Latest stories tagged “financial market”
Kenya has solidified its status as a leading digital financial market, bolstered by widespread mobile money adoption and a growing cashless payment ecosystem. The mobile merchant payments sector has seen consistent growth, primarily fueled by Safaricom's Lipa na M-Pesa platform, which has significantly enhanced mobile retail transaction volumes.
South Korea is implementing significant reforms to achieve developed-market status, despite the won currently being close to a 17-year low. This move includes the introduction of 24-hour trading for the currency, a decision influenced by the country's experience with the financial crash in 1997, which has left a lasting impact on its economic policies.