The board of Shelter Afrique has appointed Thierno-Habib Hann as the new chief executive to succeed MR Andrew Chimphondah who quit suddenly in February. Mr Hann currently serves as the …
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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PoS transactions in Nigeria rise N1.05trn in 7 months
The Nigeria Inter-Bank Settlement Systems (NIBSS) has said that transactions done on the Point of Sales (PoS) terminals across Nigeria rose by N1.05 trillion from N3.56 trillion in the first seven …
The stock market recorded limited movement on Monday after closing trading before Deputy President William Ruto was declared the winner of the presidential elections amid chaotic scenes and rejection of …
The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430. The figure represented a decrease of 0.09 per cent compared with the N429.62 …
- BusinessSouthern AfricaTechnology
French pay-TV giant raises speculations of a new deal with Multichoice
French media company Canal+ continues to increase its stake in MultiChoice by buying shares on the open market, raising speculation that a deal may be coming. Canal+ is the pay-TV …
The Spur Corporation has managed to achieve a strong performance for the year, despite the impact of tough economic conditions on consumers. In its trading update for the year ended …
Despite investing heavily in growing its mobile subscriber base, Telkom has been losing market share against Vodacom and MTN over the last five years. In the nineties and early 2000s, …
Absa reported its “strongest half yet” in the six months to June 2022. The bank, which has been trying to claw back market share it lost under Barclays’ rule, posted …
LG is planning to launch its smallest-ever consumer OLED panel measuring just 20 inches by the end of 2022. That was the word from LG Display vice president Kang Won-seok …
- AfricaAFRICA NEWSAgricultureBusinessSouth AfricaSouthern AfricaTechnology
South African agritech startup, Homefarm, secures $100k seed round
A South African agritech startup, Homefarm, has announced securing R1.7m (approximately $100,000) in a seed funding round. PixelBlue, the parent company of Homefarm, disclosed the raiser in a media release …