Thursday, 19 July 2018

Category: Business

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Tigo Tanzania pays $2.1 million in quarterly profit share to customers

Tigo Tanzania pays $2.1 million in quarterly profit share to customers

Tanzania’s leading digital lifestyle company, Tigo, has announced another quarterly payment of US$ 2.1million (Tshs 4.4 bilion) to its 4.6 million Tigo Pesa users, the seventh tim ...

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Zimbabwe: Lonrho ventures into food processing

Zimbabwe: Lonrho ventures into food processing

Lonrho African Holdings has disposed its stake in Lonrho Fresh Exports Zimbabwe (LFEZ) to its indigenous partner Edwin Moyo as part of a new strategy which will see the group tran ...

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R19 to the dollar by end of 2016?

R19 to the dollar by end of 2016?

When there is a crisis people react to a situation and often the knowledgeable ones about the subject matter speak a lot. At almost every South African news outlet economists are ...

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Barclays Africa to shut down Nairobi office

Barclays Africa to shut down Nairobi office

The office was established in 2010 to offer Barclays subsidiaries in Africa technical support is said to have lost relevance in light of merging of operations with Absa to form Ba ...

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Chinese imports from Africa drop

Chinese imports from Africa drop

China's imports from Africa fell nearly 40% last year, Chinese officials have said, as low commodity prices and slowing growth in the Asian impact on its trade. Imports from the c ...

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Drive to include more Africans in financial ecosystem

Drive to include more Africans in financial ecosystem

Ingenico Group, the global leader in seamless payment, has reached a strategic fifty-thousand terminals landmark to serve the unbanked population and becomes the indisputable Fina ...

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No recession for SA

No recession for SA

South Africa's economy will not slide into depression, Finance Minister Pravin Gordhan said on Thursday. He countered predictions by some economists that sharp currency weakness p ...

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Orange grows in Africa

Orange grows in Africa

French telecoms giant Orange says it has agreed to buy two subsidiaries of Airtel in Burkina Faso and Sierra Leone as part of its strategy of investing in emerging markets. The de ...

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Scottish Oil and Gas Trade Delegation to visit Ghana

Scottish Oil and Gas Trade Delegation to visit Ghana

A Scottish Oil and Gas delegation will be visiting Ghana on 21st and 22nd of January 2016. The aim of this visit is to gain a good understanding of local market conditions and to ...

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Orange will acquire 100% of the mobile operator Cellcom Liberia

Orange will acquire 100% of the mobile operator Cellcom Liberia

Orange, on Tuesday announced that it has entered into a firm agreement with Cellcom Telecommunications Limited to acquire, through its subsidiary Orange Côte d’Ivoire, 100% of Cel ...

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