The Manufacturers Association of Nigeria (MAN) has praised the Federal Government’s recent decision to waive the 7.5 percent Value Added Tax (VAT) on Automotive Gas Oil (AGO), commonly known as …
Manufacturing
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Business and EconomyManufacturingManufacturing & Consumer GoodsNigeriaTrending Today
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BusinessFinance & ServicesManufacturingSouth Africa
SA’s largest sugar producer gets money from IDC to complete it’s milling season
SA’s largest sugar producer, Tongaat Hulett, has received an undisclosed sum from the Industrial Development Corporation (IDC) to help it complete its milling season and do maintenance. Tongaat was place …
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Banking, Finance & InvestmentBusinessEconomyManufacturingNigeria
Nigeria manufacturing activity increases in November
Nigeria’s purchasing manager index (PMI), which assesses the overall health of the manufacturing sector including the direction it is headed, saw further improvement in November as demand for goods swelled and …
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EnergyInformation & TechnologyManufacturingSouth AfricaTelecommunications
Reunert witnesses R844 million increase in revenue and operating profit
Reunert has released its preliminary annual results, reporting increases in revenue and operating profit of 16% and 17%. It also saw a 10% overall increase in profit. Among Reunert’s interests …
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BusinessEconomyFinance & ServicesManufacturingNigeria
SON seeks industry support to reduce the influx of substandard products
The Director General of Standards Organization of Nigeria (SON), Mallam Farouk Salim, has called for collaboration between stakeholders in industrial and manufacturing business to collaborate with SON to reduce the …
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BusinessEconomyManufacturingMoroccoOil & Gas
Morocco Vows to Deliver Low-Cost Green Electricity to industries.
In a bid to offset soaring fossil fuel prices and meet decarbonization targets, Morocco has reiterated its vow to deliver low-cost green electricity to industries. “The government is working on …
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BusinessEconomyManufacturingMoroccoTechnology
Canadian Elcora and gold lion to Start mining manganese in Morocco
Elcora, a Canada-based mining company focused on extracting electric car (EV) batteries metals, announced on Tuesday that it is preparing a ‘comprehensive’ extraction plan for manganese under the “Atlas Fox …
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BusinessEconomyManufacturingMarketsSouth AfricaTechnology
Honor, Oppo, and Xiaomi launches a flagship handsets taking on Samsung in South Africa
While Samsung is the most dominant smartphone brand in South Africa, companies like Honor, Oppo, and Xiaomi have recently released flagship handsets they hope will help them compete with the …
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BusinessManufacturingMoroccoTechnology
Stellantis Invests €300 million in Kenitra Facility to Double local Production
Vehicle manufacturer Stellantis has announced an investment of over €300 million in its Kenitra manufacturing facility in a bid to double local production capacity to 400,000 vehicles and reach more …
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AgricultureBusinessEastern AfricaINVESTMENTManufacturing
Government partner with FFI to Establish a Green Fertilizer Plant in the country
The government has entered a partnership with Fortescue Future Industries (FFI) to establish a green fertilizer plant in the country in a bid to reduce reliance on imports. Under the …