The Advertising Regulatory Board (ARB) has found Bolt’s claim that drivers can “earn around R30,000 per month” misleading and in contravention of the Code of Advertising Practice. Bolt isn’t a …
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- BusinessSpotlightTransportation & Logisitics
- Banking, Finance & InvestmentBusinessEconomyEthiopiaFinance & Services
Foreign banks granted same entry capital as local banks
Foreign banks willing to join the Ethiopian banking sector independently will have to fulfill the same minimum threshold of paid up capital as local banks, officials at the National Bank …
- BusinessInformation TechnologySouthern AfricaTechnologyTelecommunications
Telkom plans to launch consumer 5G products
Telkom plans to launch its consumer 5G products on 17 November 2022, spokespeople for the company have told MyBroadband. The network operator commercially launched its 5G network last week in partnership …
- BusinessEconomyEthiopiaINVESTMENT
Ethiopia’s new investment hub anticipates expo to attract $400 million in FDI
Officials at Debre Birhan are eyeing almost USD 400 million in foreign direct investment (FDI) as they edge closer to organize the first regional international expo in the city, which …
- BusinessEastern AfricaINVESTMENTReal Estate
VAAL Real Estate Unveils it’s 5th Housing Project In Nairobi
Pan-African real estate firm VAAL Real Estate has unveiled its 5th development project targeting home-owners as well as businesses in Nairobi. The Symphony Residence will be located at Lavington, consisting of …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesMorocco
Moroccan Dirham edges by 1.6% Against Dollar and Drops 1% Against Euro
The Moroccan dirham appreciated by 1.62% against the US dollar and depreciated by 1.04% against the euro between 20 to 26 October, according to data from the country’s central bank, …
- Global NewsInformation & TechnologySpotlightTechnology
Elon Musk lays ground work for layoffs at Twitter
Elon Musk has begun laying the groundwork for a round of layoffs at Twitter days after taking ownership of the social media platform. The billionaire entrepreneur, who completed his $44 …
- BusinessEconomyMorocco
Morocco’s Economic Growth Drops to 1.8% at the end of the Third Quarter of 2022
Morocco’s economic growth is estimated to have reached 1.8% at the end of the third quarter of 2022, down from the 2% recorded the previous quarter. According to a report …
Kenya Revenue Authority (KRA) employees face sacking and possible prosecution in a fresh corruption fight at the Times Tower aimed at rooting out rogue officials for defrauding the exchequer hundreds …
A meeting was held among members of the South African intelligence and its American counterparts hours before the US embassy issued a statement warning of a possible terror attack in …