After a train carrying export coal to Richards Bay was derailed near Ulundi on Tuesday, Transnet said it would meet with traditional leaders in the area as it is extremely …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
- BusinessEconomySouth AfricaTransportation & Logisitics
- AgricultureBusinessEastern AfricaINVESTMENTManufacturing
Government partner with FFI to Establish a Green Fertilizer Plant in the country
The government has entered a partnership with Fortescue Future Industries (FFI) to establish a green fertilizer plant in the country in a bid to reduce reliance on imports. Under the …
Retail chain Carrefour will open its first Central Business District Branch (CBD) branch in Nairobi, seeking to compete with already established brands such as Naivas and Quickmart. The Majid Al …
- AirtelBusinessMarketsNigeriaTechnologyUncategorized
Jumai CEOs Sacha piognonnec and jeremy hodara step down as firm suffers losses
The founders and co-Chief Executive Officers of Jumia Technologies, Sacha Poignonnec and Jeremy Hodara, have both stepped down from their position with immediate effect. This is as the Africa-focused e-commerce …
- AgricultureBusinessEconomyMarketsMoroccoUncategorized
Moroccan Tomato Producers announces their plans to Double tomato Exports
The Moroccan Association of Fruit and Vegetable Exporting Producers (APEFEL) has announced its plans to double tomato exports amid the ongoing water scarcity crisis. The source added that the tomato exports …
- Uncategorized
Morocco and AfDB Sign Loan agreements to support cereal production and Social Protection
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 …
- 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 …