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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 […]

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Business: Surviving As A Teacher In This Pandemic

As the coronavirus pandemic continue to disrupt Jobs and businesses because of the lockdown teachers from mostly private institution as been it the most as a result of the lockdown Most private schools teachers are now entrepreneur of various works of life such as plumbering, carpentry, tailoring and the likes just to keep their body […]

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Business: There’s No Better Place To Start Up A Business Like Nigeria – Rabiu

There are no shielding postures here. Undaunted by using the attainable for pandemic brought on collapse in demand for commodities like sugar and cement Nigerian billionaire Abdulsamad Rabiu sees solely opportunity – in particular in agriculture, particularly in Nigeria. Not only is agribusiness fairly simple in phrases of its enterprise model, but it is pressing to save wanted […]

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Business: Privatisation Halted Temporarily In Ethiopian Airline

Privatisation seems to have been halted in Ethiopia Airline due to the impact of the coronavirus pandemic that seem to have halted various financial sector in Africa. Following a assessment of its Flag Carrier, Ethiopia has “temporarily” suspended plans to partly privatise Ethiopian Airlines. The announcement was made by Minister of Finance Ahmed Shide. He […]

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Business: Sasol Tax Break Aids Growth In Pollution – Group

Sasol Ltd. obtained a whopping $490 million profit enhance final year thanks to the country’s fuel subsidies and its exemption from a South African carbon tax, according to the International Institute for Sustainable Development. In a press briefing, the institute says that Sasol’s proprietary coal-to-fuel technology is a significant source of greenhouse gases from its […]

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Business: Carbon Prices Skyrockets After EU Assembly

The European Parliament advocated a format to toughen the bloc’s 2030 emissions-reduction target to 60% from 1990 levels, placing strain on European Union governments in upcoming talks about the ultimate form of a landmark climate law. The EU assembly posted on Wednesday the effects of greater than a hundred and seventy amendments to the law […]

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Business: South African stocks of banks aided by rand gains edge higher

South Africa’s main stock index advance 0.2% by 9:45 a.m. in Johannesburg as a stronger rand boosts shares in banks and gains for diversified miners counter weakness in gold and platinum producers. Investors will be keeping an eye on developments around a national strike called Wednesday by unions representing workers across a range of industries, […]

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Business: Interim Raubex profits are down by more than 130%

Raubex, the listed infrastructure development and construction materials supply group, yesterday warned shareholders its earnings per share for the six months to August 31 were expected to be much worse than it previously forecast. In a trading statement on July 30, the company said that it expected earnings and headline earnings per share to be […]

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Netflix is hoping on boosting growth in Africa with mobile-only subscriptions

When Netflix first launched in Africa in 2016, early predictions suggested it was likely run into unique problems it had not faced elsewhere, from users’ spotty internet connectivity to questions over its pricing. Five years later, the streaming giant is starting to tweak its Africa playbook by adapting to local market realities on the continent. […]

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Business: Renergen agrees to supply LNG along the N3

JSE-listed emerging natural gas and helium producer Renergen yesterday signed a supply agreement with Logico Logistics Group to supply liquefied natural gas (LNG) at Total filling stations along the N3 between Johannesburg and Durban. The signing of the supply agreement between the companies comes almost four months after Renergen and Total South Africa signed an […]

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Business: Platinum Group Metals set to become the largest revenue generator in mining industry in South Africa

Platinum Group Metals (PGMs) have overtaken coal as the biggest revenue generator in South Africa’s mining industry for the first time since 2010, according to the PwC SA Mine 2020 released earlier today. Revenue from mining houses jumped 38 percent in 2020 to R594 billion from R431bn a year earlier with PGMs generating 28 percent, […]

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South Africa: AlphaCode’s incubate programme awards startup with R450 000

AlphaCode, the startup incubator from Rand Merchant Investments (RMI), has awarded Oyi Medical Card R450 0 at its first virtual demo day. Oyi is one of seven startups that were awarded entrepreneurial programs valued at R2 million each in 2019 as phase of AlphaCode’s Incubate programme. The Oyi Medical Card is a savings card that […]