Brazil Blames Its Former Central Bank Chief for Fintech Chaos. Visitor Logs Suggest Otherwise
Brazil's finance minister blames the old central bank for weak Brazil fintech supervision, but Banco Master met officials far more...
July 10, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Ghana Gold Dispute: President’s Brother Defies Courts
A Ghana gold dispute over the $100 million Black Volta mine pits investors against E&P, run by the president's brother....
July 10, 2026
PepsiCo’s Big Indian Bottler Enters Kenya With a $32 Million Dairy Deal
Varun Beverages Kenya entry: the Indian PepsiCo bottler is buying DFIL Kenya's dairy, juice and water business for $32 million,...
July 10, 2026
Congo’s Rawbank Probe Puts Its Biggest Bank on Edge
The Rawbank probe touches the billionaire Rawji family behind DR Congo's biggest lender. Prosecutors stress no offence is proven; a...
July 10, 2026
The Co-Founder of South African Bank Capitec Borrows $402 Million Against His Shares
Michiel le Roux raised $402 million against 1.37 million Capitec shares, a JSE filing shows - liquidity without selling for...
July 10, 2026
Brazil Inspected Six in a Hundred of Its Riskiest Dams Last Year
The Brazil dam safety report names 213 dams as critical, and fewer than six percent of regulated dams were inspected...
July 10, 2026
A Judge Says Two of Brazil’s Biggest Banks Helped Hide Americanas Debt
A federal judge saw indications that Itaú and Santander hid Americanas fraud debts. Itaú flatly denies any coordination as courts...
July 10, 2026
Brazilian Judges Are Paid Far Above the Legal Cap. Their Courts See No Problem
Payments hit ten times Brazil's R$46,366 cap. After the STF penduricalhos ruling, seven state courts were summoned to explain and...
July 10, 2026
Brazil Says $1.5bn Was Laundered Through Rio Petrol Stations
Coaf traced R$7.6bn ($1.48bn) in a Rio fuel station laundering case. A Senate hopeful and former police chief are among...
July 10, 2026