Glovo, the Spain-headquartered multi-category delivery platform, has celebrated its fifth anniversary in Uganda with the opening of a new office in Kampala, marking a Shs 33 billion investment that is …
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Dacia Sandero, Built in Morocco, Becomes Europe’s Best-Selling Car
The European automobile market has recorded a new development as the Dacia Sandero, a compact car produced mainly in Morocco, emerged as the best-selling car in Europe in 2024. Reports …
Ghana’s gold industry has entered a new phase of regulation as the Ghana Gold Board (GoldBod) officially began enforcing the mandatory use of GoldBod receipts for all transactions involving licensed …
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South Africa Court Rules Foreign Companies Can Be Punished for Local Market Misconduct
A landmark judgment in South Africa has made it clear that foreign companies and individuals can no longer assume they are safe from punishment simply because they are not physically …
- AfricaBusinessFinanceLeadershipTechnologyTelecommunications
MTN South Africa Appoints New CEO as Part of Major Leadership Changes
MTN Group has announced a fresh round of leadership restructuring, which will see a new Chief Executive Officer (CEO) take charge of MTN South Africa. The telecoms giant revealed the …
- AviationBusinessEconomyINVESTMENTSouth AfricaTransportation
Mango Airlines Faces Final Shutdown as Rescue Deal Collapses
Mango Airlines, South Africa’s low-cost carrier, is on the verge of shutting down for good after its last hope of survival collapsed. The investor expected to revive the struggling airline …
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Saudi Consortium Gets Approval to Acquire Barloworld in R23 Billion Deal
A consortium led by Saudi Arabia’s Zahid Group has received the green light from South Africa’s Competition Tribunal to acquire Barloworld in a deal worth R23 billion. The transaction, which …
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Standard Bank warns customers as AI-powered “spoofing” scams surge
Standard Bank has raised the alarm over a sharp rise in “spoofing” fraud, warning customers to be extra careful as criminals now use artificial intelligence tools to sound and look …
- AfricaBusinessCorporate AffairsEconomyINVESTMENTMining
Hilmax Returns Strong with New Investors, Sets Eyes on Expanding Zimbabwe’s Mining Sector
Hilmax Engineering, one of Zimbabwe’s leading engineering service providers to the mining industry, has staged a remarkable comeback after facing a serious survival battle last year. For more than a …
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Kirikiri Customs Records N89.2bn Revenue in Six Months
The Nigeria Customs Service (NCS) at the Kirikiri Lighter Terminal (KLT) in Lagos has announced that it collected N89.2bn as revenue between January and June 2025. The amount represents a …