Business

CRIME  Hacking is among the common casesSammy Kioko, Alliance Manager Africa region, has warned that cases of suspected fraudsters have penetrated electronic financial transactions in the region.

Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday.

The World Bank has approved a $40 million (Rwf23.9 billion) grant to Rwanda to strength pro-poor programmes.
The grant will benefit 115,000 people from poor households by 2013, a statement released yesterday read.