UAE banks suspend customers who did not share identity documents

ABN# UAE banks have suspended services to customers who failed to comply with a Central Bank of the UAE directive to submit their Emirates ID. Emirates NBD and Commercial Bank International confirmed on Wednesday that affected customers had not supplied their identity documents by the February 28 deadline stipulated by the Central […]

Cyclone Idai: Red Cross warns of a growing humanitarian crisis

ABN# Survivors of Cyclone Idai in Mozambique are facing “horrendous” conditions, according to a senior Red Cross official who said that receding flood waters could reveal a death toll even higher than the 1,000 predicted by the country’s president. Elhadj As Sy, secretary-general of the International Federation of Red Cross […]

Bitcoin Futures Rollout In Jeopardy

ABN# Intercontinental Exchange (ICE)’s plans to launch bitcoin futures in November of last year have been delayed because of regulators. According to a report in The Wall Street Journal citing people familiar with the matter, plans for ICE, which owns the New York Stock Exchange, to roll out the bitcoin futures contract […]

How global warming is decimating some fish populations and helping others

ABN# BY Tom Bawden Groundbreaking study finds key North Sea species have declined by 34.6% since 1930 North Sea fish populations are being hit hardest by global warming Read more at: The surprise discovery this month that climate change has decimated key North Sea fish populations means fishing quotas […]

Tropical Cyclone Idai highlights climate change issues

ABN# As Mozambique and Zimbabwe try to pick themselves up following devastation from Tropical Cyclone Idai, the role of climate change is becoming more and more relevant. The interesting bit is that it is not apparent that human activities have facilitated the occurrence of such disasters, as researchers pore over. […]

Facebook stored your password in plain text, exposed

ABN# Facebook on Thursday admitted that millions of passwords were stored in plain text on its internal servers, a security slip that left them readable by the social networking platform’s employees. “To be clear, these passwords were never visible to anyone outside of Facebook and we have found no evidence […]

Experts Tease Out Kingpin Role of Digitization for Africa’s Revenue Harvest

ABN# Marrakech — Digitization has been variously described as pivotal in ramping-up revenue collection for financing Africa’s development. This convergence of views characterized discussions at one of the plenary debates of the 38th meeting of the Committee of Experts of the ECA Conference of African Ministers of Finance, Planning and […]

British Airways launches double Avios promotion

ABN# British Airways is offering double Avios on six flights taken before the end of the year. However you’ll need to get organised – all flights must be booked by April 19 (and flights you’ve already booked don’t count). Executive Club members must register for the deal before booking, and the bonus […]

Ethiopia Ratifies Continental Free Trade Area Agreement

ABN# The House of People’s Representative (HPR) has approved the draft proclamation for the ratification of African Continental Free Trade Area Agreement today. The HPR ratified unanimously the proclamation for the ratification of African Continental Free Trade Area (ACFTA). As of the end of February this year, 52 out of […]