The United Arab Emirates (UAE) has always been considered an important player in the international business environment. But beyond the economic powerhouse, the UAE is increasingly becoming a role model in tolerance and a reliable…
Biden renews push for stronger business ties between…
On Tuesday, United States of America’s President Joe Biden announced that the administration is pushing for expanding business ties between US firms and Africa. The focus of this relationship would be on sectors including health,…
COVID-19: Boosting intra-Africa free trade need of the…
The COVID-19 pandemic and movement restrictions significantly disrupted the global supply chain, resulting in shortages of essential products such as medical equipment and pharmaceuticals across the world. As several pharmaceutical-producing countries suspended their exports due…
African leaders are requesting $100 billion from a…
On Thursday, African leaders convened in Abidjan, Ivory Coast, to lobby the World Bank for fresh aid plans to help them finance their economic recovery and improve access to Covid-19 vaccines. As the COVID-19 pandemic…
Nissan and AfCFTA together committed to boosting the…
Nissan has always appreciated the commitment of the enormous African automobile market. In Egypt, Nissan has a very agile plant and makes vehicles just for the region. Nissan manufactures three main models, and the primary…
Africa’s SME businesses further decline due to the…
The coronavirus pandemic has caused a double whammy by causing health and economic crises across Africa. It has left a lasting impact on the small and medium-sized enterprises (SMEs) of the nation. The absence of…
South Africa: National Treasury makes changes in Pension…
The National Treasury in March 2021 had published a draft amendment to regulation 28 of the Pension Funds Act for public comment in South Africa. It is expected to make it simpler for retirement funds…
South Africa’s job crises spikes as locals seek…
As South Africa’s economy recovers from COVID-19’s detrimental impacts, high unemployment rates are being felt by the country’s municipalities all across. As per the South African Local Government Association, job losses directly are being blamed…
Uganda’s fintech are way for a mobile crypto…
East Africa’s Uganda is rapidly emerging as a fintech hub. Millions of customers across the continent view the emerging facility as a great “convenience”. Consumers are cashing in on great access to financial technology offered…
6 laws Ramaphosa’s cabinet approved for South Africa
The cabinet in South Africa approved several new bills for submission to parliament. It included a proposal for legislation for workplace safety and consumer protections around housing. It was announced on March 11, that these…
Rwandas economy is in steady decline During the…
Rwanda's economy is in the throes of a recession as the continent is currently in a state of crisis with Covid 19. The continent as a whole has been hit hard by the global outbreak…
Nigeria Central Bank Explains Why Cryptocurrency Ban
According to the BBC, the Central Bank of Nigeria on Friday stopped banks and financial institutions from dealing with Crypto currency transactions or facilitating the exchange of Crypto currency. The government has said it is…
Business: DRDGOLD Records Strong Financial Performance In Gold…
DRDGOLD one of the world's leading gold treatment organization has declared and recorded a strong performance in the financial sector of the organization for the past six months, this is a major boost in the…
Business: Sasol Profit Rises Immensely On The JSE…
Popular South African pharmaceutical company, Sasol recorded major profit on the JSE in the late hours of Friday, the total profit gained by Sasol was in the excess of over R100 shares which ranks amongst…
Business: Former Executives Fight For The Ownership Of…
The former executives of Tekkie Town are legally fighting for the ownership of the popular home accessories, both parties are set to go the distance in reclaiming the popular accessories retailer. The matter was tabled…
Business: Mining Sector Set For Coronavirus Vaccine Distribution…
The mining sector in South Africa is set for a whopping R300 million coronavirus vaccine rollout within the industry to reduce the spread of the coronavirus pandemic in the country. This is according to sector's…
Business: What’s Next After The End Of The…
There was a bill passed in 2020 to change the CFA franc to the Eco. This will ultimately end the centralization of the foreign exchange, that is exclusively available to countries in the West Africa…
Business: Nedbank Set To Offer Contactless Service To…
Popular bank, Nedbank has offered contactless service to collect bank cards, the customers of Nedbank can now collect their various cards either debit or credit card without the need to physically be in the bank…
Business: AfDB Set To Launch An Increased Climate…
African Development Bank are set to launch an accelerated change initiative, the proposed budget for this initiative is around $25 billion, and it's strictly for the continent of Africa. This initiative is to help African…
