The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the Cinema Exhibitors Association of Nigeria (CEAN), said in a statement on Tuesday in Lagos that cinema lovers would enjoy discounted […]
Africa has been hit hard with the coronavirus pandemic, especially East Africa which has seen over 30 million people loose their job due to the coronavirus pandemic. People has either been retrench or has vacated their post due to inconveniences in their salaries. At the point when the COVID-19 pandemic sent the worldwide economy into […]
The CEO of Eskom, Andre de Ruyter has warned of a continued crisis in the utility power generation, this is due to the inability to generate power by the government of South Africa through independent producer. Ruyter said about portion of the 11 800MW was not going to be accessible for the following 10 years […]
A popular cryptocurrency groupin Africa in the name of Luno has welcomed the idea of the declaration of crypto as a financial product, this move was intiated by the Financial Sector Conduct Authority (FSCA) in the late hours of Friday. Luno head supervisor for Africa Marius Reitz said they invited the draft statement and digital […]
Business in South Africa has fallen junk territory after investment company joined fitch rating in reducing South Africa rating, this announcement was made in the late hours of Friday. Moody’s cut the country’s unfamiliar and nearby cash appraisals to Ba2, two levels underneath speculation grade, from Ba1. The standpoint stays negative. “The critical driver behind […]
The use of regenerative Energy in the world is on a upward trajectory, Africa as a continent hasn’t really come to terms with this innovation, Which isn’t suppose to be so because of the lack of electricity in the Africa continent. Africa must embrace regenerative electricity so as to provide electricity for every home. Africa […]
A South African company bin the name of Absa Group has declared that the company wouldn’t bee paying fund in an attempt to save cash due to the impact of the Covid-19. Profit before one-time things and bookkeeping changes will presumably decay in excess of 40% from a year sooner, Johannesburg-based Absa said in an […]
Bravura holdings is set so invest a large amount of money in the digging of Platinum mines in Zimbabwe, this initiative is to develop Platinum in the country. Platinum is the most common natural resources in the country. The 3,000 hectare (7,413-section of land) concession where it intends to dive the mine is in Selous, […]
The supply of oil across the World particularly Africa has decreased ridiculously, there has been a whopping 19% fall in Oil demand and supply. This has affected oil producing countries whose main natural resources is Oil. The report underscored the inversion of Africa’s benefits during 2020 contrasted and a year sooner, when uber investigation and […]
The coronavirus has affected most companies income due to the lockdown enforced by the government, as a result of this Novus Holdings revenue is on the downward trajectory, the company’s income has seriously nosedived, their income fell to a minimal 4 percent. The gathering administrations the nation and clients over the African mainland through its […]
A South African Fintech company has been chosen for a worldwide Startup program specifically sponsored by MasterCard, this is an initiative to create a Matercard paycode for a South African Fintech company. Amy Neale, Senior Vice President, Start Path and Fintech at Mastercard stated, “Mastercard has chosen Paycode to join its Start Path biological system […]
A south African Data center in the name of Teraco Data Environment Ltd is set to invest over $200 million to build an enabling data environment according to a statement by the CEO. The mainland’s greatest server farm administrator is beginning development on the office in South Africa’s monetary center point, Johannesburg, as it gets […]
Now that Democrat Joe Biden has been declared winner of the presidential election in the US, all the financial protocols put in place by President Donald Trump will changed due to incoming president policy. Economist have predicted a positive change in the way currencies have fallen in recent times, especially the South African Policy. The […]
Busisiness in Africa has been on downward trajectory ever since the inception of the coronavirus pandemic that has Killings thousands of people which as incapacitated business venture. While boost bundles are being molded to enable the district to work back more grounded, Energy challenges are one of the regular highlights of current interruptions in the […]
Liquid Telecom has raised over $300 million dollars in the possible enlargement of an African Data Centre. This is to create an enabling environment business entrepreneur to create more business, This is a very good initiative in the wake of the coronavirus pandemic, which as seen many business venture affected. The most recent venture originates […]
As the world struggles to recover from the coronavirus pandemic, business and Economy has beenhit the most. This as prompted Business organization all around the globe, particularly in Africa to propose a change in condition of business. The IHS PMI moved back over the 50-point level that isolates development from constriction unexpectedly since April 2019. […]
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, […]
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 […]
