Netflix is betting on boosting growth in Africa with mobile only subscription 1602216732043

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: Adcock Ingram revenues grow to R7.3bn by 4%

South African pharmaceutical conglomerate Adcock Ingram said on Wednesday its turnover rose four percent to R7.3 billion (US$434.1 million) in the yr to June no matter a prevalent monetary downturn, sizable cost-push due to weakness in the rand currency, global supply chain disruptions and declines in demand for some products. The organization said turnover was […]

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Angola can become the fourth largest economy in Africa

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 have a nominal GDP of USD 994 billion behind Nigeria, South Africa and Egypt, according to the ISS report. The […]

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Business: Telkom launches Yep! app to grow small businesses

As the tough economic environment continues to affect industries adversely, small businesses are hit the hardest. But Telkom Business has good news. Helping the growth of small businesses in SA that have been severely hit by the Covid-19 pandemic, Telkom Business has launched its latest innovation, Yep! on Google Play and Apple App store. Yep! […]

IMF

Business:The economy of Nigeria will contract by 3.4% in 2020 — IMF

The International Monetary Fund, IMF said that Nigeria’s economy will contract by 3.4% in 2020, but rebound with 2.4% growth in 2021. The IMF made this projection in its latest edition of the World Economic Outlook just released at the ongoing Spring Meeting in Washington. The International Monetary Fund (IMF) on Tuesday projected that Nigeria’s […]

African trade fair a ‘ forum for expanding export markets

The Department of Trade, Industry and Competition has invited companies to participate in the second Intra-African Trade Fair (IATF) set to take place in September in Rwanda’s capital, Kigali. The IATF provides a strategic platform to access an integrated African market of more than 1 billion people joined together by the African Continental Free Trade […]