Government securities and fixed deposits in banks offered Kenyan investors the highest returns in the first half of the year as listed shares took a beating in the wake of …
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 & InvestmentBusinessEconomyEntrepreneurship
- AirtelBusinessTelecommunicationsWestern Africa
Airtel Africa enables subsidiaries to make donations to political parties, candidates
Airtel Africa resolved at its Annual General Meeting (AGM) that itself and all its subsidiaries “be generally and unconditionally authorized” to give political donations to political parties or independent election …
- Eastern AfricaEconomyReal Estate
Supermarket Expansion Named As A Key Driver Of Property Market In Kenya
Increased expansion of supermarkets is a key driver of the growth of retail outlets and subsequently, the property market in Kenya, Knight Frank report has said highlighting store expansion activity …
The government of Kenya has placed 6th August 2022 as the deadline for importing maize by all those interested, while the recently announced tax waivers are still in place. Agriculture …
- BusinessSouthern AfricaTransportation & Logisitics
Mercedes-Benz SA to cut cars’ carbon footprints by over half
Local automotive subsidiary Mercedes-Benz South Africa (MBSA) has launched a photovoltaic (PV) technology pilot project at its East London plant. It says 360-kilowatt peak (KWp) solar panels were installed on …
Exxaro Resources, one of Eskom’s largest coal suppliers, is expecting the export price of coal to increase by almost 80% in the first half of the year. But poor rail …
Buyers of mobile phones face increased prices in a new duty slapped on the gadgets through changes to the laws taking effect Friday. The Finance Act 2022 has imposed a …
- BusinessEconomyEntrepreneurship
PIC indecision in RBPlat battle causing delays and investor uncertainty: Impala CEO
Impala Platinum said Africa’s biggest fund manager must make a decision over what to do with its Royal Bafokeng Platinum stake, which has become central to ending an eight-month takeover …
- BusinessSouthern Africa
Pick n Pay, Makro and other stores takes advantage of shift in shopping in South Africa
While this demand for physical shopping is out of lockstep with other parts of the world, major retailers including Pick n Pay, Mr. Price and Marko-owner Massmart plan to take advantage. …
- BusinessSouthern AfricaTransportation & Logisitics
Airlink CEO gives update on flying in South Africa right now.
While the grounding of airline company Comair, and subsequent closure has created a gap in domestic travel in South Africa, Airlink chief executive Rodger Foster argues that there was likely …