Oceana, South Africa’s Fishing group will be selling its commercial cold storage (CCS) business to a consortium of investors in a R760 million deal, a transaction that it says will …
Kenyan firms in the export business are facing new pricing pressure as their products continued to lose a competitive edge over increasing costs of production. The latest pain point for …
The value of Safaricom at the Nairobi bourse has dipped below the Sh1 trillion mark on foreign investors’ flight in the wake of rate hikes in the US. The telco …
South African retailer Massmart said on Wednesday that it had begun staff consultations about closing its Game stores in East and West Africa, after efforts to find domestic buyers for the stores failed. Massmart Chief Executive Officer …
Kenya Power is targeting to increase the number of postpaid customers reading their own meters in a bid to address billing complaints. The energy utility firm intends to increase the …
Egypt and Greece on Monday rejected the signing of the unity government in Libya, based on two memoranda of understanding formulated by Turkey in the field of hydrocarbon resources to …
The World Bank has approved a $400 million loan to Egypt to develop a railway bypass for freight trains that will help improve and decarbonise the country’s transportation and logistics sector, the …
Geregu Power, an electricity generation company has announced that it will be listing 2.5 billion ordinary shares of 50 kobo each at a share price of N100 per share on the Nigerian Exchange. Geregu …
To consolidate its efforts in tackling the housing deficit in the country, Nigeria’s property development company, Sterling Homes has launched two new housing projects named GEMS Court and The Duchess …
Extreme weather patterns as a result of global climate change may drastically affect coffee production in the country this year. According to experts, the patterns, ranging from Inadequate rainfall to …