Despite Makro-owner Massmart’s billions-rand loss over the 26 weeks ended 26 June 2022, its online platforms have performed well, and it believes it will be prepared to compete with Amazon if …
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- EconomyEntrepreneurshipKenyaMarketsSafaricom
Firms buy Sh9.5bn Safaricom stake as small traders sell off
Local institutional investors have acquired shares worth Sh9.5 billion in Safaricom following the exit of domestic shareholders and foreigners, reversing the government’s objective of boosting Kenyan retail investors’ stake in …
- AfricaAFRICA NEWSBusinessFood ProductionGlobal NewsNestleNewsSpotlight
Nestle launches Vegan chocolate, targets 15 European countries
Nestle SA, the Swiss food giant, is launching KitKat V, a plant-based version of one of the world’s most popular chocolate bars, from Friday with a rollout planned across 15 …
Pick n Pay has migrated its entire on-premises information technology infrastructure to Amazon Web Services (AWS). The retailer worked with Lemongrass Consulting an AWS premier consulting partner with migration and …
- AfricaAFRICA NEWSBusinessMobile Telecommunications Network (MTN)NewsNigeriaSpotlightTechnologyTelecommunicationsWestern Africa
MTN, Ultima Studios to Debut game show ‘Family Feud’ on Nigerian Screens
The globally acclaimed game show, ‘Family Feud’ is set to grace screens across the nation from October 7, 2022 courtesy of leading technology company and headline sponsor, MTN Nigeria in …
- AfricaBusinessInformation TechnologyMobile Telecommunications Network (MTN)NewsNigeriaSpotlightTechnologyTelecommunicationsWestern Africa
MTN Nigeria begins 5G rollout, targets seven cities
MTN Nigeria has kicked off an open 5G pilot in the lead-up to its highly anticipated commercial launch. The company intends to launch 5G services in Lagos, Abuja, Port Harcourt, …
- BusinessEvaluate MediaNigeriaWestern Africa
Evaluate Media Celebrates 3 Years of Excellence, Reiterates Its Commitment To Helping SMEs Thrive
Evaluate Media & Softwares Limited, a renowned marketing and media company in Lagos, Nigeria while celebrating its 3rd anniversary, reiterated its commitment to promoting the growth and evolution of small …
- AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern AfricaZenith Bank
Zenith Bank posts double digit growth in H1 2022
In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank PLC has announced its audited results for the half-year ended June 30, 2022. …
- AfricaAFRICA NEWSBusinessMobile Telecommunications Network (MTN)NewsNigeriaSpotlightTechnologyTelecommunicationsWestern Africa
5G Rollout: MTN opens the portal for 5G router pre-order
MTN and Mafab Communications, in December 2021, won the 3.5GHz Spectrum band for the 5G license and the Nigerian Communications Commission (NCC) had given both operators up till August 24, …
- AmazonBusinessSouthern Africa
Meat analogue manufacturers gets a reprieve as court halts seizure of fake meat products
Meat analogue manufacturers were given a reprieve after the Johannesburg High Court interdicted the Food and Safety Agency (FSA) from seizing their products from retail stores. The Consumer Goods Council …