Standard Chartered Plc

S.African Rand Plunges After Finance Minister Sacked In Reshuffle

by

South Africa’s rand plunged five percent Friday after President Jacob Zuma sacked his finance minister and made ten new cabinet appointments in a dramatic reshuffle that has fuelled fears of a split in the ruling African National Congress. The decision to fire Pravin Gordhan rocked investors, who had come to view him as a trusted … Read more

PayPal is entering 10 new countries this week, including Nigeria

by

PayPal is entering 10 new countries this week, including Nigeria, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud. Rupert Keeley, the executive in charge of the EMEA region of PayPal, the payments unit of eBay Inc, said in an interview on Monday the expansion would … Read more