Pepkor, which owns brands such as PEP and Ackermans, managed to deliver a double-digit earnings increase even as the effects of the July 2021 unrest and KwaZulu-Natal flooding hit the …
- EconomyEnergyFinance & ServicesSouth Africa
South Africa talking with more countries to end reliance on coal
South Africa, having secured $8.5 billion (R146.83 billion) in climate finance from some of the world’s richest countries, is in talks with additional nations to help it cut reliance on …
- Banking, Finance & InvestmentBusinessEconomyEnergyMarketsNigeria
Subsidies of Petrol and electricity affecting poor Nigerians
The World Bank has said that subsidies benefit only rich households and reduce government spending on poor Nigerians. This was contained in a statement on the bank’s website announcing the …
- BusinessBusiness InsightsReal EstateTechnologyWestern Africa
Real estate Investors discuss the path to growth at the WAPI 2022 Summit
On the 16th and 17th of November 2022, The Real estate industry in Nigeria witnessed an insightful event that gathered high profile realtors, real estate practitioners, decision makers at both …
Amazon’s Alexa division faces significant job cuts after failing to turn the voice assistant into a money maker, Business Insider reports (the article requires a VPN to access from South Africa and …
Elon Musk laid off more Twitter Inc. workers from the sales side of the social network’s business beginning late on Sunday, further trimming a staff that had already been decimated …
- AgricultureBusinessEconomyMarketsMorocco
Morocco’s UM6P-Al Moutmir Program plans to Expand it’s offer to Over 25,000 Hectares
The UM6P-Al Moutmir direct seeding program plans to extend its offer to cover over 25,000 hectares for the 2022-2023 agricultural season in Morocco. The initiative is part of the program’s …
- BusinessFinance & ServicesManufacturing & Consumer GoodsMarketsMorocco
Nigerian Breweries to issue bonus shares to it’s shareholders
Heineken-backed Nigerian Breweries PLC will issue one new extra share to its shareholders for every four held by them, according to a regulatory filing seen by PREMIUM TIMES, its first bonus issue in …
- BusinessEntrepreneurshipFashion & StyleFinance & ServicesSouth Africa
Pepkor sales growth slows down due to the hit from KZN floods and unrest
Pepkor, which owns brands such as PEP and Ackermans, managed to deliver a double-digit earnings increase even as the effects of the July 2021 unrest and KwaZulu-Natal flooding hit the …
- AFRICA NEWSBusinessCryptocurrencyEconomyMarketsNigeria
Nigerians’ investment in Bitcoin increases by 5% in 2022
Nigerians’ investment in Bitcoin grew by over five per cent in 2022 despite the cryptocurrency losing $562.93bn of its market value in the same year. This year, 2022, has been …