The Nigerian Ports Authority(NPA), on Friday, said it generated a sum of N172.3billion in the first six months of 2022, out of which it remitted the sum of N78.496billion to …
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.
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Kerosene price increased by 98.76% in July, says NBS
The National Bureau of Statistics (NBS) Nigeria, says on a year-on-year basis, the average retail price per litre of Household Kerosene (HHK) increased by 98.76 percent in July 2022. This …
Blue Label Telecoms’ decision to buy Cell C has destroyed billions in shareholder value, but it has not deterred the company from pumping more money into the mobile operator. Blue …
Takealot Group CEO Mamongae Mahlare says the potential launch of an Amazon marketplace in South Africa in 2023 is a “compliment” to Takealot and its customers. In an interview with …
Spur Corporation’s revenue over the past year jumped by 33% to R2.3 billion, while sales at its franchise restaurants grew by 28% now slightly ahead of its 2019 pre-pandemic performance. …
South Africa expects Total Energies to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the …
Cairo Oils and Soap (COSG) suffered a net loss after tax of EGP 45.79 million in the first half (H1) of 2022, versus a loss of EGP 34.75 million in H1 2021, according to …
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Egypt’s central bank holds interest rates steady after a change of governor
The Monetary Policy Committee (MPC) decided, Thursday to keep the Central Bank of Egypt’s (CBE) interest rates unchanged for the second time in a row during the first meeting led …
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MDCsczone, DP World to build $80M logistics in Egypt
Main Development Company for Suez Canal Economic Zone (MDCsczone) has signed a contract with DP World, an Emirati multinational logistics company for the establishment of a new logistics zone with …
Kenya Revenue Authority (KRA) has been given the nod to enforce the collection of winnings or betting tax using agency notices, as they are income and subject to taxation. In …