JOHANNESBURG, South Africa – June 9, 2025: The South African rand opened the week on a quiet note, holding steady against the U.S. dollar in early trading on Monday. The …
ABUJA, Nigeria — Nigeria’s telecommunications industry has entered a new era with Vitel Wireless, the country’s first Mobile Virtual Network Operator (MVNO), completing full interconnectivity with all four major Mobile …
ABUJA, Nigeria — The Federal Government is set to partner with the Ministry of Humanitarian Affairs to roll out free and subsidised housing units for internally displaced persons (IDPs), widows, …
ABUJA, Nigeria — The Federal Government has said the removal of petrol subsidy by President Bola Ahmed Tinubu has ended a longstanding economic drain, saving Nigeria over $84 billion and …
Homebase Mortgage Bank has received a major financial injection of N3.5 billion from the Ministry of Finance Incorporated (MOFI) under the Real Estate Investment Fund On-Lending Facility (MREIF). The move …
Truck owners operating at Nigerian seaports have thrown their full support behind the Nigerian Ports Authority’s (NPA) electronic call-up system known as Eto, saying the platform has brought order to …
Nigeria’s electricity distribution companies, popularly known as DisCos, are once again in the spotlight as revenue shortfalls continue to haunt the sector. In the first quarter of 2025 alone, the …
South African financial services firm, Alexforbes, has declared a final and special dividend after winning the first phase of a legal battle involving a long-standing liability. The company, led by …
Chief Executive Officer of Business Leadership South Africa (BLSA), Busisiwe Mavuso, has said that South Africa’s economic future depends heavily on transformation and continuous reforms. She made this known in …
South Africa’s biggest bulk export port, Richards Bay, is now struggling to cope with heavy truck traffic due to the ongoing collapse of the country’s rail system. According to reports, …