A leading global Oil & Gas refining company, Maire Tecnimont Group has pledged to support Nigeria both in unlocking greater values by processing its natural resources and in developing circular economy …
- BusinessSpotlightTechnologyTransportation & LogisiticsTrending Today
FEDEX 757 freighter lands on the wrong runway.
The crew of a FedEx 757 freighter landed on the wrong runway. And the tower controller didn’t realize what happened until after the landing. The NTSB recently released its preliminary …
- BusinessSouthern AfricaTransportation & Logisitics
South Africa’s Air services Council cancels licenses and related route rights allocated to SA express
South Africa’s International Air Services Council has cancelled all licenses and related route rights currently allocated to regional state-owned airline SA Express (SAX) with immediate effect. The regional state-owned airline’s …
- Banking, Finance & InvestmentEastern AfricaEconomyINVESTMENTSanlamUncategorized
Sanlam Banks On Flexible Savings Solution To Enhance Insurance Penetration
Local non-bank financial services provider Sanlam Kenya has launched Flexi Hela, an innovative, flexible savings solution with a guaranteed return. The life savings product to be administered by Sanlam Life …
Netflix has partnered with Microsoft to launch a cheaper subscription plan that includes advertisements, the firms said Wednesday, as the streaming giant fights to attract customers. Netflix opted to develop …
- AfricaBanking, Finance & InvestmentBusinessNigeriaWestern Africa
Banks’ borrowings from CBN hit N595.34bn in two months
The Central Bank of Nigeria (CBN) through its Standing Lending Facility in two months, lent to commercial banks a total of N595.34 billion. The figure is captured in its recently …
Safaricom has restructured $400 million worth of short-term credit facilities into medium-term loans in a process that saw part of the debt converted into local currency to ease pressure on …
The Kenya Revenue Authority (KRA) has destroyed non-complaint beverages seized from the market worth Shs30 million and Shs3.4 million in taxes. The products, comprising of various brands of bottled water …
- BusinessSouthern AfricaSpotlightTechnology
South Africa asks Google to enforce stricter rules for online sellers as inquiry investigates
South Africa wants Google to change how it displays its search results and it is also proposing stricter rules for online sellers. This initiated by South Africa’s Competition Commission’s inquiry …
The Energy Petroleum and Regulatory Authority (EPRA) is set to review fuel prices in the wake of increased global inflation being experienced across the world hitting even the world’s largest …