The price of coffee at the auction rebounded in the latest sale on the back of quality beans that are now streaming in the market. The market report from the …
Economy
- EconomyEnergyINVESTMENTSouth Africa
South Africa’s DMRE signs an agreement with 13 renewable energy providers
The Department of Mineral Resources and Energy (DMRE) has signed agreements with 13 renewable energy providers under Bid Window 5 of the government’s Renewable Energy Independent Power Producers Procurement Programme …
- BusinessEconomyMobile Telecommunications Network (MTN)South AfricaTechnology
Advertising Regulatory Board accuses MTN for misleading advertisement on limited-stock specials
The Advertising Regulatory Board has ruled against MTN regarding a complaint about misleading advertising for the Xiaomi Redmi Note 11 smartphone. Complainant Dianne Barnard upgraded two of her contracts telephonically, …
- BusinessEconomyNigeriaOil & Gas
State Security Service gives NNPC and marketers 48 hours to resolve the ongoing fuel scarcity
The State Security Service has issued a 48-hour ultimatum to the Nigerian National Petroleum Company Limited and fuel marketers to resolve the ongoing petroleum scarcity in the country. The secret police, …
In an attempt to revive the dwindling breakfast culture in Nigeria, dairy products maker, FrieslandCampina WAMCO Nigeria Plc recently launched its breakfast campaign in Lagos. In a release, the Senior …
- BusinessEconomyKenya NewsTechnologyTransportation & Logisitics
CFAO Motors Kenya Opens central parts outlet for it’s Winpart division
Motor vehicle distributor, CFAO Motors Kenya has opened a central parts outlet for its Winpart division, as it seeks to expand product offering and services by distributing original vehicle maintenance …
Naivas Supermarket will open three new branches before Christmas, pushing its total stores to 91 countrywide. The retailers will open Naivas Foodmarket Ojijo in Parklands (tomorrow), Naivas Nairobi West (December …
- BusinessEconomyEntrepreneurshipMarketsNigeria
Famous Maiduguri fish market returns to business despite the challenges
Business activities have fully resumed at the famous Baga Fish Market, Maiduguri, an indication that life is steadily returning to normal after more than a decade-old insurgency halted many business …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
China accounts for 66% debt-service payments by Nigeria, other IDA countries in 2022
China is expected to account for 66 percent of the debt-service payments International Development Association (IDA) countries will be making on their official bilateral debt in 2022, the world bank …
- BusinessEconomyMoroccoOil & Gas
Israel’s NewMed Energy Sign Deal with morocco for Offshore Gas Exploration in Boujdour
Israel’s NewMed Energy has signed agreements with Morocco’s National Office of Hydrocarbons and Mines (ONHYM) and Adarco Energy for the exploration and production of offshore gas and oil in the …