Some sectors of the Nigerian economy, like the marine and blue economy, entertainment and arts, and hospitality, are expected to benefit from the ongoing recapitalisation of banks. This was made …
Economy
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesInnovationTechnology
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AfricaBusinessEconomyManufacturing & Consumer GoodsMarketsSouth Africa
MR.DIY Opens First South African Store at Menlyn Mall, Pretoria
Malaysia’s largest home improvement retailer, MR.DIY, has officially entered the South African market with the opening of its flagship store at Menlyn Mall in Pretoria. The new outlet, which opened …
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Build One South Africa (BOSA), the political party led by former Democratic Alliance (DA) leader Mmusi Maimane, has officially tabled its first piece of legislation – the Fair Pay Bill …
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Banking, Finance & InvestmentBusinessDevelopmentEconomyFinance & Services
PremiumTrust Bank Opens New Branch in Osogbo to Expand Services and Support Economic Growth
PremiumTrust Bank, a leading commercial bank in Nigeria, has opened a new branch in Osogbo, the capital of Osun State. The bank made this announcement in a statement on Thursday. …
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Banking, Finance & InvestmentEconomyEnergyGOVERNMENTInfrastructureInternational RelationsOil & Gas
Uganda Eyes 7% Economic Growth in 2025 as Oil Production Begins
Uganda’s Finance Minister, Matia Kasaija, says the country’s economy is expected to grow by at least 7% in the fiscal year starting July 2025. This optimistic projection comes at a …
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EconomyInternational RelationsPoliciesTrade and Commerce
US Warns Zimbabwe May Miss Tariff Relief Deadline Amid Trade Talks Delays
HARARE, ZIMBABWE — Hopes for Zimbabwe to secure lower tariffs on its exports to the United States could be dashed due to time constraints, despite a temporary suspension granted by …
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BusinessEconomyGOVERNMENTPolicies
IMF Demands Fiscal Discipline and Forex Reforms as Zimbabwe Pushes for Economic Recovery
HARARE, ZIMBABWE — The International Monetary Fund (IMF) is pressing Zimbabwe’s government to take bold and sustained steps to fix its economy. The global lender wants the country to show …
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BusinessDevelopmentEconomyEnergyInfrastructureINVESTMENTPoliciesTrade and Commerce
Zimbabwe to Ban Export of Lithium Concentrate by 2027
HARARE, ZIMBABWE – The government of Zimbabwe has announced that it will stop all exports of lithium concentrate starting January 2027. This is part of its broader plan to boost …
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AgricultureAviationDevelopmentEconomyInfrastructureTransportation & Logisitics
Ethiopian Airlines Dominates Africa’s Air Cargo Market With 35% Share
Ethiopian Airlines has emerged as the biggest cargo carrier on the African continent, now controlling a whopping 35 percent of the cargo market, according to a new report from the …
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EconomyEnergyFinance & ServicesInfrastructureKenyaSafaricomTelecommunications
Kenya Targets Safaricom and KPC to Fund Sh4.24 Trillion 2025/26 Budget
Kenya is gearing up to tap its biggest publicly listed companies, Safaricom and the government‑owned Kenya Pipeline Company (KPC), to fund its Sh4.24 trillion budget for the 2025/26 financial year, Finance …