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d. Under ‘PAYMENT TYPE’; Choose RTGS for payments going to other Local Banks, Book Transfer for payments to SCB Kenya account holders and Telegraphic Transfer for payments to banks outside the country. For TT, leave the charges as Shared if ...
The global financial system relies heavily on banks and the agreements between them, and no matter how hard telcos try, they’ll never be able to get a seat at that table. Now then, given how many people in Africa are still excluded from the formal financial system and still don’t ow...
The UK is home to hundreds of business schools that are renowned for their academic excellence, and which prepare students fully for the modern business world. There are over 100 specialist business schools in the UK, many of which are ranked among the world’s best. Often,business departments...
Many of you have already helped businesses navigate a path through the pandemic. Your skills, insights and relationships of trust with SMEs are critical. For that reason, we're urging you now to lead initiatives in your own organisations, and for those you advise, to do busi...
It also uses something known asSafeguardingto protect your money. This means itkeeps your money in accounts that are completely separate to its own business accounts. These accounts are held with trusted UK banks.⁴ Mukuru also uses a range of security measures, such as3D Secure authentication...
“Farming is perceived by many as risky, not many commercial banks lend to farmers. They do not like the cyclical nature. We, however, understand the risks as we’ve been in the business a long time – but even we have risk appetite challenges around demand for loans at longer tenor to...
Fast forwarding to the present time, ‘traditional finance’ today refers to a wide range of financial services and solutions enabled by trusted third parties such as banks. Let us refer to them as centralised finance (CeFi). In many ways, traditional finance today is not so traditional anymor...
The interconnections between health and the economy are well known and well documented. The funding gap for realizing SDG3 for good health and well-being, however, remains vast. Simultaneously, economic growth, as expressed and measured in SDG8, continues to leave many people behind. In addition...
Due to the COVID-19 crisis, food prices are more destabilised in many countries, along with various factors such as Russia’s and Kazakhstan’s export restrictions on grain commodites and international transport and supply chain disruptions. Based on the findings of our analysis, high self-...