FinanceNews & Analysis

Pan-African Payment and Settlement System (PAPSS) takes root in 115 African commercial banks

by Paul Murungi
Promoters of the Pan-African Payment and Settlement System (PAPSS) including top African banks' CEOs at a consultative Forum in Cairo, Egypt..

Mr. Mike Ogbalu III, Chief Executive Officer of the Pan African Payment and Settlement System has revealed that the payment system is making rapid progress and is fully operational in…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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