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DigMo launched in Zambia to gamify financial planning for Africa’s mass market – Disrupt Africa

Fintech startup DigMo, which gamified wealth-building tools to low and middle-income earners, has launched in Zambia. Licensed by the Bank of Zambia to operate a wallet, DigMo offers a secure, free digital money account with a special account for users to play a “financial planning game” which incentivises customers to get started putting money away […]

Citigroup CEO meets Chinese officials as Beijing touts financial market reforms

China’s Vice-Premier He Lifeng met Citigroup CEO Jane Fraser in Beijing on Thursday, underscoring efforts to open up the nation’s financial markets and attract foreign capital amid geopolitical tensions and a slowing economy. He, the country’s top finance official, told Fraser that the country is “deepening the reform of its financial system and continuing to […]

RBI’s FX interventions intended to ensure that the market is liquid and deep, and functioning in an orderly manner, say officials

The RBI’s interventions in the foreign exchange (FX) market are intended to ensure that the market is liquid and deep, and functioning in an orderly manner, according to central bank officials. In an article “State of the Economy” in RBI’s latest monthly bulletin, the officials underscored that India’s FX reserves are used to shore up […]

THIS Indian market is the 22nd most expensive retail street globally: Who owns it and what is monthly rent of the shops?

Delhi’s Khan Market has secured its spot as the 22nd most expensive retail street globally, according to a report by Cushman & Wakefield’s titled ‘Main Streets Across the World’. Representative Image (Photo credit: iStock) Delhi’s Khan Market, located in one of the poshest areas in the national capital, has secured its spot as the 22nd […]