pm at the Yelduz Shrine Center, 802 South Main Street. Local 501(c)3 nonprofits and service clubs will be on hand to […]

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