Claude Kameni is a fashion designer from Cameroon who makes expensive clothes that are inspired by African culture. She hasn’t released a “2026 collection” yet, but she has been working on a prom couture raffle that was announced in early 2026. The winners will be chosen by February 7. These unique items are made for […]
The Suzuki Across is Suzuki’s premium plug-in hybrid SUV designed to combine efficiency, advanced technology, and strong performance. The 2026 model represents an updated generation of the SUV and continues Suzuki’s collaboration with Toyota RAV4, as the Across shares its platform and hybrid system with Toyota’s popular model. With refreshed styling, upgraded technology, and a […]
The coronavirus has sent global markets to a stand still as its ramifications to a swath of businesses and industries becomes more apparent. Companies that make and sell products are struggling to secure supply lines as business people face one of the most devastating moment in global economy. Globally, the airline industry is set to […]
The South African economy shrank by 1.4% in the fourth quarter of 2019, according to recent Gross Domestic Product numbers, released by Statistics SA on Tuesday March 3. This followed a contraction of 0.8% in the third quarter, which means that the economy was in recession for the last half of 2019. South Africa last […]
The management of Lagos Airport Hotel, Ikeja, has debunked claim by Lafarge Plc that the Italian who brought Coronavirus to Nigeria first slept at the hotel before coming to the company in Ogun State. The Lagos Airport Hotel management described the report as a lie and untrue, as no Italian ever visited the hotel as […]
United Bank for Africa Plc (UBA) has posted a profit after tax of N89.1 billion for the financial year ended Dec. 31, 2019. The profit after tax represented a growth of 13.3 percent to N89.1 billion compared with N78.6 billion recorded in the correpsonding period of 2018. Its profit before tax stood at N111.3 billion […]
Access Bank Plc’s merger with Diamond Bank in April 2019 and its recent expansion into the East African market have started to yield results. Now it has been named as one of the top 500 global banking brands, according to leading business valuation and strategy consultancy, Brand Finance. Access Bank has, according to its website, […]
Today, Patricia launched its exclusive and eagerly awaited PATRICIA BITCOIN ATM CARD, and as some users will call it, Africa’s First Bitcoin card; a global initiative that simplifies the way that its current and new users interact with bitcoin, giving them access to do everyday financial transactions at the swipe of a card. The firm […]
Dangote Cement exports from Nigeria to neighbouring countries fell 41% in 2019 when Nigeria’s government closed the land borders. The development has made the dominant cement company in Africa move its exports to Congo Republic, producing from plants in those countries. Nigeria shut its land border in August to curb the smuggling of rice to […]
The port of Pointe Noire is constantly expanding. President of the Republic of Congo Denis Sassou Nguesso on Wednesday inaugurated new infrastructure for the Congo terminal. It is the concessionaire of the Autonomous Port of the Congolese economic capital. Managers of the port hope this will further consolidate its position as a transit country. “The […]
Talal Abu-Ghazaleh International Organization, said that Egypt’s economy is set to become the sixth strongest in the world by the year 2030, during an interview with Russia Today (RT) on Thursday, February 20. Highlighting a US study, Ghazaleh pointed out that Egypt will follow close behind the globe’s major economies in 2030, such as China, […]
MCAs want county assemblies to be financially independent in proposals to the Building Bridges Initiative. The County Assemblies Forum said the county assemblies’ financial autonomy was key to the proper dispensation of their mandate as well as respect for separation of powers. The forum is pushing for a complete financial de-linking of county legislatures from […]
Finance Minister in an interview with the Sunday Mail said the mono currency situation is here to stay and the government wants to enforce the use of the Zimbabwe Dollar and they will penalise those who deviate from charging and pricing in local currency. Said Professor Mthuli: Zimbabwe is in a mono-currency situation. We introduced […]
Rabat – Rand Merchant Bank (RMB) has named Morocco the second most attractive country for investment in Africa, emerging stronger than South Africa and second only to Egypt in the bank’s 2019 index. The index, “Where to Invest in Africa,” aims to provide easily digestible data and analysis to firms considering investing in Africa. The […]
The joint South African Airways (SAA) business rescue practitioners (BRP) on Sunday defended steps taken to turn the embattled airline around, but also pledged to continue engaging stakeholders and to include inputs in the final business rescue plan. The BRPs, Les Matuson and Siviwe Dongwana, have noted the comments made by the relevant unions, the […]
Wema Bank Plc has reported a 32.5% increase in its after-tax profit for Full Year 2019 compared to the corresponding period of 2018. The full account of the bank’s financial performance in the review period is published in its Unaudited Financial Statements for the Period Ended 31 December 2019, posted on the website of the […]
With crude oil prices shedding over $11 per barrel this year to $55, thus alarming the producers, a panel set up by the Organisation of Petroleum Exporting Countries (OPEC) and its allies have recommended a provisional cut of 600,000 barrels per day in oil supply to the international market, in response to the Coronavirus outbreak, […]
Foreign investors have overlooked pertinent domestic risks and rushed into rand-denominated bonds, prompting the yields on 10-year government bonds to fall to their lowest levels in almost five months on Thursday. Global markets recovered this week as efforts to tackle the deadly coronavirus and positive news regarding US-China trade ties lifted investor sentiment. Foreign investors, […]
Cell C, which has defaulted on almost R3bn of debt, said on Wednesday it had renewed its sponsorship agreement with Sharks Rugby. “Our sponsorship over the last six years has proven exceptionally valuable as a brand engagement platform for our customers as we endeavour to connect with them through their passion whilst driving key brand […]
South African billionaire Patrice Motsepe apologized for telling U.S. President Donald Trump that Africa loves him, but warned the growing perception that the continent is anti-America may hamper investment. Motsepe’s remarks to Trump at a business dinner during the World Economic Forum in Davos last week sparked a debate among his countrymen who questioned his […]