Tag Archives: Finance

17Oct/22

Will South Africa’s street vendors go bust in a cashless world?

Kim Harrisberg

Published: October 12, 2022

  • Digital payments on the rise in South Africa
  • People without mobile phones, bank accounts excluded
  • Calls for innovation to include informal economy

JOHANNESBURG – For more than a decade, musician Thomas Nhassavele has been busking next to the parking payment machine at Johannesburg’s Rosebank Mall, where drivers often dropped their change into his guitar case. Continue reading

23Sep/22

Rise Start-Up Academy Opens Applications to FinTech Experts

Rise, created by Barclays – a global community of the world’s top innovators working together to create the future of financial services – has opened applications for the next cohort of the Rise Start-Up Academy. The theme for this cohort is specifically focused on supporting budding founders who find themselves out of their FinTech jobs due to the current economic climate. Continue reading

05Aug/22

UK interest rate rise: what the Bank of England’s historic hike means for your money

Jonquil Lowe, The Open University

The Bank of England has raised its base rate by 0.5 percentage points, the largest single upward jump in 27 years. It takes the base rate to 1.75%, its highest level since 2008. This latest interest rate hike will affect personal finances and reflects the Bank’s efforts to control rampant inflation amid the cost of living crisis in the UK.

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