Eskom has revealed that a section of the Kusile unit 1 flue gas duct has failed and could remain offline for months. The power utility explained that the duct is …
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- BusinessEnergyOil & GasSouthern AfricaTechnology
- Global NewsInformation & TechnologySpotlightTechnology
Elon Musk makes plans to install the edit button as free on Twitter
Elon Musk, Twitter’s new boss plans to make the ability to edit tweets free for all its users, Platformer’s Casey Newton reports. Newton has learnt that this is one of the …
Four South African labor unions took a step toward joining a strike over the government’s refusal to raise their pay by more than 3%. The unions, whose members include employees …
- AFRICA NEWSBusinessEconomyEnergyNigeria
Power generation on the national grid increases by 4,864MW in 48 hours
Power generation on the national grid increased by 834.8 megawatts between Monday and Wednesday morning, hitting a high of 4,863.7MW at 6am on Wednesday. Data obtained from the Abuja headquarters …
Glencore officials delivers cash in private jets to officials across Africa, UK prosecutors said as they laid out a web of bribery and corruption orchestrated by the London oil trading …
- BusinessEconomyFinance & ServicesKenya News
KEPSA launches a strategy For The Implementation Of Business Climate Change Solutions
The Kenya Private Sector Alliance (KEPSA) has launched a strategy that aims to promote coordinated and inclusive business climate change solutions across the sector. The Kenya Private Sector Strategy On …
Power outages have been reported in Nairobi, Mt Kenya and Coast areas, affecting thousands of businesses. A spot-check by Capital Business revealed that building in Nairobi Town were out of power, forcing businesses …
- Banking, Finance & InvestmentBusinessEconomyMoroccoNorth Africa
Standard Bank Plans to expand into Morocco and North Africa
Johannesburg-based Standard Bank has announced its plans to expand into North Africa, particularly in Morocco and Egypt. Africa’s largest lender by assets plans to enter the continent’s biggest economies to …
- BusinessEconomyMoroccoTransportation & Logisitics
Morocco’s Customs Imposes taxes on Gifts and Cash exceeding MAD 2,000
Recent news reports indicating that Morocco’s customs authorities (ADII) are adding a new round of tariffs on travelers bringing gifts and cash upon entering Morocco are “unfounded.” Speaking to Moroccan …
- AFRICA NEWSBanking, Finance & InvestmentBusinessEconomyGhanaMobile Telecommunications Network (MTN)
MTN Ghana to increase service revenue by a quarter
MTN’s Mobile Money (MoMo) service in Ghana is taking a hit from the introduction of a levy on electronic transfers which came into effect in May, with revenue from person-to-person …