Turkish inflation jumped to a new 24-year high exceeding 83 percent in September, official data showed Monday, after the central bank cut interest rates despite surging prices. Turkey’s monetary policymakers …
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The British government has scrapped a proposed top rate tax cut of 45%, the country’s finance minister announced Monday. The decision to announce a major U-turn from the tax cut …
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AfricaBusinessGlobal NewsNewsTechnology
Google introduces new search features, set to roll out Multisearch in 70 languages
Google has announced the introduction of six new updates including Multisearch which would allow users effectively search out queries on its platform. This position was disclosed by Mr Taiwo Kola-Ogunlade, the Head, Communication, West …
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AfricaAFRICA NEWSGlobal NewsNewsSouth AfricaSouthern AfricaTechnology
Prosus terminates R85 billion deal to buy India’s BillDesk
Prosus, the consumer internet arm of Naspers, a South African multinational technology company, says its $4.7 billion (R84.8 billion) deal to buy Indian digital payments provider BillDesk has fallen through …
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AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
Major Oil Marketers hail NNPCL’s acquisition of OVH Energy
The Major Oil Marketers Association of Nigeria (MOMAN), an umbrella body of the largest downstream oil and gas companies in the country, has congratulated the Nigerian National Petroleum Company Limited …
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AfricaAFRICA NEWSAgricultureBusinessGhanaNewsWestern Africa
Ghana, Korea $8 million rice project kicks off in Assin North
The Ministry of Food and Agriculture (MoFA), in collaboration with the Korea International Cooperation Agency (KOICA) and the Assin North District Assembly, has introduced some agricultural equipment to boost rice …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyNewsNigeriaWestern Africa
Nigeria secures a $750m loan from World Bank
The World Bank has approved a $750 million International Development Association (IDA) credit to the Nigeria State Action on Business Enabling Reforms (SABER) Program-for-Results to help Nigeria accelerate the implementation …
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AfricaAFRICA NEWSBusinessMobile Telecommunications Network (MTN)NewsSouth AfricaSouthern Africa
MTN SA launches green energy programme
MTN South Africa has launched a request for proposal (RFP) which will see the MTN Headquarters becoming a completely “green” office. The operator, whose head office is located on the MTN …
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AfricaAFRICA NEWSBusinessNewsSouth AfricaSouthern AfricaTechnologyTelecommunications
Rain tables formal proposal for Telkom merger
South Africa’s data-only network provider Rain has tabled a formal nonbinding proposal to merge with mobile and fixed-line operator Telkom. Rain’s public expression of interest in a merger in August …
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AfricaAFRICA NEWSBusinessInsuranceNewsNigeriaWestern Africa
Tony Elumelu proposes N50m capital base for insurance brokers
Chairman of Heirs Holdings, Mr Tony Elumelu, has proposed N50 million as capital base for insurance broking firms operating in Nigeria. Elumelu, who is also founder, Tony Elumelu Foundation, said …