Mali’s military government has intensified efforts to reclaim control over its gold industry, taking significant steps to assert sovereignty and reduce dependence on foreign operators. This move includes the temporary …
Economy
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Aero Contractors CEO Blames Multiple Taxation for Airline Struggles
The Chief Executive Officer of Aero Contractors, Captain Ado Sanusi, has blamed multiple taxation as the biggest challenge facing airlines in Nigeria, describing it as a major factor behind the …
- AfricaAFRICA NEWSBusiness PoliciesEconomyFinance & ServicesGOVERNMENTPoliciesUGANDA
Govt Warns Money Lenders Over High Interest Rates, Illegal Practices
Kampala, Uganda — The Government of Uganda has sounded a strong warning to money lenders operating illegally and charging exorbitant interest rates, saying such exploitative behaviour is worsening poverty and …
- Banking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesPoliciesZIMBABWE
RBZ Says ZWG Cash Supplies Are Adequate, But Citizens Say Otherwise
HARARE, Zimbabwe – The Reserve Bank of Zimbabwe (RBZ) insists that it has enough Zimbabwe Gold (ZWG) notes in circulation to meet the country’s economic demands, even as citizens across …
The Social Democratic Party (SDP) says it is building its grassroots support and preparing for a major political comeback in Ebonyi State and across Nigeria ahead of the 2027 general …
A Nigerian agro-allied company, Food Industrial Park Limited (FIPL), has signed a Memorandum of Understanding (MoU) with Best Engineering Technologies, a firm based in Hyderabad, India, to offtake essential oils …
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Buy Made in Nigeria Policy Violates AfCFTA Rules
The Nigeria Employers’ Consultative Association (NECA) has raised a strong alarm against the federal government’s “Buy Made in Nigeria Policy.” The policy, according to NECA, directly violates the protocols of …
- EconomyINVESTMENTMarketsReal EstateSouth Africa
South Africa Sees Rentals Reach Eight-Year High, Offering Relief to Landlords
Rentals across South Africa have risen to their highest level in eight years, bringing good news for landlords recovering from years of low or negative returns following the COVID-19 pandemic. …
- EconomyLabourPoliciesSouth Africa
BLSA CEO Busisiwe Mavuso Slams Transnet’s Wage Hikes Amid Economic Struggles
Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso has voiced strong criticism over Transnet’s recent wage increase deal, warning that it sends the wrong message to South African businesses already …
- EconomyEnergyInfrastructureINVESTMENTSouth Africa
Mulilo Renewable Energy: South Africa’s Rising Force in Clean Power and Battery Storage
Cape Town, South Africa — Just two years after securing a massive $200 million investment from Copenhagen Infrastructure Partners (CIP), a relatively little-known South African company, Mulilo Renewable Energy Ltd., …