African Business news

Business

The beleaguered poultry industry says it will only know what impact the new regulations that restrict the amount of brine allowed in frozen chicken pieces have had by the end of…
01.22 / 07:41
fin24.com
The main hall in the Cowbell headquarters at 3A & 3B Cowbell Way, Isolo Industrial Estate, played host to media men, scholars, government officials and other stakeholders as the search for the best students in mathematics amongst secondary schools in Nigeria  kicked off as the 2017 edition of Cowbellpedia Secondary School Mathematics TV Quiz show […] The post 2017 Cowbellpedia secondary school mathematics TV quiz show begins appeared first on The Nation …
01.22 / 01:50
thenationonlineng.net
The National Communication Commission [NCC] has regretted that only  one per cent of mobile subscribers patronise the Do Not Disturb[DND] service while the rest of the subscribers go about complaining of receiving unsolicited calls. “The agency would embark on massive education and awareness campaign to ensure that at least 50 per cent of subscribers in […] The post NCC laments low patronage of DND service appeared first on The Nation Ni…
01.22 / 01:49
thenationonlineng.net
The International Fund for Agricultural Development (IFAD) is set to host poverty and hunger by 2030 through greater investments in rural development and innovative financing for smallholder agriculture that benefits the rural poor on Wednesday, January, 25th, 2017. The event tagged: ‘Investing in Inclusive Rural Transformation: Innovative Approaches to Financing’ is being held in collaboration […] The post IFAD to host confab on financing for rural development appeared first on The N…
01.22 / 01:48
thenationonlineng.net
  Cotton Ginners Africa Limited (CGAL) has said it is working on modalities to boost its K1.3 billion tractor hire scheme project. This is a project which complements a similar government scheme that was boosted with 34 tractors by the Indian government last year. CGAL managing director Spencer Zinyemba responding to an e-mailed questionnaire…
01.21 / 06:39
mwnation.com
South African multinational Sasol is transforming rapidly, betting heavily on its chemicals division to reduce its dependency on the Rand oil price. The post Sasol back in takeover mode – even considering a move back into China appeared first on…
01.21 / 04:56
biznews.com
The curtains have been drawn and the World Economic Forum in Davos has come and gone. And for the last time Alec Hogg wraps things up. The post Davos Diary Day 5: It’s a wrap, unguided missiles & ‘polecattish’ reversed appeared first on BizNe…
01.21 / 04:16
biznews.com
HARARE,– CFI holdings reported a 56 percent decline in turnover to $29.3 million for the full year to September 30 from $66.6 million recorded in the same period in the prior year on the back of waning disposable incomes and inadequate working capital, the company said on Friday. Sales for the poultry, specialised and retail divisions fell by 66…
01.20 / 23:31
thezimbabwedaily.com
Ngozi Okonjo-Iweala, two-time minister of finance in Nigeria, says Donald Trump will give Africa the chance to shape its own destiny. Speaking in an interview with BBC on the sidelinesThe post Okonjo-Iweala: Trump will let Africa shape its own destiny appeared first on…
01.20 / 22:00
thecable.ng
Exclusively a South African gold producer until September 2015, JSE-listed Sibanye Gold is set to become the world’s fourth-biggest platinum and third-largest palladium producer. Sibanye hopes to acquire Montana-based Stillwater Mining for $2.2 billion. If completed, the acquisition will further dilute Sibanye’s portfolio. Sibanye began its expansion in 2016 with the purchase of platinum mines in Southern Africa. The Stillwater deal is in a whole other league. It's much more valuable and in…
01.20 / 20:00
afkinsider.com
GOVERNOR of the Central Bank of Nigeria, CBN, Godwin Emefiele, has debunked the insinuations in some quarters that policies of the government … The post We Act in the Best Interest of Nigerians – Emefiele appeared first on Realnews Mag…
01.20 / 19:22
realnewsmagazine.net
Everyone around the world is watching what was unthinkable this time last year, actually become a reality today. So far, the reaction on the markets has been fairly muted andThe post Markets react to Trump Inauguration appeared first on…
01.20 / 18:55
thecable.ng
The Bank of Industry (BOI) has launched a billion naira fund for the development of solar energy in Nigeria. Speaking at the launch on Friday, Waheed Olagunju, BOI acting managingThe post BOI unveils N1bn solar energy fund to ‘light up Nigeria’ appeared first on…
01.20 / 17:54
thecable.ng
Nigeria should be witnessing major investment into its commercial property industry, given its large economy relative to the rest of the continent, its population, which is more than 184 million people and its general development potential. Yet its reliance on oil and its volatile currency had hindered investment. South African investment groups invested in Eastern Europe at the expense of opportunities closer to home, to the tune of around $1.5 billion in 2016. This was more than the…
01.20 / 17:39
afkinsider.com
Growth accelerations in African countries have been short-lived. That might be about to change. ShutterstockAs we know, growth…
On Wednesday, a United States Attorney, Preet Bharara filed a suit in Manhattan against multinational bank, JPMorgan Chase & Co, after over 53,000 African-American and Hispanic borrowers were charged more for home loans than white... The post JPMorgan to pay $55 million in racial discrimination suit appeared first on Ventures…
01.20 / 15:38
ventures-africa.com
Welspun India, textile manufacturing company from India, is interested to invest and join Ethiopia’s textile industry. Such was disclosed by the company’s chairman, B. K. Goenka after he held... [[ This is a content summary only. Visit our website for full links, other content, and more! ]] …
01.20 / 15:35
2merkato.com
Court papers filed by the Gupta family today in which they indicate what they own provides pointers on how they amassed their wealth. The post Revealed: Inside Gupta empire – what they say they own, how they grew their wealth appeared first on…
01.20 / 15:26
biznews.com
MISA-Zimbabwe welcomes the government’s decision to suspend the exorbitant increase in mobile network voice and data charges through the setting of floor tariffs following a public outcry. The post Government suspends proposed floor tariffs appeared first on The Z…
01.20 / 14:41
thezimbabwean.co
NAIROBI, Kenya, Jan 20 – Safaricom added 669,594 new mobile subscribers pushing the operator’s market share to a multi-year high of 68.9 percent. The 2016 Q3 numbers released by the Communications Authority of Kenya, however, show the number of mobile phone subscribers went down by 3 percent on account of alignment of reporting by Orange to … Continue reading "Safaricom adds over 650,000 mobile users in Q3 20…
01.20 / 14:36
capitalfm.co.ke