Amazon.com Inc. shares fell on Tuesday, with the e-commerce and cloud-computing company closing below $1 trillion in market value for the first time since the early days of the Covid-19 …
Radarr Africa
- AmazonBusinessMarketsSouth AfricaTechnology
- AmazonBusinessEconomySouth Africa
Elon Musk announces $8 monthly charges for twitter verification badge
Elon Musk said the premium version of Twitter, called Blue, will cost $8 (R145) a month and will include a verified check mark for paying users’ accounts. Musk, who acquired …
- AmazonBusinessEconomyINVESTMENTSouth AfricaTransportation & LogisiticsUBER
Uber witnesses consumer retreat despite inflation
Shares of Uber rocketed higher Tuesday after it reported a surge in quarterly revenue and described consumer demand as remaining robust. The ride-hailing service scored a 72 percent jump in …
Flour Mills of Nigeria Plc has said its unaudited financial statement for half-year 2023 shows strong revenue growth across business segments, despite the challenging macroeconomic environment. A statement by the …
- Banking, Finance & InvestmentEconomyEnergySouth AfricaSouthern Africa
South Africa’s growth rate would expand if it moves away from coal
South Africa could achieve higher economic growth if it moves away from coal and adopts renewable energy sources, a report by the World Bank shows. The Country Climate and Development …
- Banking, Finance & InvestmentBusinessEconomyMarketsNigeria
EFCC raids Bureau de change operators in Abuja as Naira falls rapidly
Operatives of the economic and financial crimes commission raided the offices of black market currency dealers in Abuja on Tuesday in a bid to halt the rapid fall of the naira. …
Elon Musk consolidated his control of Twitter Inc. on Monday after the entire board was dismissed. Musk, 51, completed his purchase of Twitter last week for $44 billion and immediately …
- BusinessMobile Telecommunications Network (MTN)Southern AfricaTelecommunicationsWestern Africa
MTN asks Nigeria to lift block on tariff hikes
MTN Group Ltd. asked the Nigerian government to reverse a directive cancelling an increase in telecom tariffs implemented by operators last month, citing rising costs in the industry. The local …
- BusinessEconomyNigeriaTransportation & Logisitics
Nigeria produces 650,000 international passports booklets in 2022
The Federal Government has said that 650, 000 international passport booklets were produced in 2022. This is 100,000 fewer than 750, 000 applications within the year. The Minister of Interior, …
- BusinessCryptocurrencySouthern Africa
Pick n Pay rolls out Bitcoin payments across stores in South Africa
Pick n Pay has expanded its Bitcoin payments trial to 39 stores across South Africa’s major cities, the retailer has announced. It plans to roll out to all its stores …