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Category: Economy

uk economic growth
Economy News

UK Growth Hits 0.7% But Savings Slump Raises Red Flags for Households

3 months agoNoah Mark

Trade pact with US kicks in as MPs question value of Lifetime ISAs for vulnerable savers The UK economy posted a 0.7% growth in the first quarter of 2025—its strongest...

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ghana mobile money fintech
Economy News

Ghana’s Central Bank Urges Traditional Lenders to Catch Up as Fintechs Dominate Digital Payments

4 months agoHenry Wilson

Telcos and startups are eating banks’ lunch—and regulators are ringing the alarm bell Mobile money isn’t just winning in Ghana—it’s crushing the old guard. Traditional banks are barely hanging on...

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pakistan digital banking mobile
Economy News

Pakistan’s Digital Dreams: How Banks Could Be the Missing Piece

4 months agoFreya Jones

With digital wallets booming and fintechs mushrooming, Pakistan’s financial sector is at a crossroads. Banks now have a unique shot to transform access, build trust, and shape the nation’s role...

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South African economy business
Economy News

South African Business Confidence Falls Sharply in Q2 Amid Economic Uncertainty

4 months agoHenry Wilson

South Africa’s business confidence took a hit in the second quarter of 2025, dropping five points to 40. This decline hints at a slowdown in economic momentum, with many businesses...

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uk manufacturing factory
Economy News

UK’s Industrial Strategy Faces Pressure to Tackle Soaring Energy Costs

4 months agoHenry Wilson

British business leaders warn Prime Minister Keir Starmer that his upcoming industrial plan risks falling flat unless it offers real relief from the UK’s sky-high power bills hitting manufacturers hard....

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Russia banking
Economy News

Russia’s Economy Teeters on Edge Amid Banking Crisis Fears and Corporate Pullbacks

4 months agoHenry Wilson

Russia’s economy is facing a stormy road ahead, with warnings of a potential banking collapse, growing corporate caution, and a slowdown that’s sending ripples across markets. Recent analysis from Kremlin-linked...

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new zealand parliament building budget
Economy News

NZ Budget 2025 Bets Big on Business as Tax Cuts Squeeze Revenue

5 months agoMason Miller

With tax receipts falling and foreign investment getting a warm welcome, the government is pinning its hopes on growth. But will it be enough? The New Zealand government has revealed...

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Reserve Bank of New Zealand building
Economy News

Inflation Expectations Creep Up as Kiwi Businesses Brace for Price Pressure

5 months agoMason Miller

Reserve Bank survey shows mixed signals on inflation and wage growth, raising eyebrows in policy circles Inflation is back on the radar for New Zealand businesses — but not in...

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digital banking
Economy

Transforming Business Models of Banks: Navigating Shifting Dynamics

6 months agoNoah Mark

As banks face a tectonic shift in their asset-liability management, new strategies and innovations are needed to stay competitive and meet the growing demands of the digital economy. Banks in...

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online banking fraud
Economy News

Banking Mohtasib Provides Rs1.65bn Relief to Customers Amid Surge in Online Payment Complaints

6 months agoFreya Jones

In 2024, banks in India have seen a notable uptick in complaints related to online payments, with fraud and service inefficiencies emerging as major causes of dissatisfaction. The surge in...

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