MultiChoice’s South African business is facing headwinds with increased competition, declining subscriber growth, and an assault on its exclusive sports rights. To appreciate MultiChoice’s battle in South Africa, you have …
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AfricaAgricultureAmazonFood ProductionNewsWestern Africa
Ghana Exim Bank Launches raw material development project
The Ghana Exim Bank has launched the raw material development project aimed at addressing raw material shortages among companies it is financing. According to the bank, most of the factories …
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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 …
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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 …
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AmazonGlobal NewsTechnologyTelecommunications
Elon Musk keeps selling Tesla shares even without Twitter deal
Investors expect Elon Musk to sell more shares of his electric carmaker Tesla Inc. by the end of 2022, according to the latest MLIV Pulse survey. About 75% of 1,562 …
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AmazonGlobal NewsSpotlightTechnologyTrending Today
Samsung profit slumps, a bad sign for Big Tech in 2022
Samsung Electronics Co.’s quarterly profit missed estimates after cooling demand for consumer gadgets hit its chip division, spurring concerns about the outlook for Big Tech in 2022. The world’s largest …
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The United States is demanding that the Kenya Revenue Authority (KRA) spy on American firms and investors for money laundering and tax evasion as a condition for a trade deal …
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AfricaAgricultureAmazonBusinessSouth AfricaSouthern Africa
South Africa rooibos tea industry pays out to indigenous people
South Africa’s rooibos tea industry paid R12.2 million ($716,000) to groups representing indigenous people in the country. This payment is part of a benefit-sharing agreement to recognize the original cultivators …
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AmazonGlobal NewsSpotlightTechnologyTelecommunicationsTrending Today
Netflix partners with Microsoft
Netflix has partnered with Microsoft to launch a cheaper subscription plan that includes advertisements, the firms said Wednesday, as the streaming giant fights to attract customers. Netflix opted to develop …
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AmazonBusinessEntrepreneurshipManufacturing & Consumer Goods
Henson Africa Announced Partnership In Furniture Distribution With Egypt’s MobicaHenson
Henson Africa has announced a distribution partnership with Mobica an Egyptian furniture system manufacturing company. Founded in 1979, Mobica has grown to be the largest furniture system manufacturer in the …