The African Development Bank (AFDB) and Morocco’s government signed two loan agreements to support cereal production and social protection in the North African country. The first agreement concerns an estimated …
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- AirtelBusinessMobile Telecommunications Network (MTN)NigeriaSpotlightTelecommunications
FIRS briefs MTN, Airtel and commercial banks on the collection of VAT
The Federal Inland Revenue Service (FIRS) has appointed telecommunications giants, MTN and Airtel, as well as commercial banks or deposit money banks in Nigeria to withhold Value Added Tax (VAT) …
- Banking, Finance & InvestmentBusinessEconomySouth Africa
Bank Zero announces launch of cash deposits, announces 2023 fees
Bank Zero has launched cash deposits at Shoprite and Pick n Pay — a feature it prioritized due to customer demand. “Customers can deposit at any PnP or Shoprite till-point,” …
- BusinessGlobal NewsInformation & TechnologySouth Africa
Elon Musk reports an increase in Twitter usage by 20%
Elon Musk, the billionaire owner of Twitter Inc., said that usage on the social media platform is “at an all-time high,” without providing evidence or explaining how he defines usage. …
- AirtelBusinessEconomyINVESTMENTMarketsNigeria
Stock investors lose N3.28tn on their investment in three months
Stock market investors on the floor of the Nigerian Exchange Limited lost N3.28tn of their investment between August 1 and October 31, 2022. The trading activities, which began with a …
The Federal Government has said Nigeria will require $1.9trn or N834trn to attain net zero by 2060 as part of its support to the global fight against climate change and …
- AgricultureBusinessEconomyFinance & ServicesNigeria
OCP increases Nigeria’s fertilizer production with establishment of 120MT/h plant in Kaduna state
OCP Africa has increased Nigeria’s fertilizer production and output with the establishment of a 120 metric tones per hour fertilizer blending plant in Kaduna State. It said the facility had …
MultiChoice has issued a trading statement warning shareholders that it expects to report a net loss in its interim financial results on Thursday. Last year the company announced earnings per …
Finance Minister Enoch Godongwana and Public Enterprises Minister Pravin Gordhan met with World Bank president David Malpass on Saturday to finalise funding to convert the recently decommissioned Komati coal power station …
- BusinessGlobal NewsInformation TechnologyTechnology
Jack Dorsey announces regrets over Twitter’s Rapid Growth
Former Twitter CEO Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk. Musk on Thursday and …