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…
Business: Omnia is turning tide in the middle…
South Africa’s Omnia Holdings Ltd. is emerging from the coronavirus pandemic on pinnacle after the agricultural and chemicals enterprise flipped from big financial losses and surging debt to better liquidity and with enlargement plans on…
Business: Finger points for banking investigation at Standard…
The escalating probe into the banking enterprise has fingered one of the country’s biggest banks as being part of a giant community in which nearby financial establishments have been involved in dodgy dealings. The investigation…
Business: For post-Covid-19 recovery, startups may rely on…
This pandemic has caused sizeable disruptions on economies leading to quite a few agencies – massive or small – going below amid Covid-19-induced lockdowns. As startups confront unprecedented times, many are questioning of taking dramatic…
Business: African tech startups are beating the pandemic’s…
When modern versions of African tech ecosystems started out taking structure a decade ago, the big, existential question used to be about where investment would come from. As successive years of record-breaking funding signaled investor…
Business: Losses and Recovery of African Air Space
Africa faces a difficult choice as infections and fatalities are rapidly rising; does it welcome back international flights that originally brought COVID -19 to the ill-prepared continent, or continue restrictions on flights and further hurt…
Business: Tribunal worried that TNPA may have dodged…
The Ports Regulator of SA Tribunal expressed grave challenge about the stance adopted by way of the Transnet National Ports Authority (TNPA) at the Port of Saldanha in that it regarded to have decreased itself…
Business: Is the SAA rescue offer going to…
The government is set to dip into its own pocket to bail out SAA and retailer the struggling airline from liquidation while asking quite a number lenders to finance the R2 billion retrenchment process. The…
Business: Comair closer to take-off as creditors implement…
Comair on Friday surpassed another great waypoint en route to returning to the skies when the giant majority of creditors and shareholders voted to adopt the business rescue plan. The company stated on Friday that…
Business: Franschhoek Wine Tram Back on Track Post-Lockdown…
All aboard the famous South African Franschhoek Wine Tram back on track following a six-month hiatus due to strict sanitary regulations in light of the Covid-19 pandemic — as was the case with many businesses…
Business: Africa’s richest man, Aliko Dangote bets on…
On a peninsula east of Lagos, 30,000 employees are employed on a task that holds out the promise of transforming Nigeria’s economic fortunes. It’s right here that Aliko Dangote, Africa’s richest man, plans to spend greater than…
Business: COVID-19 may help revamp Africa’s economies
The coronavirus pandemic may want to convey tremendous modifications to Africa’s economies even if output shrinks by means of as tons as 10% this year, in accordance to a new investment report. There are already…
Business: Kenya Airways to resume flights to 3…
Kenya Airways stated it will resume business passenger flights to Ghana and Sierra Leone on September 16 and to Liberia on September 17. The flag carrier stated in an advertisement in the Daily Nation newspaper…
Business: Telkom shares are snubbed for cash proposal
Telkom investors have snubbed the board’s request for a regularly occurring authority in the issuance of shares in the telecoms corporation for cash on the grounds the pass could dilute current shareholding structure. The shareholders…
Business: Payments for UIF Covid-19 TERS were again…
The payments for the new and high-quality applications for the Covid-19 TERS remedy benefits have been halted while the Department of Employment and Labour and the Unemployment Insurance Fund (UIF) improve controls as urged by…
Business: Nigeria- Ghana Trade Tensions
Kenya's hospitals are seeing 50-60% fewer medical institution visits due to the covid-19 pandemic. A Kenyan company has developed a smartphone software that allows sufferers to get the remedies they need. Starting at US$10 per…
Business: Ethiopia Telecom auction scheduled with Orange in…
Ethiopia has set a new deadline of February 2021 to whole the partial privatisation of the country’s telecommunications industry, with carriers such as Orange SA eager to increase into a market of extra than 100…
Business: Labat Africa became the first healthcare organization…
LABAT Africa has taken every other step ahead in its ambition to grow to be a leading cannabis healthcare corporation by getting into negotiations to acquire a South African Health Products Regulatory Authority-licensed hashish developing…
Business: Economy Down by 51% in 2nd Quarter…
South Africa's economy, the most industrialised in Africa, collapsed by using 51% between April and June in light of the Covid-19 pandemic, according to the country's information agency. An unheard of decline in GDP used…
