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Unbanked Pakistan to get first digital bank this month, account opening in 3 minutes

Fintech startup TAG Innovation is expected to start commercial operations in 2-3 months in a country where 70% of adults, i.e. about 100 million people, don’t have a bank account.

Pakistan s first digital bank - TAG Innovation – gets set for launch

Pakistan look to resume cement exports to South Africa

Pakistan look to resume cement exports to South Africa 16 December 2020 Pakistan s Intermarket Securities Ltd has reported that cement manufacturers are hopeful that exports to South African might resume soon as anti-dumping duties expire on 17 December 2020. Earlier, the International Trade Administration Commission (ITAC) of South Africa has issued a notice announcing the start of a review on the anti-dumping duties as their five-year term is set to expire.  South Africa s anti-dumping duties, which range from 14-77 per cent, were imposed in 2015 on Pakistani cement. Export from Pakistan was valued at US$14.60m in 2015-16 compared to US$63.60m in the previous year. The share of cement exports to South Africa was 20-30 per cent in 2015-16.

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