The Federal Government of Nigeria is focusing on improving the country’s competitive index in the global market following the establishment of six technology centres across the country, according to Mr …
Wealthy households and firms have lost Sh145.39 billion in tax benefits after the taxman cut back on incentives in the five years to 2021, new Treasury data has shown. These …
South African retail giant Massmart, which operates the Game Stores, plans to shut down its three outlets in Kenya, after rival supermarkets snubbed sale offers, giving a new dimension to …
Kenya Airways (KQ) has said that its’ aircraft leasing agreements have saved it billions of shillings in maintenance and operations costs. The national carrier said in a statement that leasing contracts …
The World Bank has backed a push for countries like Kenya, which have been unable to borrow from international loan markets due to high-interest rates, to restructure their debts. The …
Morocco’s trade deficit continued to surge at the end of August 2022, reaching its highest level in over three decades at MAD 77 billion ($7 billion), due to rising energy …
Access Holdings Plc, trading as Access Corporation, on Tuesday announced its planned acquisition of majority equity stake in Angola-based Finibanco S.A by Access Bank Plc. Sunday Ekwochi, Company Secretary of …
Elon Musk is offering to proceed with his purchase of Twitter at its original price of $54.20 per share. In a letter to the firm, Mr Musk agreed to pay the price he offered …
The Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax of N674bn. The Group Chief Executive Officer of NNPC, Mele Kyari, in Abuja said the NNPC …
Remittances from Morocco’s diaspora reached more than MAD 71.42 billion ($7.5 billion) in the first eight months of 2022. According to Morocco’s Foreign Exchange Office’s recent data, the number represents an …