South Africa’s financial regulator disclosed that due to the unregulated nature of cryptocurrency in South Africa, retrieving the alleged $3.6 billion Bitcoin fraud at Africrypt might be difficult. It added …
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.
The Naira extended its stay in the danger zone at the Investors and Exporters (I&E) window of the foreign exchange market on Thursday. At the session, the Nigerian currency further …
The National Bureau of Statistics (NBS) on Thursday said Nigeria’s debt profile hit N33.11 trillion in March 2021. In its breakdown, it noted that N12.47 trillion, representing 37.67 per cent …
New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the way the country’s largely unbanked citizens do business, industry players …
The World Bank Migration and Development Report for 2021 has reported an increase of 5 per cent to $3.6 billion in remittances flows to Ghana despite the lockdown in many …
Former President Goodluck Jonathan has been appointed as the Chancellor of Cavendish University Uganda (CUU), in Uganda. The university which was established about 13 years ago announced the appointment of …
The importance of Land Titles cannot be overemphasized. People who have taken it for granted have either lost a lot of money or found themselves embroiled in unnecessary litigation. Before …
- Business PoliciesWestern Africa
Twitter ban: Nigeria government restrains from prosecuting Twitter users
The move came about after Twitter wrote to the President “seeking to engage with the Federal Government over the suspension,” according to a statement on Tuesday. The team comprises some …
- Manufacturing & Consumer GoodsNestlePress Releases
Supreme Court Backs Nestle, Cargill in Child Slavery Suit
The Supreme Court sided with food giants Nestle and Cargill last Thursday and threw out a lawsuit that claimed they knowingly bought cocoa beans from farms in Africa that used …
The world’s top two cocoa producers Ivory Coast and Ghana yesterday threatened to name and shame top chocolate brands who they say are undermining a scheme aimed at paying cocoa …