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What banks consider when assessing a home loan application

Consumers often rely on real estate agents or third parties to assist them with home loan applications. This results in them not fully understanding what banks consider when approving or declining an application. First-time home buyers can significantly improve their chances of qualifying by familiarising themselves with the common pitfalls that often lead to home […]

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LanteOTC, Wala South Africa, vie for 2018 Zambezi Prize alongside 8 African start-ups

Two South African startups, LanteOTC and Wala South Africa, have been selected alongside eight African companies for the 2018 Zambezi Prize for Innovation in Financial Inclusion, reports from Cambridge, US, said. The Grand Prize winner and runners-up will be announced on 29 August 2018 during the Open Mic Africa Summit in Nairobi, Kenya, the organisers […]

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DR Congo to start Ebola vaccinations amid new outbreak

( – Beni, DR Congo.  Health officials from the Democratic Republic of Congo (DRC) said they will begin administering Ebola vaccinations in the eastern cities of Beni and Mangina, which experienced an outbreak of the disease last week. Officials say the experimental vaccine, produced by drug maker Merck, was successful in containing a similar outbreak […]

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‘Dishonest’, ‘fraudulent’ Isabel dos Santos’ in trouble over Unitel missing funds, unpaid dividends

Africa’s richest woman, Isabel dos Santos, has committed fraudulent and dishonest acts in the management of Angola’s cellphone provider Unitel, according to a landmark decision made recently by a British judge. Billionaire dos Santos, whose fortune is valued at US$3.5 billion, is a major shareholder at Unitel, which she controls through Vidatel. Maka Angola, a […]

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Internet economy to push productivity to U$318 billion by 2025

The internet economy is expected to deliver productivity gains across key sectors such as financial services, education, health, retail, agriculture and government to the value of between US$148 billion and U$318 billion by 2025, the McKinsey Global Institute has predicted, as a new report highlights the internet’s critical role in changing Africa’s socio-economic fortunes. In […]

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