Business policy news from Africa: regulation, tax, trade rules and government decisions that affect companies and investors.
The Lagos State Government has restated its strong dedication to backing Small and Medium Enterprises (SMEs), highlighting their vital role in stimulating economic growth and generating employment opportunities. Governor Babajide …
Guinness Nigeria has rejected rumours of leaving the Nigerian market, confirming that business operations will proceed without interruption. This announcement follows speculation fueled by reports of other multinational companies exiting …
The Nigerian Civil Aviation Authority (NCAA) has introduced severe penalties for airline owners and operators who enter restricted areas without permission. This initiative aims to improve airspace safety and enforce …
MultiChoice, Africa’s leading entertainment company, has announced an 18% decrease in DStv subscribers in Nigeria, citing the decline as a result of the country’s persistent economic difficulties. This notable decrease …
The federal government of Nigeria has signed a $1 billion agreement for the development of five new power plants in the country to tackle the energy shortage. The deal, completed …
South Africa’s economy is reeling from the impact of a series of misguided policies, which analysts say have led to a significant contraction in economic activity. The consequences of these …
The Central Bank of Nigeria (CBN) has revealed a thorough evaluation of banks’ recapitalization strategies to enhance the financial stability and durability of the nation’s banking industry. This effort is …
OpenAI’s latest release of ChatGPT has once again thrust artificial intelligence into the spotlight, offering both a testament to technological advancement and a cautionary tale about the dangers of AI …
Google’s latest innovation in artificial intelligence, an advanced AI-driven search feature, has left publishers worldwide grappling with significant disruptions to their traditional traffic and revenue streams. The new AI search, …
In a stunning revelation, Toyota and several other prominent Japanese automakers have been engulfed in a scandal that has sent shockwaves through the automotive industry. Allegations of widespread misconduct and …
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