Kenya Airways to lay off a significant number of employees
The airline is struggling to survive amid the coronavirus pandemic
Home
Page 306
Japan to invest $14.4 bn in African LNG sector
A banking syndicate led by Japan Bank for International Cooperation and three other private sector banks will provide the loans
APac, Middle East lead trade finance digitalisation
While the right technology is available, the missing link is the regulations and a clear guidance
Barclays granted private banking licence in South Africa
The licence will enable the bank to expand its customer base allowing it to offer advisory and discretionary products and services
Oil giant Petrobras to lay off 20% of its workforce
Brazilian state-owned oil company Petrobras could let go around 20 percent of its workforce as it plans to slim down and refocus on core businesses,
2020: A year of big IPO washouts?
2019 witnessed the biggest share sale ever as Saudi Aramco went public in December – what will happen to IPOs in 2020?
Africa’s efforts in digital transformation is vast
The continent is in a rush to fully embrace digitisation for its nationals, governments and the economy at large in the coming decade
Blockchain is disruptive
The banks are using blockchain to improve trade finance, strengthen KYC and streamline transactions
Central bank digital currencies may soon become a reality
The launch of Facebook Libra has pushed many central banks to fast-track the launch of CBDCs
COVID-19 and oil price war: Double whammy for Gulf nations
As global demand for crude remains low due to Covid-19 — the oil price war only adds to the Gulf nations’ distress