The Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene has urged African countries to adopt the Pan-African Payment and Settlement System (PAPSS). Mene says it is not just about addressing the trade deficit in Africa, it is also about the payment sovereignty of the African continent. The Pan-African Payment and Settlement System (PAPSS), established in partnership with the African Union, enables companies to transact in any of Africa's 42 currencies without the need for a third-party currency like the U.S. dollar, saving as much as five billion annually. Thami Ngubeni spoke to Viwe Ntshongwana, an analyst who speaks on trade, diplomacy and globalisation... 

The Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene has urged African countries to adopt the Pan-African Payment and Settlement System (PAPSS). Mene says it is not just about addressing the trade deficit in Africa, it is also about the payment sovereignty of the African continent. The Pan-African Payment and Settlement System (PAPSS), established in partnership with the African Union, enables companies to transact in any of Africa's 42 currencies without the need for a third-party currency like the U.S. dollar, saving as much as five billion annually. Thami Ngubeni spoke to Viwe Ntshongwana, an analyst who speaks on trade, diplomacy and globalisation...

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

African countries urged to adopt the Pan-African Payment and Settlement System

Thami Ngubeni and Victor Kgomoeswana, author of  "Africa Is Open For Business" and "Africa Bounces Back" and the Executive Director for Marketing and Communication at the University of Limpopo- look at business stories that made headlines this week. 

Thami Ngubeni and Victor Kgomoeswana, author of  "Africa Is Open For Business" and "Africa Bounces Back" and the Executive Director for Marketing and Communication at the University of Limpopo- look at business stories that made headlines this week.

Business Round-up with  Victor Kgomoeswana, author of  "Africa Is Open For Business" and "Africa Bounces Back"

Owning and maintaining a vehicle in South Africa is becoming increasingly costly. The price of items like tyres, exhausts, brakes and shock absorbers continues to rise, putting pressure on vehicle owners' budgets. However, while it can be a financial challenge to afford these essential auto spares, putting off the replacement of worn components - especially tyres - can be a significant safety risk and may even lead to fines or accidents. In response to these challenges, MFC and Avo have teamed up to launch Avo Auto Care, an innovative solution allowing qualifying MFC vehicle finance clients access to finance, to replace their tyres. This is a first-of-its-kind offering for Avo Auto in South Africa. In partnership with Channel Africa, we look to have a discussion on the new Avo Auto Care offerings and how it's making it easy for MFC vehicle finance clients to keep their vehicles in showroom condition. Thami Ngubeni spoke to Julie Vetter - Executive of Avo Auto at Nedbank.

Owning and maintaining a vehicle in South Africa is becoming increasingly costly. The price of items like tyres, exhausts, brakes and shock absorbers continues to rise, putting pressure on vehicle owners' budgets. However, while it can be a financial challenge to afford these essential auto spares, putting off the replacement of worn components - especially tyres - can be a significant safety risk and may even lead to fines or accidents. In response to these challenges, MFC and Avo have teamed up to launch Avo Auto Care, an innovative solution allowing qualifying MFC vehicle finance clients access to finance, to replace their tyres. This is a first-of-its-kind offering for Avo Auto in South Africa. In partnership with Channel Africa, we look to have a discussion on the new Avo Auto Care offerings and how it's making it easy for MFC vehicle finance clients to keep their vehicles in showroom condition. Thami Ngubeni spoke to Julie Vetter - Executive of Avo Auto at Nedbank.

MFC and Avo have teamed up to launch Avo Auto Care, an innovative solution allowing qualifying MFC vehicle finance clients

This week marks South Africa's Money Smart Week- an initiative that aims to empower people with the knowledge and skills needed to make well-informed personal finance choices. South Africans have been urged to consider this as an opportunity to educate themselves on all those difficult financial terms and get tips on how to properly handle their hard-earned money. Thami Ngubeni spoke to the Head of Regulation and Oversight at Ombud Council, Avitha Nofal

This week marks South Africa's Money Smart Week- an initiative that aims to empower people with the knowledge and skills needed to make well-informed personal finance choices. South Africans have been urged to consider this as an opportunity to educate themselves on all those difficult financial terms and get tips on how to properly handle their hard-earned money. Thami Ngubeni spoke to the Head of Regulation and Oversight at Ombud Council, Avitha Nofal

African countries urged to adopt the Pan-African Payment and Settlement System

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