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HARARE, Zimbabwe,14 June 2023 -/African Media Agency(AMA)/- With a population spanning almost 400 million people across 16 countries, the Southern African Development Community has the widest-reaching regional bloc in Africa, holding massive appeal for trade exchanges to strengthen economies and benefit communities. However, unlocking this potential to enable a seamless and…
The total brand value of the world's top 100 brands now stands at $6.9tn according to the Kantar BrandZ Most Valuable Global Brands Report 2023. Despite a 20% drop in the overall index vs 2022, the Kantar BrandZ Top 100 retains its long-term growth trajectory, posting 47% growth compared to the pre-Covid (2019) level...
In March 2023, the South African Reserve Bank (SARB) announced the launch of PayShap
This week, the South African Reserve Bank (SARB) announced the launch of PayShap, a real-time rapid payment platform that is aimed at offering safer, faster and significantly more convenient payment options for South Africans. PayShap is the outcome of an industry-spanning collaboration, driven by BankservAfrica, the Payments Association of South Africa and the South African banking community, with the aim of modernizing the national payments industry. It is rooted in the SARB's Rapid Payments Program, as part of its Vision 2025 strategy to reform the South African national payment system...
The SA Reserve Bank and BankServAfrica launched a new payment service called PayShap on Monday, in a bid to make banking more accessible and inclusive.