National carrier Kenya Airways has trimmed its half-year loss to Sh9.9billion from a Sh11.5billion loss posted in the same period last year attributed to increased revenues. The Group’s total revenue …
August 24, 2022
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern AfricaZenith Bank
Zenith Bank posts double digit growth in H1 2022
In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank PLC has announced its audited results for the half-year ended June 30, 2022. …
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BusinessGlobal NewsNewsProduct ReviewSpotlightTechnology
LG Electronics tops US ranking for best ranges
LG Electronics has ranked in first place in tests on gas and electric ranges. According to industry insiders on Wednesday, LG Electronics’ gas range topped a performance test conducted by …
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DRDGold on Wednesday reported a 22% fall in profit for the year which ended June 30 mainly due to surging costs. DRDGold’s headline earnings per share (HEPS), South African companies’ …
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Global NewsInformation & TechnologySpotlightTrending Today
Elon Musk ordered by court to handover potential investor’s information in Twitter deal case.
Elon Musk was ordered to hand over information about potential investors in the $44 billion buyout of Twitter Inc. he is seeking to cancel, in a win for the social …
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AfricaBusinessCOVID-19Global NewsNewsWestern Africa
Video Conferencing: Zoom’s growth slides further in post-pandemic
Zoom, a video conferencing platform is seeing slower growth after its initial pandemic-induced boom, with a year-on-year increase of 8 per cent to just under 1.1 billion dollars in the …
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Global NewsSpotlightTechnologyTrending Today
Facebook experiences strange bug on news feed which sends spamming posts on celebrity pages
Facebook is experiencing a strange bug allowing users to spam others’ news feeds with bizarre content by posting them to celebrity pages and other widely-followed accounts. The platform’s algorithm appears …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessNewsNigeriaSpotlightWestern Africa
SheVentures resumes 90 days zero-interest loans to women-owned SMEs
SheVentures has resumed the disbursement of 90-day zero-interest loans of up to N5million to women-owned Small to Medium Enterprises (SMEs) across Nigeria. SheVentures is the unique proposition in support of …
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BuildingKenyaReal Estate
Competition Authority of Kenya Approves Maanzoni Lodge’s acquisition of 680 hotel
The Competition Authority of Kenya (CAK) has approved the acquisition of Mayhouse Limited, the company that owns 680 hotel, by Maanzoni Lodge Limited. The acquisition comes at a time the …
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AfricaAFRICA NEWSBusinessMobile Telecommunications Network (MTN)NewsNigeriaSpotlightTechnologyTelecommunicationsWestern Africa
5G Rollout: MTN opens the portal for 5G router pre-order
MTN and Mafab Communications, in December 2021, won the 3.5GHz Spectrum band for the 5G license and the Nigerian Communications Commission (NCC) had given both operators up till August 24, …