President Bola Ahmed Tinubu has praised the Nigerian National Petroleum Company Limited (NNPC Ltd) and Sahara Group for their commitment to strengthening Africa’s role in the global clean energy market. …
Economy
- BusinessEconomyEnergyGovernment PolicyInfrastructureOil & Gas
- BusinessEconomyFinanceGovernment PolicyINVESTMENT
Naira Faces Weak Start but Experts Predict Stability Ahead
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
- BusinessDigital TransformationEconomyEnvironmentLabour & EmploymentTechnology
Glovo Marks 5 Years in Uganda with Shs 33bn Investment
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 …
- AFRICA NEWSAutomotiveBusinessEconomyInternational
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 …
- AfricaBusinessEconomyFinanceLawPolicy & Regulation
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 …
- EconomyFinancePublic HealthPublic PolicySouth AfricaTaxation
South Africans Urged to Take Note of Medical Tax Claims
As South Africans continue with the 2025 tax season, new details have emerged about how taxpayers can benefit from medical tax claims beyond the usual medical aid credits. Many citizens …
- 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 …
- AfricaBusinessEconomyINVESTMENTMiningNews
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 …
- 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 …