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…
Business: Gold skyrockets due to financial boom fears
Gold is heading for its seventh weekly acquire as it advantages from a especially weak dollar and inflation expectations globally. Bullion, valued by way of traders in instances of crisis as a secure haven and…
Angola can become the fourth largest economy in…
According to forecasts from the Institute for Studies and Security (ISS), based in Pretoria , South Africa, Angola could become the fourth largest economy in Africa before 2050. During the aforementioned time the nation will…
NEWS: SAA staff want say on decisions
Employees of the troubled national carrier SAA are demanding to be part of the decision-making structures at the reconfigured airline now expected to emerge from its ruins. Cosatu affiliate the SA Transport and Allied Workers’…
Business: Now is the time to invest in…
Despite the effects of COVID-19, Africa’s young creative industries remain ripe for investment opportunities. African music, film, and fashion continue to gain global popularity, with companies like Netflix and Universal Music Group expanding their presence…
The World: China becomes first economy to grow…
China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2 per cent expansion in the latest quarter after anti-virus lockdowns were lifted and factories and…
Business: SA business gives Mboweni’s zero-based budgeting thumbs…
Zero-based budgeting will be instrumental in curbing public debt, according to Business For South Africa. The organisation, which represents a vast majority of business organisations in the country, on Friday released a 12-point economic recovery…
Nigeria: Buhari bars VIPs’ aides from airport terminals
The President, Major General Muhammadu Buhari (retd.), has given an approval to the Federal Ministry of Aviation to stop all aides of public office holders and other very important personalities from gaining entry into airport…
African nations reopening airspace despite rising COVID-19 cases
As COVID-19 cases surged in many parts of the world, the island nation of the Seychelles was looking good: 70-plus straight days without a single infection. Then the planes arrived. Two chartered Air Seychelles flights…
Business: IMF says South Africa loan talks occurring…
The International Monetary Fund's discussions with South Africa over a $4.2 billion loan to support its fight against the coronavirus pandemic are taking place at a "measured pace" because the country's deep and liquid capital…
Business: Junior miners fight for survival in COVID-19…
While the mining industry overall was hard hit by the coronavirus pandemic, it is junior miners who sustained the heaviest blows - with some fighting to survive as their viability is threatened. The mining sector…
Business: Kenya Tops Angola as Sub-Saharan Africa’s No.…
Kenya surpassed Angola as sub-Saharan Africa’s third-largest economy in dollar terms, according to International Monetary Fund estimates. Angola has contracted every year since 2016 as oil output declined, and the kwanza was devalued in 2019…
Thabi Leoka SA is in a precarious position-but…
There is a lot of talk about the role and the mandate of the SA Reserve Bank and emotions seem to rise when the economy is in a rut and solutions prove elusive. Critiques of…
News: Nigeria stands by AfDB president Akinwunmi Adesina
President of the African Development Bank AFDB Akinwunmi Adesina is in the news! A brewing crisis of succession at the Apex lending institution has put the highly reputed Nigerian former Agriculture minister in murky waters…
Business: Stock Exchanges in Ghana and Nigeria set…
The economy of Nigeria – the most populous country in Africa, with more than 200 million inhabitants – was transformed post-independence with the adoption of an International Monetary Fund (IMF) programme in 1986, which kick-started…
Business: Will Nigerians pay more for fuel as…
The federal government slashed the pump price of PMS when the price of crude fell at the global market with government officials saying that marked the end of fuel subsidy. Now that the price of…
Kenya: May inflation eases to 5.47% despite rising…
The country's year-on-year inflation rate eased to 5.47 per cent in May from 5.62 per cent in April, latest data by the Kenya National Bureau of Statistics (KNBS) indicate. This is despite a 0.63 per…
Business: Libya’s Economic Losses From Ports Blockade Reach…
The company added that these losses were a serious blow to the national economy. In January, the NOC announced an emergency due to its inability to ship oil from Libyan ports. According to the NOC,…
South African Airways aims to resume domestic flights…
South African Airways (SAA) aims to resume domestic flights between Johannesburg and Cape Town from mid-June, the cash-strapped airline said on Tuesday, as coronavirus lockdown restrictions ease. SAA, which is under a form of bankruptcy…
