South Africa’s Remgro Ltd (REMJ.J) said on Thursday it will buy hospital chain operator Mediclinic International (MDCM.L) in a consortium with Switzerland’s MSC Mediterranean Shipping for 3.7 billion pounds ($4.49 billion). The offer, which …
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- Banking, Finance & InvestmentBusinessNewsSouth AfricaSouthern AfricaSpotlight
Musk’s lawyers subpoena big banks for records on Twitter deal
Lawyers for Elon Musk have subpoenaed JPMorgan Chase and Goldman Sachs for records relating to the billionaire’s plan to purchase Twitter. Musk has requested the banks turn over “documents and communications” relating to how …
- BusinessGlobal NewsNewsSpotlightTechnology
Ticketmaster, TikTok partner to give users a new way to discover and purchase event tickets
Ticketmaster, a ticket sales and distribution Company, and TikTok are partnering to launch an in-app feature that lets users discover events. With this new partnership, TikTok users will be able …
- AfricaDangote IndustriesNewsNigeriaPoliticsTrending TodayWestern Africa
Dangote and 5 other Nigerians receive the highest civilian honours in Niger Republic
To mark the Independence Day commemorated on August 3, the Republic of Niger on Wednesday honoured six Nigerians: two Presidential aides, two businessmen and two state governors, with their national …
- AfricaNewsNigeriaPoliticsTrending TodayWestern Africa
Nigerian govt purchases vehicles worth N1.4 billion for Niger, gives reason
The Nigerian government on Wednesday confirmed that President Muhammadu Buhari approved the purchase and donation of vehicles, worth N1.4 billion, to neighbouring Niger Republic. The Minister of Finance, Budget and National …
- AfricaBusinessNewsNigeriaTransportation & LogisiticsWestern Africa
NCAA begins financial audit of 8 domestic airlines
The Nigeria Civil Aviation Authority (NCAA) has said the eight domestic carriers are undergoing a financial and economic audit to establish their strength. Its Director-General, Capt MUSA Nuhu stated this …
- AfricaAmazonBusinessNewsTransportation & LogisiticsWestern Africa
Ghana domestic airlines increase ticket prices
Prices of local airline tickets in Ghana have shot up by between 15 and 20 percent, prompting recession fears among local operators following “a gradual drop” in patronage. The new …
- AfricaAmazonBanking, Finance & InvestmentInformation TechnologyNewsTechnologyWestern Africa
Absa Bank, Amazon sign pact to lead cloud computing transformation
Absa Bank Ghana is working with Amazon Web Services (AWS) to provide cloud computing skills in. The partnership allows Absa to identify an implementing partner in Ghana to train and …
- AfricaInformation TechnologyNewsSouth AfricaSouthern AfricaTechnologyTelecommunications
Openserve Splits From Telkom South Africa
Openserve, a South African wholesale network infrastructure provider officially split from its parent Telkom Group on Wednesday, according to an announcement from Telkom. As part of its Q1 SENS announcement, …
The Organization of Petroleum Exporting Countries, OPEC and its allies, have increased Nigeria’s oil quota to 1.830 million barrels per day, mb/d in September 2022, from 1.826 mb/d in August …