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BUSINESS NEWS REPORT – AUGUST 2020

Every month Africa HR Solutions curates the latest high impact news across Africa. Check out the top business news for August 2020.

Facebook Findings

Facebook released findings from The Impact of Facebook’s Connectivity Initiatives in Sub-Saharan Africa, a study conducted by Analysys Mason that highlights how Facebook investments in infrastructure and connectivity across the region will deliver over $57 Billion in Economic Benefits over the next five years (2020–2024).


Kyanda app

Kyanda app users now have access to the following services: sending money to MPESA at no charge, buy shares listed on the Nairobi Securities Exchange, and complete surveys that offer various rewards.


FNB has launched virtual cards

Available to individual customers across Debit, Fusion and Credit Cards and for business customers on Debit Cards.

The Virtual Card will be available by October 2020 and customers will access it via the FNB App and the RMB Private Banking App. Once available, customers can request the card anytime, anywhere at no additional cost.

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