Monday, 19 February 2018

Category: Business

Feed Subscription
  • Sudan frees political prisoners

    Sudan frees political prisoners

    Sudan's government has released more than 80 political prisoners, following a directive from President Omar al-Bashir. The detainees, among them women, students and journalists, we ...

  • Isuzu Motors officially launches Isuzu East Africa

    Isuzu Motors officially launches Isuzu East Africa

    Leading multinational automaker Isuzu Motors Limited, Japan has officially launched Isuzu East Africa (Isuzu EA) in Kenya. This follows the buyout of General Motor’s 57.7% majority ...

  • President George Weah orders review of Liberia’s concession agreements

    President George Weah orders review of Liberia’s concession agreements

    Liberia’s new President George Weah has ordered a review of concessions entered into by previous administrations, the presidency said in a statement on Wednesday. The statement sai ...

  • Who is Cyril Ramaphosa?

    Who is Cyril Ramaphosa?

    South Africa has a new president – Cyril Ramaphosa. Do we know him? Ramaphosa cuts a decent figure to stabilise the economy, and secure the constitutional architecture that he help ...

De Beers confirms sale of Kimberley Mines

De Beers confirms sale of Kimberley Mines

De Beers Consolidated Mines (DBCM), the diamond miner, has signed an agreement to sell Kimberley Mines in South Africa to Ekapa Minerals. The deal is valued at R102 million (US$7, ...

Read More »
First Nigeria manufacturing index released

First Nigeria manufacturing index released

The upcoming festive season and Nigeria President Buhari Muhammadi's recent appointment of a new cabinet have been projected to boost business confidence in Nigeria as the year dr ...

Read More »
Eskom ends Exxaro coal supply contract

Eskom ends Exxaro coal supply contract

Eskom will not renew its decades-long contract with Exxaro when it expires at the end of the month. It is thus seeking coal bids for its 100 megawatt (MW) Arnot plant. This brings ...

Read More »
Mixed fortunes for indigenous oil firm

Mixed fortunes for indigenous oil firm

Seven Energy, the indigenous Nigerian oil and integrated gas company, has released a mixed set of results for the nine months ended September 30. Earnings before interest, taxes, ...

Read More »
Africa’s booming retail sector set to attain China’s lofty standards

Africa’s booming retail sector set to attain China’s lofty standards

The continent’s retail industry is earmarked for a boom, such as one experienced by current economic powerhouse China in the late 1980s, on the back of a rapidly increasing popula ...

Read More »
Guinness hopeful of favourable NAFDAC verdict

Guinness hopeful of favourable NAFDAC verdict

Guinness, the local Nigerian brewery, is hopeful of a fair outcome to investigations the National Agency for Food and Drugs Administration and Control (NAFDAC) has initiated again ...

Read More »
Falling Cedi drags Ghana exchange down

Falling Cedi drags Ghana exchange down

The Ghana Stock Exchange (GSE) is bearing the brunt of the weakening Cedi, which over the months has been losing value against major currencies. The currency’s value has taken a t ...

Read More »
Calls deepen to diversify Nigeria economy from oil

Calls deepen to diversify Nigeria economy from oil

The falling oil prices in the international markets have made it imperative for Nigeria, Africa ’s biggest producer of the product, to explore untapped industries to revive its ec ...

Read More »
Global investor buys major stake in Nigeria’s Sigma

Global investor buys major stake in Nigeria’s Sigma

ACTIS, a global pan-emerging markets investor, has acquired a majority stake in Sigma Pensions in a transaction valued at US$62 million. Sigma is a leading pension fund administra ...

Read More »
Analysts unconvinced by CBN policy measures

Analysts unconvinced by CBN policy measures

A global economic think-tank has maintained scepticism at policy measures unveiled by the Central Bank of Nigeria to enhance economic growth. The measures were unveiled on Tuesday ...

Read More »
scroll to top