Zimbabwe’s government has announced an initial pay-out of $3m (£2.3m) to white farmers whose farms were seized under a controversial government programme more than two decades ago. It is the first payment to be made under the 2020 compensation agreement signed between the state and the local white farmers in which Zimbabwe committed to pay…
DLocal is one of Latin America’s most prominent payment players. It specializes in cross-border payments for emerging markets such as Brazil, Mexico, Colombia and its home country, Uruguay. Sopa Images | Lightrocket | Getty Images LONDON — Uruguayan payments firm dLocal has secured a U.K. payment institution license, adding to the company’s growing portfolio of…
Bangladesh is ramping up payments to Adani Power after the Indian conglomerate reportedly cut electricity supplies by half because of an unpaid $800m bill. Two senior government officials told the BBC they are already processing partial payments to Adani, which supplies 10% of the electricity used by Bangladesh. “We have addressed payment glitches and already…
