Category

NSA

No improvements, underspending and lack of accountability: Inside Compensation Fund’s issues NSA

No improvements, underspending and lack of accountability: Inside Compensation Fund’s issues

The Auditor-General's office is concerned about the entity's recurring challenges. The Auditor-General has revealed the details about the ongoing issues at the Compensation Fund, highlighting a lack of accountability and ineffective consequence management. Parliament’s Standing Committee on Public Accounts (Scopa) was addressed by officials from the Auditor-General’s office on Wednesday…
bubmag
February 5, 2025
Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi NSA

Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi

A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored toward low- and middle-income workers. The company provides solutions like salary advances, digital…
bubmag
February 4, 2025