Massmart, the embattled owner of Game and Makro, expects its headline loss to increase by at least 51% for the 26 weeks to end-June, to a possible loss of R974 …
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.
- Banking, Finance & InvestmentEastern AfricaEconomy
KCB Announced Plans To Acquire A Majority Stake In DRC-based TMB Bank
KCB Group has announced plans to acquire a majority stake in a DRC-based TMB Bank marking its entry into the country with a population of over 93 million people. The …
The Capital Markets Authority (CMA) has questioned the chief executive and finance director of listed food producer Kakuzi over allegations of shifting profits abroad and conflict of interest by its …
- AfricaAgricultureBusinessFood ProductionNewsNigeriaWestern Africa
Federal Government of Nigeria sets up Committee to boost Cocoa production
The Federal Government of Nigeria, on Tuesday, launched the National Cocoa Management Committee (NCMC), to tackle some of the challenges in the cocoa sector. Speaking at the inauguration of the …
- BusinessSouthern AfricaTechnologyTelecommunications
Telkom under pressure as share prices falls by 3%
Telkom is facing pressure on its profit margins as share price falls by more than 3% on Tuesday morning after the company reported a revenue decline. In a trading statement, …
- BusinessEnergySouthern AfricaTechnologyTransportation & Logisitics
Demand in electric cars surges in South Africa as petrol price rockets
Potential car buyers in South Africa are increasingly interested in buying second-hand electric vehicles (EVs) according to Data from South African vehicle classifieds website AutoTrader . That is despite the …
- Global NewsMasters/ PostgraduateScholarshipsUndergraduate
University of Gloucestershire, UK to offer MSc by Research Studentships
The University of Gloucestershire has established the MSc by Research Studentships in the UK. The applicants must apply for a master’s degree programme in an eligible field of study to be …
SARS, South African Revenue Service amidst the nationwide strike announced on Tuesday that it was able to open all 23 of its customs offices and reduce the number of closed …
Wema Bank Plc said its gross earnings rose by 50 per cent N39.82bn in the first half of 2021 to N59.59bn in the corresponding period of 2022. This information is …
- AfricaBusinessFinance & ServicesNewsNigeriaTechnologyWestern Africa
Bank of Ghana probes Flutterwaves’ operations
The Bank of Ghana (BoG) is conducting a review on the activities of Flutterwave in the country. This is coming after the Central Bank of Kenya ordered banks and microfinance …