business

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…

September 16, 2020

Business: Kenya Airways to resume flights to 3 African countries

Kenya Airways stated it will resume business passenger flights to Ghana and Sierra Leone on September 16 and to Liberia…

September 15, 2020

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…

September 14, 2020

Business: Payments for UIF Covid-19 TERS were again halted to resolve gaps found by AG

The payments for the new and high-quality applications for the Covid-19 TERS remedy benefits have been halted while the Department…

September 13, 2020

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…

September 12, 2020

Business: Ethiopia Telecom auction scheduled with Orange in dispute for 2021

Ethiopia has set a new deadline of February 2021 to whole the partial privatisation of the country’s telecommunications industry, with…

September 11, 2020

Business: Labat Africa became the first healthcare organization for cannabis

LABAT Africa has taken every other step ahead in its ambition to grow to be a leading cannabis healthcare corporation…

September 10, 2020

Business: Economy Down by 51% in 2nd Quarter in South Africa

South Africa's economy, the most industrialised in Africa, collapsed by using 51% between April and June in light of the…

September 9, 2020

Business: African Bank signs a R8bn aid deal with shareholders

African Bank stated on Monday that it had entered into an R8 billion help arrangement with its shareholders to re-enter…

September 8, 2020

City Lodge parks dividend after loss of R486 m due to coronavirus

City Lodge Hotels parked its remaining dividend charge for the yr ended in June as it fluttered to a R486.6million…

September 7, 2020

Business: Unilever to get rid of the fossil fuel cleaning goods by 2030

When a company units a aim to reach zero emissions inside decades, it has to begin cutting carbon on each…

September 6, 2020

Business: WorldRemit to acquire Sendwave, a remittance company with a focus on Africa

Digital, international cross-border payments company WorldRemit introduced it has agreed to collect Sendwave, a rapidly growing app-based remittance organisation in…

September 5, 2020

Business: Ethiopian Airlines Group could aid SAA

Ethiopian Airlines Group is amongst corporations in talks with South Africa’s government about potentially supplying aid to the country’s insolvent…

September 4, 2020

If lockdown laws continue to be flouted we will shut down the beer taps – brewers

The Beer Association of South Africa, which incorporates the Craft Brewers Association South Africa, Heineken and the South African Breweries,…

September 3, 2020

Business: Old Mutual defers dividend in African companies as profit

Old Mutual Ltd. suspended its interim dividend as the fallout from the coronavirus pandemic savaged earnings, and will only make…

September 2, 2020

Business: Sun International set to cut 3,300 jobs

Sun International in South Africa is planning to cut 3,300 jobs in South Africa and Chile as part of a…

September 1, 2020

South Africa: Talks With Keen Investors in State Airline South African Airways

South Africa‘s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs…

August 31, 2020

Business: Massmart shares continue to benefit amid loss of revenue

Massmart earnings tumbled 40 percent at some point of the 26 weeks to June as store income slumped on the Covid-19…

August 30, 2020

Business: Kenya Airways sees demand drop in the middle of the pandemic more than half

Kenya Airways Plc expects demand for air tour for the rest of this year to be less than half of…

August 29, 2020

Business: AfDB Unanimously Reelected Adesina As President

Still in Position Akinwumi Adesina - a 60-year-old former Nigerian agriculture minister, was unanimously re-elected to serve as the President…

August 28, 2020

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