South Africa's very first multiple-party government from the post-apartheid period deals with critical threats as ANC and DA leaders fight about the national spending plan while South African money struggles in unstable political times. The…
Elon Musk says he will not sell more…
Twitter and Tesla CEO (Chief Executive Officer), Elon Musk, has said that he will not sell any more Tesla stock for the next two years. He made those comments in a Twitter Spaces audio chat.…
Ghana suspends payment of part of its foreign…
Ghana has announced that it temporarily suspended the payment of part of its external debt as the country struggles due to an economic crisis. On Monday, the Finance Minister of Ghana, Ken Ofori-Atta, announced the…
Ghana hoping for IMF agreement by next week:…
According to the finance ministry of Ghana, the economic recovery efforts of the country could be delayed and complicated if a visiting team from the International Monetary Fund (IMF) does not agree with a negotiation…
Buhari accuse governors of stealing LG funds
Muhammadu Buhari, the President of Nigeria, has accused the governors of stealing LG (local government) funds. He has accused them of diverting allocations from the federation account. The president attended an event hosted for members…
For company expansion in Africa, Mauritius is ideal…
At the periodic conference that brought together African energy leaders, transnational investors, and directors, rama Commercial Services (https//OramaCorporate.com/), one of the gold guarantors of the African Energy Week( AEW 2022), persistently displayed its vision on"…
Chinese capacity-building initiatives support skilled labour in Africa
The young Djiboutian girl Aisha was watching the dispatch centre operations at the Nagad railway station in Djibouti while paying great attention to the many colourful dots and lines flashing on the screen. Aisha was…
ECI, ATI sign reinsurance agreement
By offering enterprises trade credit insurance and trade backing results, Etihad Credit Insurance( ECI) and African Trade Insurance Agency( ATI) hope to promote marketable ties and increase exports between the two requests. The agreement builds…
The first African carbon credit market opened in…
The first carbon credit company in Egypt has been established by government officials, opening the door for a national carbon credit market to lower CO2 emissions. On November 6, an agreement to establish Egypt's first…
Businesses to rise efforts to stem tide of…
Member nations across the Commonwealth are eager to see corporations play a bigger role in the fight against climate change in light of the growing climatic uncertainties and rising financial needs for climate adaptation and…
South Africa’s new transformation law: What you need…
The newly amended Employment Equity (EE) Act, which gives the employment and labour minister the authority to regulate sector-specific EE targets and compliance requirements, has the potential to have a significant impact on businesses in…
Businesses in Africa were affected by floods over…
According to a recent study, 23% of African firms were impacted by drought over the past year, and 39% by floods. The British International Investment's Emerging Economies Climate Report 2022 noted that drought and water…
Tanzania and China agree on more than a…
Tanzania and China signed 15 agreements to foster bilateral trade relations between the two countries. The agreements were signed as part of the agendas during the three-day visit of the President of Tanzania, Samia Suluhu…
$40 bn grid investments needed for stable electricity
Kola Adesina, group managing director of Sahara Power Group, has estimated that it will take around five years for African nations to invest an average of $40 billion in their power grids in order to…
Renda to provide logistic services for businesses in…
When you run an eCommerce business, logistics may be a real pain, especially if you need to manage various delivery locations and riders. Given how crucial order fulfilment is to your clients, you should make…
TraceX Collaborates with ‘Univision’ to Offer Traceability Solutions
In order to provide end-to-end traceability in the agricultural supply chain, TraceX Technologies, a blockchain-powered traceability technology that improves food and supply chain transparency, has entered the African market in partnership with Ghana-based Univision. TraceX…
Nestlé appoints new Managing Director for East, S…
Nicole Roos has been elected by Nestlé to follow Bruno Olierhoek, whose tenure ends on October 31, 2022, as the Managing Director for the East and Southern Africa Region (ESAR), which is based in Johannesburg,…
The 5th YouthConnekt Africa summit concluded with demands…
After three days of conferences, masterclasses, and networking sessions, the 5th edition of the Youth Connect Summit came to a close in Kigali, Rwanda, on Saturday, October 15th. At the event, thousands of young leaders…
Restrictions are imposed on the use of foreign…
In an effort to shore up declining foreign reserves in one of Africa's main economies, Ethiopia has ordered banks to withhold foreign currency from businesses that are importing non-priority commodities. This move was made in…
