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Business: Double dividend pay ratio of AngloGold

AngloGold is set to double the dividend of the mode of payment of its staffs. AngloGold is one of the biggest gold company in Africa at large, the company also has branches in Europe. The organization said it would pay its investors 20 percent of its free income prior to representing capital consumption in development ventures, […]

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Business: South Africa Set To Bail Out Airline

Tito Mboweni as approved the budget $641 million which is for the South African Airways, this is to resuscitate the aviation industry. Mboweni made the declaration in Wednesday’s medium-term spending strategy proclamation, finishing a long close to home protection from giving more assets to an organization that hasn’t made a benefit for just about 10 […]

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Business: Dangote Set To Delay Cement London Listing

Africa richest man Aliko Dangote is set to delay his cement listing in London, There has been talks about Aliko Dangote selling his shares in his cement maker in the stock exchange. Dangote Cement Plc, the mainland’s greatest maker of the structure material, isn’t relied upon to endeavor a U.K. first sale of stock until […]

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Business: Company Raises Over $12 Million For Africa’s Solar Power

A reputable soft provider has raised over the excess of 12 billion dollars for solar industry in Africa, this is to provide power for every house in Africa through solar energy. Previously, the sheer expense of buying full reach sun powered energy units regularly put them out the span of millions over the landmass—including a […]

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Business: Emerging markets Are Better Placed After COVID-19 In South Africa – Franklin Templeton

The fate of emerging businesses all over Africa will feel next to no impact of the coronavirus pandemic according to serial business analyst Franklin Templeton. In an introduction for the Morningstar Investment Conference prior this month, Alistair MacDonald, senior VP and institutional portfolio supervisor at worldwide speculation firm Franklin Templeton, presented a defense for developing […]

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Business: What US Presidential Race Means For African Businesses

The US election comes up on Nov 3, there is no denying the fact that the elections outcome may impact business in Africa. Calvin Dark, a specialist on US-Africa relations, talked on the great possibilities for the African landmass. – Cocoa deadlock in Ivory Coast – Still with decisions, in Ivory Coast where president Alassane […]

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Business: Popular Venture Set To Raise Over 480 Billion Naira For Power In Nigeria

Popular Nigerian endeavor intends to raise 480 billion naira throughout the following three years to purchase power meters and help power merchants plug an income hole in Africa’s most crowded country. Not exactly a tenth of Nigeria’s 41 million families have their power utilization metered, and half of those are broken, concurring PricewaterhouseCoopers. Accordingly, conveyance […]

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Business: SA Grape Industry Set To Release Crop Estimate

A popular South Africa grape industry is set to release a crop estimate for the 2020/2021 SATI executive Fanie Naudé said that this flagged a normal getting back to typical industry volumes while additionally mirroring a peripheral development in hectares planted throughout the most recent six years. “The attention will be on giving quality table […]

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Business: The Growth Of Mobile Money Despite COVID-19

The impact of the coronavirus has forced the creation of digital and mobile money, due to the lockdown imposed by various government authorities in the wake of the pandemic. This has enabled the use of mobile money in business transaction. Here is Brighton Takawira who shared his story. I needed to send something, even a […]

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Business: Mboweni in difficult situation over MTBPS

The impact of the has been felt by countries all over the world particularly the business and economic sector. Tito Mboweni the finance minister of South Africa has been at logger heads with business ventures, particularly with their spending rate. Mboweni will on Wednesday present the Medium Term Budget Policy Statement and is confronting a […]

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Business: Amplant Approaches Full Production Capacity

Amplant production is approaching the normal level in October, the production is going back up, it went down a little bit due the the pandemic but seems to be nearing the normal level in the steel word. From a creation point of view, we have figured out how to arrive at 94percent of typical limit […]

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Business: Fintechs Drive Development of Computerized Culture In Nigeria

Nigeria’s Fintechs are set for the development of computerized culture in the country, as most countries all over the word have computerized most businesses. The CBN has an objective of money related incorporation of 95% by 2024 and investigators trust it will just draw near to this with the development of fintech organizations, items and […]

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Business: GE Energy Hopes For Digital Solution

GE Energy will be seeking and hoping for digital solution for the growth and development of power plant and the energy sector in Africa. CEO of GE Energy, Nyimpini Mabunda said on a statement on Wednesday that for a company to develop in this day and age, there’s need for digital solutions and he further […]

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Business: The Rising Success Of Coffee Business In DR Congo

The growth of coffee business has definitely affected the business positively, the success rate is breathtaking and quite surprising due to coffee mostly imported in the country. Here is a proven coffee business owner in the person of Aristotle Mumbere who is 25, as we share some of his challenges and how manages to deliver […]

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Business: Transnet clean Oil Spill Amidst Theft

South African company Transnet pipeline has begun the cleaning of the oil spill in Duban amidst an attempted theft. This as been an occurrence in time past The organization gauges as much as 60,000 liters of unrefined petroleum was spilled. Transnet Pipelines has had more than 80 episodes of fuel robbery this money related year […]

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Business: The Impact Of COVID-19 Not Felt By Nigerian Stock Exchange – Ogunbajo

The impact of the coronavirus not felt by Nigerian stock exchange says NSE president Abimbola Ogunbajo. He said that even when the pandemic had massive impact on various sector of the Economy and Businesses, the NSE didn’t feel the impact of the virus. One of its milestone functions was the consistent endorsement by the board […]

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Business: More Construction Companies In SA Set To Go Out Of Business

More construction companies in South Africa are set go out of business due to the proposed announcement by President Cyril Ramaphosa. The proposed plan is to have massive surge on infrastructural development would not be visible until the nearest future. Chris Campbell a notable constructor said on Friday, in light of BR questions, that a […]