3/5/2016/SimbaPay SimbaPay is revolutionizing the remittance space through its official announcement of raising the single transaction limit to a whopping $45,000. This is substantially higher than the previous transaction limit of $3,000. According to Victor Karanja, Head of Operations at SimbaPay, sending money home and buying property across Africa has […]
Business News
Halliburton and Baker Hughes scrap $28 billion merger
Mon May 2, 2016/Reuters By Mike Stone Oilfield services provider Halliburton Co (HAL.N) and smaller rival Baker Hughes Inc (BHI.N) announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. The tie-up would have brought together the world’s No. 2 and […]
MasterCard Incorporated Reports First-Quarter 2016 Financial Results
28/4/2016/MasterCard First-quarter net income of $959 million, or $0.86 per diluted share First-quarter net revenue increase of 10%, to $2.4 billion First-quarter gross dollar volume up 13% and purchase volume up 12% PURCHASE, N.Y.– MasterCard Incorporated (NYSE:MA) today announced financial results for the first quarter of 2016. The company reported […]
