Beginning june 3, Swvl an Egyptian ride-hailing service says it will suspend the daily intra city rides in Kenya citing the global economic downturn. The firm which has operated since …
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.
Kenya’s inflation rose to a new two-year record of 7.1 per cent in May as the cost of food and beverages continues to rise sharply partly affected by the war …
SeamlessHR hosted its partners in Nairobi, Kenya announcing a $10 million funding round in January. The company is ambitiously building to become Africa’s first billion-dollar SaaS Company and is moving …
- 9mobileTechnologyTelecommunicationsWestern Africa
9mobile sets to launch ‘The Hack’ to groom entrepreneurs
Leading telecommunications company, 9mobile is set to hold the first edition of its mentorship program, ‘The Hack’. The Hack is a platform created to support and promote entrepreneurs in the …
- Banking, Finance & InvestmentWestern Africa
FCMB partners with PresspayNg to provide education for 1.5 million undergraduates
To develop a digital platform for young Nigerians to fund their tertiary education fees through target savings, scholarships, loans and crowdfunding, FCMB has partnered with PressPayNg The goal of the …
- EconomyWestern Africa
FIRS commences recovery of states and Local government’s unremitted tax deductions
The FIRS says it is ready to recover unremitted tax deductions detained in the coffers of some states and local governments. Federal Inland Revenue Service (FIRS) said it will consequently advise …
- Banking, Finance & InvestmentUncategorizedWestern AfricaZenith Bank
Police Seals Zenith Bank Branches In Owerri Imo
All the branches of Zenith Bank in Owerri in Imo State have been sealed by policemen, following a court judgment against the bank. The development which rendered staff members and …
American actor, producer and musician John Depp, on February 3, 2015 married Amber Heard becoming officially Mr. and Mrs. Depp with a civil ceremony at their Los Angeles mansion. Several …
- Banking, Finance & InvestmentEconomyINVESTMENTWestern Africa
IMF predicts; Nigerian will spend 100% of revenue servicing debt by 2026
The IMF (International Monetary Funds) has warned that debt servicing may gulp 100 per cent of the Federal Government’s revenue by 2026 if the government fails to implement adequate measures …
Former MTN SA CEO Godfrey Motsa is back in corporate SA Six months after he stepped down and is joining the insurance industry. Telesure Investment Holdings (TIH) has appointed Godfrey …