Business

WEMA Bank posts 32% rise in profit

Wema Bank Plc has reported a 32.5% increase in its after-tax profit for Full Year 2019 compared to the corresponding…

February 7, 2020

OPEC Committee Recommends Fresh 600,000bpd Oil

With crude oil prices shedding over $11 per barrel this year to $55, thus alarming the producers, a panel set…

February 7, 2020

SA bond yields fall to five-month lows as investors shrug off domestic concerns

Foreign investors have overlooked pertinent domestic risks and rushed into rand-denominated bonds, prompting the yields on 10-year government bonds to…

February 6, 2020

Cash-strapped Cell C to renew deal with Sharks

Cell C, which has defaulted on almost R3bn of debt, said on Wednesday it had renewed its sponsorship agreement with…

January 29, 2020

South African Billionaire Apologizes After Telling President Trump Africa ‘Loves’ Him

South African billionaire Patrice Motsepe apologized for telling U.S. President Donald Trump that Africa loves him, but warned the growing…

January 28, 2020

Minister urges Nigerian states to embrace digital economy

Nigeria’s Minister of Communications and Digital Economy, Dr. Isa Pantami, has urged the 36 states of Nigeria to key into…

January 23, 2020

Kenyan investment bank predicts continued opportunities for NSE

Genghis Capital, one of the leading investment banks in Kenya on Tuesday released a report predicting that the Nairobi Securities…

January 21, 2020

Buhari unveils giant strides in agric. during meeting with British PM

President Muhammadu Buhari has unveiled progress of his administration and the strides in agriculture, leading almost to self-sufficiency in rice…

January 20, 2020

As Brexit nears, UK’s Johnson pushes for deeper trade ties with Africa

The United Kingdom is positioning itself to be the ‘investment partner of choice’ for Africa, holding a summit with leaders…

January 20, 2020

AfDB reveals top priority as Adesina visits UK

The African Continental Free Trade Area (ACFTA) will top discussion as Dr Akinwumi Adesina, the President of African Development Bank…

January 17, 2020

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