Return to Sender: Financial inclusion on wrong track?
Postbank (South Africa) has recently been granted a banking licence. Considering the persistent financial woes of the South African Post Office, which reported R1.49 billion in losses in the 2015 financial year, will Postbank’s new activities be a step towards recovery or exacerbate the losses?
Ghana: A Rising (Black) Star?
With the 2016 Ghanaian general election fast approaching, the Bank of Ghana (BoG) sought to limit the government’s borrowing with the BoG Amendment Bill. The bill, which was blocked in July, was an attempt to break Ghana’s past cycle of election induced spending, inflation surges and currency collapses.